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On March 29, Fars News Agency and other Iranian media reported that the Iranian Islamic Revolutionary Guard Corps launched missiles and drones to strike two companies in the Middle East that are linked to the US military and aerospace industry.March 29th - According to the "2026 China Toy and Juvenile Products Industry Development White Paper" recently released by the China Toy and Juvenile Products Association, in 2025, the total retail sales of toys (excluding trendy toys) in the domestic market reached 103.53 billion yuan, a year-on-year increase of 5.8%; the total retail sales of trendy and collectible toys reached 67.69 billion yuan, a year-on-year increase of 45.4%.March 29 – Chevron (CVX.N) stated that its Whitstone gas facility in Australia has been damaged by a storm, impacting its restart efforts. Tropical Cyclone Narrele disrupted normal operations at mining and liquefied natural gas facilities along Australias northern and western coasts over the past week. In a statement, Chevron said, "The Whitstone gas facility near Onslow has suffered equipment damage due to severe weather, affecting restart efforts." The company added that it will take "several weeks" for the Whitstone facility to return to full production.On March 29, Iran released satellite images showing the destruction of a US E-3 early warning aircraft. The Iranian Islamic Revolutionary Guard Corps issued a statement on the 29th, claiming that an E-3 early warning aircraft at the Prince Sultan Air Base in Saudi Arabia had been completely destroyed. Other nearby aircraft also suffered severe damage. According to Iranian sources, the Prince Sultan Air Base in Saudi Arabia was recently attacked by Iranian missiles and drones, and one US E-3 early warning aircraft was damaged in the attack.RIA Novosti: Russia claims it has occupied the village of Kivsharivka in Kharkiv Oblast, Ukraine.

Broadcom Is in Discussions to Acquire VMware

Aria Thomas

May 23, 2022 09:50

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People familiar with the subject told Reuters that chipmaker Broadcom (NASDAQ:AVGO) Inc is in talks to acquire cloud service provider VMware (NYSE:VMW) Inc.


According to the sources, negotiations between Broadcom and VMware are ongoing and a deal is not imminent. The terms of the proposed transaction could not be discovered.


The acquisition will diversify Broadcom's business away from semiconductors and into enterprise software, following its $18.9 billion acquisition of CA Technologies and its $10.7 billion acquisition of Symantec (NASDAQ:NLOK) Corp's security division over the past four years.


The deal was initially revealed by Bloomberg News on Sunday night. Broadcom and VMware did not reply immediately to requests for comment from Reuters. As of market closure on Friday, VMware had a market capitalization of $40.3 billion.


According to Refinitiv statistics, Michael Dell is VMware's largest investor with a 40 percent ownership as a result of Dell Technologies (NYSE:DELL) Inc spinning off VMWare to its shareholders last year.


Silver Lake, a private equity firm that has previously invested in Broadcom, is VMware's second largest stakeholder with a 10 percent stake, according to Refinitiv data.

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