computing_news

China may delay $69bn Broadcom-VMware deal, South Korea conditionally approves it

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China may delay bn Broadcom-VMware deal, South Korea conditionally approves it

The decision comes as China’s State Administration of Market Regulation explores the possibility of extending the review process indefinitely, according to a report by the Financial Times, which cites three anonymous sources familiar with the situation. The move is seen as a response to Washington’s updated export controls, designed to close a loophole that allowed … Read more

VMware staff on notice for job cuts as Broadcom finalises $61bn acquisition

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VMware staff on notice for job cuts as Broadcom finalises bn acquisition

VMware, a company specialising in cloud computing and virtualisation, conducted a staff meeting last week during which it warned employees of impending layoffs. The announcement came as Broadcom finalises its $61 billion acquisition of the company, expected to be completed in late October. According to The Register, the meeting was a routine quarterly company update, … Read more