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1150 days ago

EA set to buy Glu Mobile for $2.4B

Electronic Arts Inc. said Monday it is acquiring Glu Mobile Inc. in a $2.4 billion deal aimed at expanding an area of business in which the videogame giant has had mixed success. The all-cash deal, which is expected to close in the June-ended quarter, will bring Glu’s mobile games such as “Kim Kardashian: Hollywood,” “Diner Dash” and “MLB Tap Sports Baseball” to EA. Glu shareholders will receive $12.50 a share, representing a 36% premium to Glu’s closing price Friday, EA said. Glu shares rose 34% to $12.56 in extended trading Monday. - WSJ

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1150 days ago

DoorDash set to buy Chowbotics

Chowbotics is about food automation and DoorDash seems the type to dive into the $46million company in order to expand its already high sales growth numbers. -WSJ 

#Technology

1150 days ago

Tech IPOs by valuation size compared

Exciting tech IPO opportunities have seen a flock of investors piling into boost valuations past previous levels and beyond current earning. - WSJ 

#Technology

1150 days ago

Semiconductor book-to-bill ratio suggests chip demand rolling over

The semiconductor book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. It's widely used as a leading indicator of demand trends within the industry.

#Stocks #Technology
Semiconductor book-to-bill ratio suggests chip demand rolling over

1151 days ago

The chip shortage turns into a crisis

If the semiconductor shortage was previously hurting the automobile industry, today, the damages extend to a full scale crisis affecting consumers electronics as well. The issue is considered as the biggest shortage in years. Apple is worried about its iPhone production, Sony is worried about its new PS5, companies like Lenovo are also fearing for their production line. Huawei is also being blamed for hoarding components last year, and other manufacturers might do the same.

#Technology
The chip shortage turns into a crisis
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