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Apple buys Intel smartphone modem business for USD 1 billion

2019-07-26 07:59:00| Telecompaper Headlines

(Telecompaper) Intel has confirmed an agreement to sell the majority of its smartphone modem business to Apple for USD 1 billion. Around 2,200 employees will transfer to Apple, along with intellectual property, equipment and leases. The deal is expected to close in the fourth quarter, subject to regulatory approvals and other customary conditions. 

Tags: business usd apple intel

 

Total Plans $5 Billion In Asset Sales As Second-Quarter Profit Falls

2019-07-25 12:06:13| OGI

Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on low breakeven projects that can weather weak oil prices, it said on July 25.

Tags: total sales plans falls

 
 

TechnipFMC Wins $7.6 Billion Contract For Arctic LNG-2 Project

2019-07-24 15:35:41| OGI

Oil services company TechnipFMC won a $7.6 billion contract with Russias Novatek and its partners for the Arctic 2 LNG project in western Siberia, pushing TechnipFMCs shares higher.

Tags: project contract billion wins

 

Virtual Assistant shipments to exceed 2.3 billion in 2023

2019-07-22 17:00:47| Digital TV News

The market for virtual assistants (VAs) shows strong positive momentum, driven forward by a combination of rising consumer demand and improvements in the enabling technologies, according to Futuresource Consulting.

Tags: virtual assistant billion exceed

 

Venture Global Secures Binding Commitments Over $10 billion For $5.8 billion Calcasieu Pass LNG Construction Financing

2019-07-19 15:53:22| OGI

The proceeds of the construction financing, along with the equity investment from Stonepeak Infrastructure Partners, will fund the construction and commissioning of the Calcasieu Pass facility and the associated TransCameron pipeline.

Tags: global construction pass binding

 

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