Texas Instruments plans to buy US chip company Silicon Labs in a $7.5B deal, paying $231/share in cash, closing in H1 2027; Silicon Labs has a $4.5B market cap (Nick Turner/Bloomberg)

Nick Turner / Bloomberg:
Texas Instruments plans to buy US chip company Silicon Labs in a $7.5B deal, paying $231/share in cash, closing in H1 2027; Silicon Labs has a $4.5B market cap  —  Texas Instruments Inc. has reached an agreeme…

Read More >>

Uber reports Q4 revenue up 20% YoY to $14.4B, Gross Bookings up 22% YoY to $54.1B, trips up 22% YoY to 3.8B, and a $296M profit, below est.; UBER falls 8%+ (Connor Hart/Wall Street Journal)

Connor Hart / Wall Street Journal:
Uber reports Q4 revenue up 20% YoY to $14.4B, Gross Bookings up 22% YoY to $54.1B, trips up 22% YoY to 3.8B, and a $296M profit, below est.; UBER falls 8%+  —  Revenue jumped 20% to $14.37 billion&nb…

Read More >>

Shocking moment giant sinkhole swallows an entire petrol station WHOLE leaving drivers terrified

THIS is the harrowing moment an entire petrol station was “swallowed” by a landslide in Egypt. CCTV footage shows the sudden ground collapse in Cairo that caused a 15-metre deep crater. In the video, the road can be seen slowly sinking before eventuall…

Read More >>