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Qualcomm considers acquisition of Intel as potential takeover looms
Business

Qualcomm considers acquisition of Intel as potential takeover looms

congodailynews.comSeptember 21, 2024September 21, 2024
Qualcomm has approached Intel for a potential takeover, though no formal offer has been made. The acquisition could be one of the largest in tech history but faces regulatory scrutiny....
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Tech giant Apple's savings account hits $1 billion milestone in record time
Business

Tech giant Apple’s savings account hits $1 billion milestone in record time

congodailynews.comMay 2, 2023May 2, 2023
Apple Inc., the Cupertino-based tech behemoth, has garnered unprecedented attention with the recent launch of its Apple Card Savings Account. The introduction of this financial innovation has seen an impressive inflow of nearly $1 billion...
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Business

CEO of JPMorgan says it is too soon to declare victory over inflation

congodailynews.comFebruary 9, 2023
JPMorgan Chase & Co.‘s CEO Jamie Dimon cautioned against declaring victory too soon against inflation, warning the Federal Reserve might raise interest rates above 5% if prices remain “sticky.” Several Federal Reserve officials said more...
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Business

Large round of layoffs is underway at Goldman Sachs

congodailynews.comJanuary 11, 2023
This week, Goldman Sachs will embark on one of its largest rounds of layoffs since the financial crisis. As part of a restructuring plan, the bank started layoffs on Tuesday that will result in the...
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