Wingtech says it will 'exhaust all legal means' to restore Nexperia control
BEIJING, Feb 11 (Reuters) - Chipmaker Nexperia's Chinese owner Wingtech on Wednesday said it would continue to "exhaust all legal means to restore the company's full control over Nexperia," according to a filing to the Shanghai stock exchange.
Humanoid startup Apptronik raises $520 million with backing from Google and Mercedes-Benz
Feb 11 (Reuters) - Humanoid robotics startup Apptronik raised $520 million in a funding round backed by investors including Google and Mercedes-Benz, the company said on Wednesday, as it seeks to commercialize its robots for industrial use.
Brazilian fintech Agibank raises $240 million in scaled-back US IPO
SAO PAULO, Feb 11 (Reuters) - Agibank said on Wednesday it had raised $240 million in its New York initial public offering, the second Brazilian fintech to tap U.S. capital markets in recent weeks.
GlobalFoundries expects strong quarterly revenue on chips demand from data centers
Feb 11 (Reuters) - GlobalFoundries forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and announced a $500 million share buyback program, sending its shares up over 7% in premarket trading.
T-Mobile boosts 2027 outlook on strong premium plan uptake
Feb 11 (Reuters) - T-Mobile raised its forecast for 2027 service revenue and adjusted free cash flow, encouraged by rising demand for its broadband offerings and premium 5G mobile plans that include streaming perks.
Shopify issues upbeat quarterly forecasts, $2 billion stock buyback plan
Feb 11 (Reuters) - Canada's Shopify forecast quarterly revenue well above Wall Street expectations on Wednesday, as the e-commerce platform benefits from increased focus on artificial intelligence, and resilient consumer spending despite tariff woes and rising prices.
Activist investor Ancora to oppose Netflix-Warner Bros deal, backs Paramount bid
Feb 11 (Reuters) - Activist investor Ancora Holdings has built a stake in Warner Bros Discovery and plans to oppose the media company's deal with Netflix for its studios and streaming assets, in the latest twist to the heated Hollywood takeover battle.
Dutch court orders investigation into Nexperia, upholds previous decisions including Chinese CEO suspension
AMSTERDAM, Feb 11 (Reuters) - A Dutch court on Wednesday ordered an investigation into mismanagement at chipmaker Nexperia BV and upheld an October decision to suspend former CEO Zhang Xuezheng, the founder of Nexperia's Chinese parent Wingtech, saying the company needs stability.
Instagram's leader to testify in court on app design, youth mental health
Feb 11 (Reuters) - Instagram's leader is set to face questions in court for the first time on Wednesday about whether the Meta-owned app's design is fueling a youth mental health crisis.
Amazon Pharmacy to expand same-day delivery to about 4,500 US cities and towns
Feb 11 (Reuters) - Amazon's pharmacy business will expand its same-day delivery prescription service to about 4,500 cities and towns in the U.S. by the end of this year, adding nearly 2,000 new communities to the network.
