Nvidia Corp. is worth more than $ 300 billion for the first time since 2020 remains a watershed year in the semiconductor sector for companies not named Intel Corp. Nvidia NVDA, + 6.68% shares closed up 6.7% at $ 493.48, giving Santa Clara, a California-based chipmaker, a market capitalization of …
Read More »In Battle Royale vs. Apple, Spotify and Match Group cast support behind ‘Fortnite’ developer Epic Games
“Fortnite” maker Epic Games is targeting a bona fide dust-up against Big Tech, and it is gaining the support of other leading app developers in the process. Spotify Technology Inc. SPOT, -0.92% and Match Group Inc. MTCH, + 1.15% has recently issued statements in support of Epic, which has filed …
Read More »Maker ‘Fortnite’ accuses Apple of illegal monopolistic practices in battle royalties that appear on the way to a courtroom
The maker of “Fortnite” has launched a Battle Royale against Apple Inc., accusing the tech giant of seeking to “maintain its legitimacy of its monopoly.” Epic games said Thursday it has filed legal papers against Apple AAPL, + 1.77% after the iPhone maker launched the company’s hit game “Fortnite” from …
Read More »Cisco stock records worst day in nearly a decade because cost cuts raise more concerns about coronavirus
Cisco Systems Inc. shares recorded their worst one-day drop in nearly a decade Thursday, following the network giant’s decision to circle the wagons in the form of cost cuts, as the company suffers from increasingly selective business expenses during the COVID-19 pandemic. Cisco CSCO, -11.18% shares, which fell as much …
Read More »Smartphone Chip Giant Qualcomm seeks 5G wealth after fiery antitrust battle
The legal victory of Qualcomm Inc. in a battle with high stakes with the US government brings up the opportunity for the smartphone chip giant to enjoy a period of relative calm and growth driven by increasing appetite for new 5G handsets. The company stems from what, by most industry …
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