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09:35
Hyundai Motor Group plans to acquire SoftBank's remaining stake in Boston Dynamics for $325 million
BlockBeats news, on June 19, according to Korea's Daily Economic News on Friday, Hyundai Motor Group plans to acquire SoftBank Group's remaining 9.65% stake in Boston Dynamics for $325 million, making the American robotics company its wholly owned subsidiary. Hyundai Motor is expected to hold a board meeting on June 22 to approve the acquisition. The report cited unnamed industry sources. SoftBank has notified Hyundai Motor of its intention to exercise the "put option" agreed upon during the previous sale of Boston Dynamics shares, in order to sell its remaining stake.
09:21
Spot platinum has just broken through the $1680.00/oz mark, last trading at $1679.59/oz, down 0.95% on the day; the main contract of Nymex platinum futures is last quoted at $1682.0/oz, down 1.48% on the day.
Spot platinum has just broken through the $1,680.00/oz mark, now quoted at $1,679.59/oz, down 0.95% on the day; Nymex platinum futures main contract last quoted at $1,682.0/oz, down 1.48% on the day;
09:17
Apple partners with Intel to develop chips? Analysts: This means a "huge opportunity" for Intel and comes at a "perfect time" for Apple
Glonghui, June 19|On June 18 local time, US President Trump announced on social media that Intel will cooperate with Apple to design chips domestically in the United States. Currently, the two companies have not yet made an official comment on this matter. Ives, Managing Director and Senior Analyst at US investment bank Wedbush Securities, stated that this deal represents a “huge opportunity” for Intel and is also “timely” for Apple. “As Apple moves into a three- to four-year device upgrade cycle driven by AI, manufacturing (chips) for Apple in the US presents a tremendous opportunity for Intel,” he wrote. “With AI chip developers continually increasing demand for advanced chips, Apple is seeking to diversify its supply chain and reduce its dependence on its main overseas supplier, TSMC.”
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