2026-07-17
Mitsubishi Electric weighs power-chip merger with Rohm and Toshiba
Japan’s three biggest power-chip makers want to become one company, and the wiring is proving harder to rearrange than the ambition. Mitsubishi Electric is exploring a combination of its power-semiconductor operations with those of Rohm and Toshiba, according to people familiar with the matter cited by Bloomberg. The talks are part of a wider scramble to […]<br /> This story continues a [...]
2026-07-17
Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks
$188bn is a large number for a company that keeps insisting it is in no rush to go public. That is the valuation Databricks has reached in a new funding round led by Coatue Management, a figure first reported by the Wall Street Journal. The mark sits well above the up-to-$175bn the firm was reportedly in […]<br /> This story continues at The Next Web [...]
2026-07-17
Google’s record EU fine won’t just punish Google. It will quietly shrink what European taxpayers owe Brussels.
Google has finally paid its record EU antitrust fine, and the money is about to do something unexpected. The €4.6bn will flow into the EU’s central budget and reduce what member states owe Brussels, Politico reports. The mechanism is dry, but the effect is real. EU fines are not earmarked for anything, so they simply lower […]<br /> This story continues at The Next Web [...]
