Intel Scraps Tower Deal, Tencent Falls After Earnings

16/08/2023 41 min
Intel Scraps Tower Deal, Tencent Falls After Earnings

Listen "Intel Scraps Tower Deal, Tencent Falls After Earnings"

Episode Synopsis

Bloomberg's Ed Ludlow and Caroline Hyde discuss the implications of Intel and Tower Semiconductor scrapping their $5.4 billion deal. Plus, they recap Tencent's earnings and what is says about China's technology sector. And, cryptocurrency company BitGo inks a $1.75 billion valuation after raising $100 million in its Series C funding round.  See omnystudio.com/listener for privacy information.