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The average PC sold in the United States now costs more than $1,000. That has never happened before. Average sell-in prices crossed the line in the second quarter, up 12.0% year on year, according to Omdia. US shipments grew 1.0% in the quarter to 18.8 million units, after falling 7.0% in the first. Omdia expects […]
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The average American PC now costs more than $1,000 Read More »
Silver Lake is merging two companies it already owns. Cegid and Silae are both French. Both are majority-owned by the American private equity firm. On Wednesday they announced their intention to merge. The deal is expected to value the combined group at more than €10bn in enterprise value. Silver Lake will remain the majority shareholder. […]
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Silver Lake is merging Cegid and Silae into a €10bn French software group Read More »
Tesla is building Supercharger stations dedicated to its robotaxi fleet, which currently uses public sites where operators plug the cars in by hand. Europe was where Tesla first opened the network to other brands, and its charging rules count only publicly accessible capacity. Tesla is building Supercharger stations dedicated to its robotaxi fleet, InsideEVs reported. […]
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Toyota is recalling about 10,000 2026 C-HR electric crossovers in North America because a control unit can overcharge the traction battery under regenerative braking and shut the drive system down while driving. The fix is a software update the car cannot receive wirelessly, which European rules would document but not prevent. Toyota is recalling about […]
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HSCALE has signed a contract worth more than $1bn with an American cloud provider it will not name, for a Spanish data centre campus it will not locate. The company announced the deal this week. It describes the customer only as “a significant global cloud provider” and the site only as “a strategic metropolitan area […]
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A $1bn Spanish data centre deal, with no customer and no address Read More »
LG Energy Solution and Seoul National University report experimental lithium manganese-rich cells retaining 92.2% of their energy after 883 cycles, achieved by changing charge and discharge voltages rather than materials. The chemistry replaces nickel and cobalt with manganese, a strategic raw material China refines almost all of and Europe barely produces. LG Energy Solution and […]
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LG’s experimental LMR cells held 92.2% of their energy after 883 cycles Read More »
Amkor is roughly tripling the size of the chip packaging campus it is building in Arizona. The company announced phase 2 on Tuesday. It adds 60,000 square metres of cleanroom to the 33,000 already planned, taking the site to about 93,000 square metres, and lifts the total planned investment to approximately $12bn. Construction starts in […]
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Amkor is taking its Arizona chip packaging campus to $12bn Read More »
Chime is buying the bank that has held its customers’ money for seven years. The company announced on Tuesday that it has agreed to acquire Stride Bank of Enid, Oklahoma, for $590m in cash. Stride will become Chime Bank and operate as a wholly owned subsidiary. Closing should follow in the first half of 2027. […]
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Chime is paying $590m for its own sponsor bank Read More »
Amazon has opened books on its first sterling bonds, a four-part deal running from three to 19 years, adding another currency to a borrowing programme that has already raised the equivalent of more than $92bn this year. The sale was reported by Reuters on Wednesday, with pricing expected the same day. Initial guidance put the three-year tranche […]
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Amazon sells its first sterling bonds, taking 2026 borrowing past $92bn Read More »
Analog Devices has agreed to buy Alif Semiconductor for $1.35bn in cash, with up to $200m more contingent on performance, adding a line of microcontrollers built to run neural networks inside devices rather than send data to a data centre. The deal was announced today, and it is expected to close before the end of this […]
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Analog Devices will pay $1.35bn for edge AI chipmaker Alif Semiconductor Read More »