Who Got Poorer This Week: Three Tech Titans Lose $37 Billion

Who Got Poorer This Week: Three Tech Titans Lose  Billion

Huang, cofounder and CEO of Nvidia, photographed at Nvidia’s headquarters, Santa Calra, CA. Copyright © 2016 Ethan Pines Markets were slightly down this week, but three of America’s top 30 richest—Dell Technologies’ Michael Dell, Nvidia’s Jensen Huang and Tesla’s Elon Musk—took especially big tumbles. On Tuesday, the Biden administration announced new measures that aim to … Read more

Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector

Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector

Beijing antitrust regulators spent so long evaluating a $5.4 billion acquisition by Intel Corporation that the U.S. chipmaker eventually gave up. Now, the country may try to use the same strategy against another U.S. semiconductor firm and torpedo a deal almost 12 times as large. Chinese regulators are exploring whether to delay approval for U.S. … Read more

Tech Down as VMWare, China Fears Weigh — Tech Roundup

Tech Down as VMWare, China Fears Weigh — Tech Roundup

Shares of technology companies fell after one major deal was jeopardized by U.S.-China tensions, stoking concerns that the tech trade war will hurt the industry. Shares of VMWare plunged after The Financial Times reported Broadcom’s roughly $61 billion deal to buy the maker of virtualization software was held up by Beijing authorities, largely in response … Read more

Navigating tech, diversity, and leadership: Purnima Padmanabhan, VMware

Navigating tech, diversity, and leadership: Purnima Padmanabhan, VMware

Navigating the dynamic intersection of technology, diversity, and leadership is a multifaceted journey in today’s evolving landscape. In the ever-advancing realm of technology, where innovation shapes the way we live and work, effective leadership plays a pivotal role. The ability to harness technological advancements while promoting diversity within the workforce is a formidable challenge. True … Read more

Beijing weighs delaying approval of $69 bln Broadcom-VMware deal- FT

Beijing weighs delaying approval of  bln Broadcom-VMware deal- FT

A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 19 (Reuters) – Beijing is weighing holding up US chipmaker Broadcom Inc’s (AVGO.O) $69 billion purchase of cloud computing company VMware Inc (VMW.N), the Financial Times reported on … Read more

SeaCrest Wealth Management Increases Stake in VMware, Showing Confidence in Thriving Tech Sector

SeaCrest Wealth Management Increases Stake in VMware, Showing Confidence in Thriving Tech Sector

SeaCrest Wealth Management LLC, a prominent investment firm, recently increased its stake in VMware, Inc. (NYSE:VMW) by an impressive 77.6% during the second quarter of this year. This notable move was disclosed in the company’s most recent filing with the Securities and Exchange Commission (SEC). As a result of this transaction, SeaCrest now holds 5,660 … Read more

Why the Broadcom-VMware Deal Could Be a Game-Changer for Tech Investors

Why the Broadcom-VMware Deal Could Be a Game-Changer for Tech Investors

For more than a year, a planned merger deal has been a big factor driving price action for shares in VMware (NYSE:VMW). As you may recall, back in May 2022, Broadcom (NASDAQ:AVGO) announced plans to acquire all outstanding shares of VMW stock. Required regulatory reviews have delayed the merger, as the transaction could give Broadcom … Read more

This week in enterprise: Tech IPOs gain steam, AI keeps booming and WMware reaches for relevance – SiliconANGLE

This week in enterprise: Tech IPOs gain steam, AI keeps booming and WMware reaches for relevance – SiliconANGLE

What summer vacation? Making up for lost COVID time, companies are cramming events into what is sometimes a slow tech news season, IPOs are heating up, and investors continue make big moves in artificial intelligence and cybersecurity. This week VMware Inc. held what might be a last blast for its annual user conference, now called … Read more

Navigating the tech horizon: Key takeaways from VMware Explore 2023 Day 1 – SiliconANGLE

Navigating the tech horizon: Key takeaways from VMware Explore 2023 Day 1 – SiliconANGLE

In the ever-evolving landscape of technology, industry events serve as critical touchpoints, offering a glimpse into the future and unveiling the trends that will shape our digital world. VMware Explore 2023 stands as a prime example of this, offering a platform for experts and enthusiasts to dive into the latest advancements in virtualization and cloud … Read more

From chaos to clarity: How multicloud architecture and AI integration are shaping tomorrow’s tech landscape – SiliconANGLE

From chaos to clarity: How multicloud architecture and AI integration are shaping tomorrow’s tech landscape – SiliconANGLE

In the rapidly evolving landscape of technology, two dominant forces have emerged as game-changers: multicloud architecture and artificial intelligence integration. As businesses strive to stay ahead in the digital race, the confluence of these technologies offers an unprecedented opportunity to reshape industries and drive innovation. “It was not part of a traditional operating system,” said Kit … Read more