SoftBank nears deal to acquire chip designer Ampere

SoftBank nears deal to acquire chip designer Ampere

SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said. The Japanese company is discussing a deal that could value the Oracle-backed chip designer at about US$6.5 billion, including debt, according to the sources. A transaction may be announced in the coming weeks, they said. Bloomberg News reported…

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‘Emilia Pérez’ director slams Karla Sofía Gascón over ‘hateful’ tweets: ‘I don’t want to’ speak to her

‘Emilia Pérez’ director slams Karla Sofía Gascón over ‘hateful’ tweets: ‘I don’t want to’ speak to her

“Emilia Pérez” director Jacques Audiard is addressing Karla Sofía Gascón’s shocking controversy — and he’s not happy. The French writer-director, 72, expressed his disappointment in his Oscar-nominated actress after several of her social media posts resurfaced, in which Gascón criticized Muslim culture, George Floyd and even called her “Emilia Pérez” co-star Selena Gomez a “rich rat”…

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Coffee soars to record US$4 mark as supply fears power rally

Coffee soars to record US mark as supply fears power rally

Fears have grown about future output in top-grower Brazil after a prolonged drought ARABICA coffee topped US$4 per pound in New York for the first time, as concerns over tight global supplies fuel a dizzying rally that’s doubled prices over the past year. The move stands to accelerate the fallout for consumers as ever-pricier beans…

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Forever 21 considers bankruptcy filing if asset-sale plans fail

Forever 21 considers bankruptcy filing if asset-sale plans fail

FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to sources with knowledge of the matter. The company is focused on finding buyers for profitable leases, said the sources, who asked not to be identified discussing a private matter. If that fails, it would turn…

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Ford sees sharp profit drop as Trump tariff, EV threats loom

Ford sees sharp profit drop as Trump tariff, EV threats loom

FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed by potential steep new tariffs under US President Donald Trump and dimming electric vehicle (EV) prospects. The second-largest US automaker on Wednesday (Feb 5) said earnings…

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Donald Trump Faces First Impeachment Threat Over Gaza “Ownership” Plan

Donald Trump Faces First Impeachment Threat Over Gaza “Ownership” Plan

Former U.S. President Donald Trump is facing an impeachment threat for the first time since taking office last month. Democratic Representative Al Green has announced plans to introduce articles of impeachment against Trump over his controversial proposal for Gaza. Green, a long-time critic of Trump, condemned the former president’s remarks on Gaza’s future. “Ethnic cleansing…

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Google Removes Pledge Against AI Weapons and Surveillance Development

Google Removes Pledge Against AI Weapons and Surveillance Development

Google has quietly removed a key commitment from its AI ethics guidelines. The tech giant no longer pledges to avoid AI projects that could cause “overall harm,” including weapons and surveillance. The change comes as Donald Trump begins his second term as U.S. president. Twitter The pledge, originally added in 2018, followed employee protests against…

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