Business

EU probes Broadcom's $61B VMware buy on competition concerns

Computer chip and software maker Broadcom's $61 billion deal to buy cloud technology company VMware is facing scrutiny from European Union regulators who voiced concern Tuesday over potential threats to competition.

Business

Frustrated virtual reality pioneer leaves Facebook's parent

A prominent video game creator who helped lead Facebook's expansion into virtual reality has resigned from the social networking service's corporate parent after becoming disillusioned with the way the technology is being ...

Business

US places Chinese chipmakers on trade blacklist

The US Commerce Department on Thursday blacklisted 36 Chinese companies including top producers of advanced computer chips, severely restricting their access to American technology.

Business

Japan, Belgium to cooperate in chip production, development

A newly founded Japanese semiconductor company aiming to revive Japan's chip industry signed an agreement on Tuesday to collaborate with a Belgian research organization in developing next-generation chips for production in ...

Business

Alibaba posts loss, slower revenue amid lower consumption

Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.

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