Intel’s share price has dropped 10%, as the Coronavirus pandemic continues to take a toll. The Californian chipmaker’s value took a dive on underwhelming revenues, which analysts blame on the pandemic’s freezing…
Tech Stock Plunge Wipes $10bn From Giants’ Value
The ten most valuable US tech companies have suffered a combined $82.7 billion value loss today, led by Facebook’s continued slide. The social media firm, whose value plummeted by a record $124bn…
Slow Growth and a European Exodus – But Don’t Ring Facebook’s Death Knell Yet
Facebook is having a week to forget. On Wednesday the social media giant revealed that revenue growth would “continue to decelerate in the second half 0f 2018” – and that it had…
Tech Rounds on American Far-Right, as Trump Loses Intel from Manufacturing Council
The events in Charlottesville have shamed America, and shocked the rest of the world. The sight of neo-Nazis marching through an American city conjures all kinds of horrors from a past many…
Intel Buys Mobileye for $15.3bn
US chipmaker Intel has announced a $15.3 billion takeover of driverless car tech firm Mobileye. Intel will pay $63.54 a share for the Israeli company, whose ascendance in the autonomous driving industry…
Corporate-Startup Partnerships are Thriving in Israel
When Greg Moran, CEO of Zoomcar, first traveled to Israel last year, he was expecting to have a few business conversations–maybe even to collaborate on a low-level project. His firm, India’s first…