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Real-time News
February 10th - According to TrendForces latest high-speed interconnect market research, to meet the massive computing demands of AI, Googles next-generation Ironwood rack system combines 3D Torus network topology and Apollo OCS all-optical network to achieve a high-speed interconnect architecture. This will boost the global shipment share of high-speed optical transceiver modules above 800G, which is estimated to rise from 19.5% in 2024 to over 60% in 2026, and gradually become standard equipment in AI data centers.French President Macron: Plans to make Europe more sovereign are not progressing fast enough.The yield on 20-year Japanese government bonds fell 5.0 basis points to 3.115%.February 10th - Taiwan Semiconductor Manufacturing Company (TSM.N) reported record-high revenue in January, reflecting that chip orders for the global tech giant have not been reduced despite concerns about a potential bubble in the artificial intelligence sector. The companys January revenue reached NT$401.26 billion (approximately US$12.71 billion), a 37% year-on-year increase, setting a new record. Previously, investors worried about cooling AI demand, as TSMCs monthly revenue growth had slowed in recent months, with Octobers growth at only 16.9%, the slowest pace since February 2024. These concerns are expected to ease with the rebound in monthly revenue momentum and its record-breaking 2026 capital expenditure plan. Previously, based on strong fourth-quarter results, TSMC increased its 2026 capital expenditure plan to US$52 billion to US$56 billion, a 27%-37% increase year-on-year. The company also expects revenue to grow by approximately 30% in 2026, following a 32% increase in 2025.The yield on 40-year Japanese government bonds fell 8.0 basis points to 3.735%.

Twitter Shares Fall as Musk's $44 Billion Take-Private Deal Faces "Serious Danger"

Charlie Brooks

Jul 08, 2022 11:08


During Thursday's after-hours trade, it was reported that Twitter's $44 billion take-private plan with Elon Musk is in "serious danger" as a result of Musk's decision to pull back fundraising efforts owing to continuous worries over spam accounts.


After-hours trading for Twitter Inc (NYSE:TWTR) declined by more than 3 percent following the news.d


According to unnamed sources cited by the Washington Post, Musk and his team suspended fundraising efforts for the acquisition after concluding that Twitter's data on spam accounts are unverifiable.


Twitter has stated that it deletes over 1 million spam accounts everyday and believes that bot accounts account for less than 5% of its user base. In an attempt to allay Musk's concerns, the social media behemoth has recently disclosed a plethora of data, but Musk's team remains skeptical and believes "they do not have enough information to analyze Twitter's financial prospects," according to a report citing sources.



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