Infineon is one of the largest semiconductor companies in the world and is a top player in automotive, power and security chips.
Read more: German chipmaker Infineon prepared to handle increased competition from China, CEO says
Oracle would own less than 20% of TikTok as the deal is structured now.
Read more: TikTok set to IPO globally if Trump approves deal with Oracle, Walmart
Amazon was the Postal Service’s “largest customer” in fiscal 2019, according to documents obtained by a watchdog group.
Read more: Trump says Amazon costs the USPS ‘billions,’ but internal docs tell a different story
Unity is set to wrap up a big week for tech IPOs on Friday, and investors showed bullishness, pricing the stock above its expected range.
Read more: Unity prices IPO above range at , initially valuing game software company at .7 billion
Shares of Snowflake traded sharply lower a day after the company’s blockbuster market debut.
Read more: Snowflake shares tumble 10% a day after IPO surge
The two-year study is looking at whether data collected from the Apple Watch can help people with asthma predict potentially serious outcomes, which could lead to hospitalization. About 1.8 million people end up in emergency rooms from asthma each year.
Read more: Anthem to study whether Apple Watch could help people with asthma
President Trump revisited the idea of getting a payment as part of a deal between Oracle and TikTok but said that lawyers had suggested it wouldn’t be legal.
Read more: Trump says he’s ‘not prepared to sign off on anything’ for an Oracle-TikTok deal
Mike Speiser, who helped create Snowflake and served as its first CEO, is generating massive returns from the software company’s IPO.
Read more: A low-profile investor who bet on Snowflake eight years ago is up more than billion after IPO pop
One of Snowflake’s key suppliers, Amazon, happens to be a major competitor. The situation has improved, Snowflake’s CEO said.
Read more: Snowflake’s complicated ties to Amazon present a long-term risk to IPO investors
Sony announced the price and release date for the PS5 on Wednesday.
Read more: Sony announces PS5 price and release date: Starts at 9 and launches Nov. 12