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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…

  • Business
  • Technology

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…

  • Asia
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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…

  • Asia
  • Business

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…

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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…

  • Asia
  • Australia

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…

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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…

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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…

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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…

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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…

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