Taiwan Semiconductor Manufacturing Co., one of the world’s largest chipmakers, could announce as early as Friday a deal to build a factory in Arizona, The Wall Street Journal and others reported. Although TSMC has been evaluating a U.S. plant for a while, it wasn’t clear whether the factory was green-lit and where in the U.S. it would be located. The cost of building and operating a factory...
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The Briefing Startups Google
When Antitrust Opposition Boosts Value: The Information’s Tech Briefing
Sometimes, the government is here to help. The Justice Department’s antitrust lawsuit that killed Visa’s acquisition of Plaid promises to become a windfall for shareholders in the fintech startup, as The Information reported today. Visa had agreed to pay $5.3 billion for Plaid, but there’s now investor interest in the company at a valuation of $15 billion or more. The episode...
Google Threatens to Pull Out of Search in Australia
Chinese EV Maker Aiways Seeks $2 Billion Valuation in New Fundraising
Alphabet to Wind Down Troubled Internet Balloon Subsidiary ‘Loon’
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