Technology, Media & Telecommunications Headlines

Trump's social media deal ignites 350% gain in SPAC's shares

(Reuters) -Former U.S. President Donald Trump's deal to create a social media app after Twitter Inc and Facebook Inc barred him won an exuberant endorsement from investors, with shares in a shell company backing the plan closing up more than 350% on Thursday after rising more than 400% earlier in the day.

Intel, SiFive end talks without deal - Bloomberg News

Intel Corp's talks with SiFive Inc have ended without a deal and the chip designer startup will look for outside investment instead, Bloomberg News reported on Thursday, citing people with knowledge of the matter.

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