With the Stock Down Almost 50% YTD STMicroelectronics (NYSE:STM) 6% job cuts Franco-Italian chipmaker STMicroelectronics NV (NYSE:STM) is contemplating a workforce reduction of approximately 6%, Bloomberg News reported, citing individuals with knowledge of the...
CGI Group (NYSE: GIB) Acquires Novatec CGI’s (GIB) acquisition of Novatec will enable Novatec clients to gain access to CGI’s global capabilities, network of delivery centers, and breadth of end-to-end services and solutions. Both companies are strongly...
In Good Spirits; Spirit Airlines (OTC: SAVEQ) continues with restructuring plans and Turn Away from Frontier Proposal First reported by MSNBC, Frontier said in a release that it has met with Spirit’s board and executives since it made its proposal this month....
Nano Labs (NASDAQ: NA) acquires stake in AI chip developer Weiheng Tech Nano Labs Ltd said on Tuesday that it has acquired a 5% share in Hangzhou Weiheng Technology Co Ltd, a firm specializing in the development of artificial intelligence (AI) chips, positioning Nano...
Symbotic (Nasdaq: SYM) Completes Acquisition of Walmart’s Advanced Systems and Robotics Business and Signs Related Commercial Agreement Symbotic Inc. (Nasdaq: SYM) a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed...
