Munsif Vengattil
Stories by Munsif Vengattil
India’s Vedanta in talks to raise up to $3b debt in semiconductors push
The conglomerate formed a joint venture with Taiwan's Foxconn to diversify into chip manufacturing.
India to offer more sops to lure companies in semiconductors push
The Indian semiconductor market, worth $15b in 2020, is estimated to reach $63b by 2026.
Facebook to launch several audio products to take on Clubhouse
Downloads of Clubhouse suffered an estimated 70% month-on-month decline in March.
Genworth Financial terminates $2.7b buyout deal with China Oceanwide
The merger was originally proposed in October 2016.
SoftBank to take 40% stake in warehouse robotics firm AutoStore for $2.8b
The deal values the firm at $7.7 billion.
Salesforce to buy workplace app Slack in $27.7b deal
The deal will bolster the enterprise portfolio of Salesforce.
Kids’ gaming platform Roblox faces concerns over offensive content ahead of US IPO
Roblox does not provide transparency reports about purged content.
Alibaba beats Q3 sales forecasts on China e-commerce growth
Sales from its core e-commerce business rose 29% in the reported quarter.
Uber, gig economy firms see California win as national model
Uber said the vote paved the way for a more secure future for app-based workers.
China’s Weibo owner Sina to be taken private by CEO in $2.6b deal
The deal is expected to close during the first quarter of 2021, Sina said.
