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Street
Tag: street
Tech
Citing a weakened market, Micron says wafer production for DRAM and NAND memory chips will be down about 20% over the past quarter; Micron's stock fall 5%+ (Will Feuer/Wall Street Journal)
Mr.Mario
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November 16, 2022
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Tech
Sources: Sam Bankman-Fried has unsuccessfully continued to attempt to raise $8B to plug FTX's shortfall, despite filing for bankruptcy and resigning as CEO (Wall Street Journal)
Mr.Mario
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November 15, 2022
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Tech
Sources: Meta plans to lay off thousands of employees this week, with an announcement expected as soon as Wednesday, the first broad layoffs in its history (Wall Street Journal)
Mr.Mario
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November 7, 2022
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Tech
Sources: US-based self-driving trucking company TuSimple faces US federal probes into whether it improperly financed and transferred tech to a Chinese startup (Wall Street Journal)
Mr.Mario
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October 31, 2022
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Tech
Amid a downturn, tech companies may shift their focus from "gee-whiz" projects, like self-driving cars and metaverses, to truly useful products that make money (Christopher Mims/Wall Street Journal)
Mr.Mario
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October 30, 2022
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Tech
Do Kwon faces a suit, filed on September 23, in Singapore from 350 investors who lost ~$57M, alleging "fraudulent misrepresentations" about TerraUSD's stability (Wall Street Journal)
Mr.Mario
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October 29, 2022
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Tech
Sources: the FTC is investigating whether Visa and Mastercard's security tokens restrict debit-card routing competition on online payments (AnnaMaria Andriotis/Wall Street Journal)
Mr.Mario
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October 18, 2022
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Tech
Sources: Cloud computing company Nutanix is exploring a sale after receiving takeover interest; Nutanix has a market cap of $5B+, down from $9B+ in Sept. 2021 (Wall Street Journal)
Mr.Mario
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October 14, 2022
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Tech
Lego owner Kirkbi acquires Brainpop, which makes short educational animated videos and other materials for US schools, for $875M (Trefor Moss/Wall Street Journal)
Mr.Mario
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October 11, 2022
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Tech
Apple's supplier list shows 48 had manufacturing sites in the US as of September 2021, up from 25 in 2020; 30+ sites were in California, up from <10 in 2020 (Yang Jie/Wall Street Journal)
Mr.Mario
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October 4, 2022
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