Intel Taps ASML’s High NA Machine to Make Panther Lake Chips
Prime Highlights Intel has begun using ASML's High NA EUV machines to produce select layers of its Panther Lake chips, following experiments that began in 2024. The High NA tool…
Chancellor Reeves Launches City Skills Compact For AI Training
Prime Highlights- Chancellor Rachel Reeves is set to launch a new City skills compact committing major firms to retrain thousands of financial sector workers for the AI era. Nearly 20…
Union Pacific, Norfolk Southern Offer Rail Divestitures to Advance Merger
Prime Highlights Union Pacific and Norfolk Southern offered to divest stakes in smaller jointly owned railroads to advance their $85 billion merger. The companies expect the deal to save shippers $3.5 billion annually and…
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LY Corp and Bain Raise Bid for Kakaku.com to $4.12 Billion
Prime Highlights LY Corp and Bain Capital raised their bid for Kakaku.com to 670 billion yen, or about $4.12 billion. Kakaku.com shifted its stance to neutral and will hold talks…
Lime Raises $167 Million In U.S. IPO Debut
Prime Highlights Lime raised $167 million in its U.S. IPO, selling shares at $25 apiece, the midpoint of its marketed range. Uber has indicated interest in buying up to $20…
FedEx beats earnings and revenue forecasts in final quarter before freight business spinoff
Prime Highlights FedEx posted adjusted earnings per share of $6.31 against analyst expectations of $5.96, with revenue of $25.01 billion beating forecasts of $24.04 billion. CEO Raj Subramaniam said the…
Qualcomm Explores Custom Chip Deal With ByteDance
Prime Highlights Qualcomm is in talks with ByteDance to develop custom chips, potentially making the Chinese technology company an early customer of its chip design services business. The discussions reportedly…
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SBA Moves to Launch Idaho’s First Veteran Business Outreach Center
Prime Highlights SBA is actively working with Senator Risch to establish Idaho’s first dedicated Veteran Business Outreach Center (VBOC). The center would help veterans, service members, and military spouses start…
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Accenture Expands Industrial AI Capabilities Through IndX Acquisition
Prime Highlights Accenture has agreed to acquire IndX to strengthen its capabilities in AI-enabled manufacturing, engineering and supply chain solutions. The deal combines IndX’s Siemens technology expertise with Accenture’s AI…
Seven & i Holdings Launches New International Management Office From July
Prime Highlights Seven & i Holdings is launching a new international business management office on 1 July, absorbing 7-Eleven Japan's overseas operations. Ken Wakabayashi will shift from President and CEO…