Update 10am: Updates shares, adds deal spread. The deal also needs to be approved by China's Ministry of Foreign Affairs and the State Council, according to the FT. The FT report comes after both ...
Chinese firms using services from U.S. and Israeli vendors told to find local alternatives as tech tensions remain high ...
Update 4:15pm: Updates with closing share prices. VMWare (NYSE:VMW) dropped 7.7% amid a report about China's review of the firm's more than $60 billion sale to Broadcom (NASDAQ:AVGO). Broadcom fell 2% ...
Broadcom Inc.’s acquisition of VMware Inc. is proceeding almost exactly as we expected when the deal was announced in May 2022. Much of the media and competitor narrative is focused on the increased ...