A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed Japan Investment Corp will take over JSR , which makes light-sensitive chemicals vital to manufacturing semiconductors, among other things. It will help Tokyo bolster its technology supply chains as the country looks to capitalise on jitters around Taiwan, home to many major chipmakers and suppliers.
A U.S. judge late on Tuesday granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft Corp's acquisition of video game maker Activision Blizzard and set a hearing next week.
The U.S. Federal Trade Commission on Monday said it asked a court for a temporary order to prevent Microsoft Corp's $69 billion acquisition of video game maker Activision Blizzard from closing while the regulator continues reviewing the deal.
Apple Inc unveiled its first augmented-reality (AR) headset, as well as a series of upgrades to its devices and software, at the company's annual developers conference on Monday.
Audiences swung into theaters for “Spider-Man: Across the Spider-Verse, giving the animated film a hefty $120.5 million in its domestic box office debut, the second-biggest opening weekend of the year.