AsiaBusiness Microsoft wins EU antitrust approval for Activision deal vetoed by UK The Cheap InvestorMay 16, 2023May 16, 20230 By Foo Yun Chee BRUSSELS (Reuters) -Microsoft Corp won EU antitrust approval for its $69 billion acquisition of Activision on…
BusinessTechnology Musk tells Tesla staff he must approve all hiring- memo The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) – Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally…
AsiaBusiness Tesla applies to expand Shanghai plant, add pouch battery cell output The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) – Tesla Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the…
AsiaBusiness EU must build cutting-edge computer chips – industry chief Breton The Cheap InvestorMay 16, 2023May 16, 20230 By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed…
AsiaBusiness Exclusive-LG Display to supply OLED TV panels to Samsung Elec – sources The Cheap InvestorMay 16, 2023May 16, 20230 By Heekyong Yang SEOUL (Reuters) -South Korea’s LG Display Co Ltd will start supplying high-end TV panels to Samsung Electronic…
AsiaAustralia Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings The Cheap InvestorMay 15, 2023May 15, 20230 By Carolina Mandl (Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of…
BusinessTechnology OpenAI readies new open-source AI model – The Information The Cheap InvestorMay 15, 2023May 15, 20230 (Reuters) -OpenAI is preparing to release a new open-source language model to the public, The Information reported on Monday, citing…
BusinessEconomy EV startup Arrival’s cash and equivalents slump at end of first quarter The Cheap InvestorMay 15, 2023May 15, 20230 (Reuters) -British electric vehicle start-up Arrival SA said on Monday it had $130 million in cash and cash equivalents at…
BusinessEconomy Pershing Square unveils new stake in Alphabet The Cheap InvestorMay 15, 2023May 15, 20230 (Reuters) -Billionaire investor William Ackman has built in the first quarter a new stake in Alphabet worth $1.1 billion, according…
BusinessEconomy Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter The Cheap InvestorMay 15, 2023May 15, 20230 By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management…