Intel buys Habana Labs for $2B

Source: Dukascopy Bank SA
Intel acquired Israel-based AI company Habana Labs for nearly $2B, the chipmaker stated, aiming to strengthen its data-centre business.
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Mon, 16 Dec 2019 19:35:00 GMT

H&M sales jump 9% in Q4

Fashion retailer H&M stated that sales rose 9% to around $6.41B in Q4, putting it over course to increase profits for the first time in the four-year period.

Mon, 16 Dec 2019 16:41:26 GMT

WPX Energy to buy Felix for $2.5B

The US oil and gas producer WPX Energy announced that it would buy Felix Energy, the operator in the Delaware Basin, for $2.5B.

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