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AMD to Buy Xilinx in All-Stock Deal Valued at $35 Billion

AMD is buying Xilinx for $35 billion (roughly Rs. 2,57,900 crores) in an all-stock deal that will combine the two Silicon Valley chip makers. The deal announced Tuesday puts AMD in a place it wants to be; competing more fiercely with Intel. Xilinx stockholders will receive 1.7234 shares of AMD stock ...

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Samsung Electronics Chairman Lee Kun-hee Dies at 78

Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. Under Lee’s leadership, Samsung rose to become the world’s largest producer of smartphones and memory chips, and the firm’s overall turnover today is ...

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Mobile World Congress to Be Held in Barcelona Until 2024: GSMA

The Mobile World Congress (MWC), the telecoms industry’s biggest annual gathering, will be held in Barcelona until 2024, extending its current contract by one year, the GSMA association that hosts the congress said on Wednesday. “By extending through 2024, we are demonstrating our commitment to our ecosystem as well as ...

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