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Ayanti Bera

From left-for-dead to the next 'hot brand', short seller changes view on GameStop

Feb 25 2021

The battle for videogame retailer GameStop’s future took a new twist on Thursday when a prominent investor suggested that the company, which has been at the center of a recent stock trading frenzy, should buy online gambling firm Esports Entertainment Group.

UPDATE 3-From left-for-dead to the next 'hot brand', short seller changes view on GameStop

Feb 25 2021

Feb 25 The battle for videogame retailer GameStop’s future took a new twist on Thursday when a prominent investor suggested that the company, which has been at the center of a recent stock trading frenzy, should buy online gambling firm Esports Entertainment Group.

Sensor maker Velodyne removes founder from chairman post, wife claims 'ambush'

Feb 22 2021

Sensor maker Velodyne Lidar Inc said on Monday it had removed founder David Hall as chairman and his wife Marta Thoma Hall as marketing chief for a lack of honesty, a charge Marta Hall said the couple was not allowed to rebut in a board meeting she described as an "ambush."

Optical components maker II-VI jumps into fray for Coherent with $6.4 billion bid

Feb 12 2021

Optical components maker II-VI Inc has offered to buy laser maker Coherent for about $6.4 billion, entering a bidding war for a larger share of a market tipped to benefit from rising adoption of 5G networks and consumer electronics.

Zynga forecasts strong bookings for 2021 on 'Harry Potter' game boost

Feb 10 2021

Zynga Inc on Wednesday forecast annual net bookings above Wall Street estimates, betting on the launch of its upcoming "FarmVille" game and strong in-game spending in its existing titles such as "Harry Potter: Puzzles & Spells."

EA hikes annual sales outlook as lockdown boost for videogames continues

Feb 02 2021

Electronic Arts Inc on Tuesday raised its annual sales outlook, betting on strong sales of its sports titles including "FIFA 21" and "Madden NFL 21" as more people turn to videogames to keep themselves entertained during COVID-19 lockdowns.

Intel avoids outsourcing embrace, investigates hack of results

Jan 21 2021

The incoming chief executive of Intel Corp said on Thursday that most of the company's 2023 products will be made in Intel factories but he sketched a dual-track future in which it will lean more heavily on outside factories.

Nvidia shares dip on predicted decline in data center sales

Nov 18 2020

Nvidia Corp shares declined nearly 3% on Wednesday after company executives said data center chip sales would fall slightly in the fourth quarter.

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