Articles for tag: Acquiring, Considers, Deal, Decline, Drastic, Efforts, Intel, Intels, Landmark, Market, Potential, Qualcomm, Sparking, Struggling, Turnaround

Market News

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...

Market News

BSNL defied industry trends, gaining 2.9 million subscribers in July amid rivals’ tariff hikes, marking a dramatic turnaround.

BSNL defied industry trends, gaining 2.9 million subscribers in July amid rivals’ tariff hikes, marking a dramatic turnaround.

In July, state-owned telecom company BSNL experienced a significant turnaround, adding 2.9 million subscribers after private rivals increased their tariffs. This surge came after BSNL had lost 0.74 million users in June. Major players like Reliance Jio, Bharti Airtel, and Vodafone Idea raised their prices just days earlier, resulting in subscriber losses for all three. ...

Market News

Intel Faces Crisis: Gelsinger’s Bold Turnaround Plan on the Brink

Intel Faces Crisis: Gelsinger’s Bold Turnaround Plan on the Brink

Intel is facing a challenging period, considering major changes in its operations, including a potential split of its product design and manufacturing branches. This comes after a disappointing earnings report that significantly impacted its stock prices. With the guidance of investment banks Morgan Stanley and Goldman Sachs, Intel is evaluating various options, although no immediate ...

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