Dell Technologies to spin-off stake in VMware to generate up to $9.7bn
Dell Technologies has reached an agreement with cloud computing and virtualisation technology firm VMware on the terms for spinning off its 80.6% stake in the latter. The US
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Dell Technologies has reached an agreement with cloud computing and virtualisation technology firm VMware on the terms for spinning off its 80.6% stake in the latter. The US
US-based database management company Oracle is planning to open a new campus in Nashville, Tennessee with an investment of $1.2bn. The company’s new campus will create 8,500 new
SpaceX has secured about $1.16bn in equity financing during the last two months as per an amended regulatory filed by the California-based space transportation services company. The filing
Grab has revealed plans to merge with Altimeter Growth, a US-based special purpose acquisition company (SPAC), in a deal that values the combined company at around $39.6bn. The
Microsoft has agreed to acquire US-based conversational artificial intelligence (AI) company Nuance Communications for $19.7bn. As per the terms of the deal, the tech major will acquire the
Intel’s Mobileye has signed a deal with Udelv to integrate its Mobileye Drive self-driving system into the latter’s Transporters autonomous delivery vehicles (ADVs). The companies aim to manufacture
Microsoft is reportedly looking to acquire Nuance Communications, a US-based conversational artificial intelligence (AI) company, for approximately $16bn. The tech giant is in advanced discussions to acquire Nuance
Jack Ma’s Alibaba Group has been hit with a fine of CNY18bn ($2.75bn) by the Chinese State Administration for Market Regulation (SAMR) for anti-monopoly violations. An anti-monopoly probe
Facebook has removed 16,000 trading groups that were indulging in fake and misleading reviews of products and services on its social media platforms following intervention from the UK
Samsung Electronics is set to officially launch Galaxy SmartTag+ next week to help find misplaced items using augmented reality (AR) technology. Equipped with Bluetooth Low Energy (BLE) and