Apple Won’t Be Developing Wi-Fi Chip For Now, Says Analyst — Making This Chipmaker ‘Biggest Winner
Apple Inc. (NASDAQ:AAPL) has reportedly halted the production of its in-house Wi-Fi chip for a while and Broadcom Inc. (NASDAQ:AVGO) will receive “the best end” of this development. What Happened: Investors shouldn’t be worried about Apple’s in-house Wi-Fi chip affecting Broadcom’s business, according to Ming-Chi Kuo, a notable analyst at TF International Securities. See Also: […]
Oregon Update: Psilocybin Therapy Services Implementation, From Concept To Reality
Oregon’s Measure 109 provides the state with the first comprehensive legal psilocybin therapy program in the U.S. The Oregon Health Authority (OHA) has begun receiving applications on behalf of training programs and service centers as well as labs and manufacturing businesses. By the second week of January, the OHA was reviewing six applications, while several […]
AI Battle: Gates, Brin, Page, The OGs Of Tech Leave ‘Retirement’ For Heavyweight Fight
A handful of tech visionaries from the late 1990s to early 2000s are re-engaging or revealing a continued involvement with their former companies in the wake of the release of OpenAI’s ChatGPT. What Happened: Last month, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, held several curious meetings after CEO Sundar Pichai issued […]
More Trouble For Elon Musk? Twitter Revenue Reportedly Plunges 40% As ‘Giant’ Interest Payment Deadline Looms
The chatter on Twitter’s impact on Tesla, Inc.’s (NASDAQ: TSLA) fundamentals could return following the surfacing of a new rumor. What Happened: Twitter’s revenue has declined 40% year-over-year, Platformer Managing Editor Zoe Schiffer tweeted late Tuesday, terming the revelation as a tiny scoop, without specifying the exact period. Before Musk bought Twitter, the social media platform’s revenue for the six months […]
Psyched: Psychedelics In Davos, Prince Harry In The 90s, Cathie Wood’s Latest Moves And More
Psychedelics Take Center Stage In Davos Psychedelics will lead the conversation inside the Davos House of Health for a second year in a row this January. The event is running parallel to the World Economic Forum. This year’s opening session, titled “Wisdom Health: Consciousness Leadership,” will be led by the Swiss non–profit’s founder, Álvaro Guirao, […]
Apple Could Be Bringing A ‘Surprise’ Today, Says Prominent Leaker
Subway Sandwich’s Potential Sale, Walt Disney’s CEO Faces New Challenge, Second Day of Flight Delays After System Outage: Today’s Top Stories
Wall Street Journal FAA System Outage Causes Second Day of Flight Delays Wednesday morning Federal Aviation Administration (FAA) witnessed an outage of the system that sends messages to pilots. The delays persisted into a second day, Thursday. However, airlines moved to resume normal operations after the FAA temporarily paused domestic departures, which led to a […]
Subway’s Potential Sale: Eat Fresh for $10 Billion or More
Sandwich chain Subway is exploring a potential sale that could value the company at more than $10 billion and has retained advisers. “As a privately held company, we don’t comment on ownership structure and business plans,” Subway said. “We continue to be focused on moving the brand forward with our transformational journey to help our franchisees be […]
WWE, Saudi Arabia’s Problematic Yet Profitable Past: Sale Rumors Swirl As Co-CEO Resigns
World Wrestling Entertainment (NYSE: WWE) is still for sale Wednesday. The wrestling promotion was the subject of widespread rumors this week concerning a deal with Saudi Arabia’s Public Investment Fund, but multiple media sources are confirming that the company has not been sold. The reports come as Stephanie McMahon, the daughter of longtime promoter and former WWE CEO […]
Activist Investor Builds Stake In Bayer, Pushes Breakup
Activist investor Bluebell Capital Partners has built a stake in Bayer AG (OTC: BAYRY) (OTC: BAYZF) and is pushing it to split up. The activist has been speaking to Bayer’s supervisory board behind the scenes over the past few months. Bluebell has accumulated an undisclosed holding and is seeking an overhaul of Bayer’s corporate governance, Bloomberg … Full story […]