February 25, 2024

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Latest February 25, 2024

Broadcom Nearing $3.8 Billion Deal to Sell End-User Computing Business to KKR

Key Points: U.S. Chipmaker Broadcom is nearing a $3.8 billion deal to sell its end-user computing business to private equity firm KKR. This move aligns with Broadcom's strategy to streamline its portfolio following the acquisition of VMware. KKR emerged as the winning bidder in the auction for Broadcom's EUC unit, surpassing other private equity firms. KKR's involvement underscores its significant...

Hyundai E&C Emerges as Preferred Bidder for Bulgaria’s $14 Billion Nuclear Plant Project

Key Points: Hyundai Engineering & Construction Co. was selected as the preferred bidder for a nuclear plant project in Bulgaria. The project involves the construction of two nuclear reactors in Kozloduy with a capacity of 2,200 megawatts each. The Bulgarian parliament approved the decision, signaling Hyundai's competence in nuclear infrastructure development. Negotiations with Kozloduy NPP New Builds PLC are underway,...

X Expands Audio and Video Calling Feature to All Users

Key Points: X expanded its audio and video calling feature to all users, which was previously available only to Premium users. Engineer Enrique Barragan announced the decision to extend the feature, marking a significant development in communication options on the platform. Users can customize their calling preferences by navigating to Settings and Support > Settings and Privacy> Privacy and Safety>...