The California-headquartered semiconductor giant’s shares rose after reports that the Trump administration is in talks with the chipmaker to have the US government acquire a stake in the struggling company.
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    Intel stock climbs 7% on report Trump is considering taking stake

    The California-headquartered semiconductor giant’s shares rose after reports that the Trump administration is in talks with the chipmaker to have the US government acquire a stake in the struggling company. Read the full story

      Cohere hits $6.8B backed by AMD, Nvidia, Salesforce

      The Toronto-based artificial intelligence company is one of the first breakout large language model makers. Read here

      PHOTO: COHERE

      Cohere 260 COHERE

      STG Partners leads $6.1B buyout of Boston Celtics

      The co-founder of the California-based firm has secured NBA approval to buy a stake in the basketball team. Read here

      PHOTO: NBA

      Boston Celtics 260 NBA

      NEWS WORTH NOTING

      Apple unveils ‘thinnest iPhone ever’ at event

      The California tech giant is expected to release its iPhone 17 lineup, along with updates for the Apple Watch. Read here

      PHOTO: FASTILY

      Apple Mac 260 FASTILY

      NEWS WORTH NOTING

      NEWS WORTH NOTING

      DEALS ROUNDUP

      • RBC, BMO planning sale of $2B Canadian payments venture
      • Buffett acquires $1.6B UnitedHealth stake, sells T-Mobile
      • Jared Kushner’s firm buys 8% stake in UK lender OakNorth
      • T1, Corning reach deal to make fully US-made solar panels
      • Francisco Partners may sell cybersecurity firm BeyondTrust 
      • Accenture to buy cybersecurity firm CyberCX for $650M
      • Celestial AI gets $255M Series C1 to deploy photonic fabric
      • Titan receives $74M in funding backed by General Catalyst
      • XOPS raises $40M in funding led by Activant Capital, FPV

        INTERNATIONAL MARKETS

        • CK Hutchison sees ‘reasonable chance’ of $22.8B ports sale
        • China’s economy slows sharply as US trade war takes toll
        • Fashion retailer Shein’s UK sales surged to $2.8B in 2024
        • Kingsmill owner buys Hovis to create UK bread powerhouse
        • HSBC holds final close of Vision VC and Vision PE strategies

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        * Solution Provider of the Year: AI & Data Analytics for Deal Sourcing

        * Technology Innovation of the Year: Overall

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