Pierre Omidier looks on during the final session of the annual Clinton Global Initiative meeting in New York. Ramin Talai | Corbis Hist Historical | Getty Images The philanthropic investment group created by the founder of eBay hopes to reassure business leaders and policymakers that the time has come to …
Read More »Nvidia will buy Arm Holdings from Softbank for 40 40 billion
Jensen Huang, CEO of Nvidia Rick Wilking | Reuters The companies announced on Sunday that chipmaker Nvidia had agreed to buy Arm Holdings, the designer of chips for mobile phones, in a 40 40 billion deal from Softbank. The deal will include વી 21.5 billion in Nvidia stock and 12 …
Read More »Dow futures rise more than 150 points as Wall Street seeks to recover after tech struggles
People in New York City walk through the New York Stock Exchange (NYSE) on May 18, 2020. Spencer Plot | Getty Images U.S. The market saw its first back-to-back weekly decline in the month following the sell-off in tech shares after stock futures rebounded on Sunday night. The Dow Jones …
Read More »Coronavirus cases are on the rise in 11 US states
About a dozen U.S. Cases of coronavirus continued to develop in the states, as the nation’s leading infectious disease specialist Dr. Anthony Fauci warns of alarming levels of new infections in the country. In 11 states as of Sunday, based on a weekly average to simplify daily reporting, Covid-19 cases …
Read More »Gilead to buy cancer drug maker Immunomidics for 21 billion
A Gilead Sciences scientist analyzes a patient’s antibody levels at the Gilead Laboratory in Foster City, California. David Paul Morris | Bloomberg | Getty Images Gilead Sciences will acquire the biotech company Immunomedics in a 21 billion deal that will expand the availability of Gilead cancer treatments, the companies announced …
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