IBM said Tuesday it is selling The Weather Company assets, including The Weather Channel mobile app and Weather.com, to private equity firm Francisco Partners for an undisclosed amount. The Wall Street Journal had reported in April that the business could fetch more than $1 billion. Francisco Partners plans to expand the business beyond weather forecasting and into the health and wellness...
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Google’s Standoff with AI Chip 'Shark' Broadcom
Jim Cramer, CNBC’s “Mad Money” host, took a swipe at our report today that Google has set an internal goal to break from Broadcom, its supplier of artificial intelligence chips. Cramer called the story “patently false” on X. Cramer, who has been particularly bullish on Broadcom lately, is often criticized for dispensing bad advice—for example, telling his viewers earlier this year to buy shares...
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