Channel NewsAsia


28 Mar 2015 08:25

Intel in talks to buy Altera, shares of firms surge

Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top US$10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.

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Judge tosses Viacom copyright suit against YouTube

A US judge dismissed for the second time Thursday a billion-dollar lawsuit by entertainment giant Viacom accusing Google-owned website YouTube of knowingly profiting from pirated video clips.