Reuters

Chipmaker Broadcom in Talks to Acquire VMware -Sources

Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms being discussed are not known. […]

Cancer Coalition Aims to Boost Access to Medicines in Poorer Countries

Pharmaceutical companies including Novartis and Roche have teamed up with global cancer organisations in an alliance aimed at getting more oncology medications to poorer countries. Currently, fewer than 50% of the cancer drugs on the World Health Organization’s (WHO) essential medicines list are available in low and middle income countries, and the disease burden is […]

Computer Chip Giant ASML Places Big Bets on a Tiny Future

ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on computer chips used in everything from phones and laptops to cars and […]

Analysis: Blockchain Needs MP3 Music Moment to Win Over Markets

Blockchain needs its own music industry ‘MP3’ moment as fragmented regulation and technology hamper the development of a digital securities industry that could help realise its full potential, industry officials said. Blockchain, or distributed ledger technology (DLT), underpins cryptoassets like bitcoin and allows many parties to access a single version of data at the same […]

Analysis-Why Twitter has Ignored Elon Musk's 'Trolling'

A unilateral pronouncement that the acquisition of Twitter Inc is “on hold”. Fierce criticism of the social media company’s handling of spam accounts. A “poop emoji” directed at Twitter’s chief executive, Parag Agrawal. These are just some of Elon Musk’s tweets in the last four days, culminating in a suggestion by the Tesla Inc chief […]

Analysis: South Korea's High-Speed 5G Mobile Revolution Gives Way to Evolution

South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and smart cities. Three years on, the giddy promises are unfulfilled. Some 45% of the country’s people are now on 5G, one of the highest rates globally, after some $20 billion in spending […]

Top Stablecoin Tether Boosts U.S. Treasuries Holdings

Tether, the world’s largest stablecoin, said on Thursday it has boosted its holdings of U.S. government debt while cutting exposure to riskier assets, the first look at its reserves since the token was rocked by the crypto sector’s recent sell-off. Stablecoins, a variety of cryptocurrencies designed to keep a steady value, are in sharp focus […]