Intel's foundry business lost $13B+ on $17.5B in revenue in 2024, while TSMC generated $41.1B in operating profit on $90B in revenue over the same period
What's at Stake? Skye Jacobs / TechSpot : Intel considers breakup as Broadcom and TSMC explore separate deals AleksandarK / TechPowerUp : Intel Faces Potential Breakup as TSMC and Broadcom Explore Acq...
Tim Berners-Lee sells an NFT for $5.4M that represents time-stamped files of the source code for the world wide web and other items, via a Sotheby's auction
but contains errors (lol) New York Times : The World Wide Web sells for $5.4 million. Kate Knibbs / Wired : The Code That Built the Web Is Now a $5 Million NFT Kimberly Chin / Wall Street Journal : In...
After Satya Nadella and Trump spoke, Microsoft says it will continue discussions to explore a TikTok acquisition in US, ending on Sept. 15 if no deal is reached
and draw scrutiny Jane Li / Quartz : TikTok is too Chinese for the US—and too American for China South China Morning Post : China may not like forced TikTok sale but experts warn few other options Ste...
WeWork says SoftBank will provide $5B in new financing and buy up to $3B in shares from existing shareholders, which would give SoftBank an 80% stake in WeWork
Also FPOs and MSCI. Wall Street Journal : WeWork Ex-CEO Set for Big Payout Benedict Brook / news.com.au : Stricken billionaire's daftest idea yet Jonathan V. Last / The Bulwark : WeWork Is Why People ...