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German chip maker Infineon agrees to US security concessions for $8.7b deal

Bloomberg German chip maker Infineon Technologies AG agreed to national security concessions to resolve US concerns about its takeover of Cypress Semiconductor Corp. The $8.7 billion deal was facing resistance from a secretive government panel that reviews foreign investments in US companies, but was ultimately cleared with agreed-upon measures that are intended to protect national security. The work of the ...

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Gates exits Microsoft board, capping years of radical change

Bloomberg It’s truly the end of the old Microsoft Corp. Co-founder and original Chief Executive Officer Bill Gates, the man most closely identified with the world’s largest software maker, said he will leave the company’s board to devote more time to his charitable foundation, which is playing a key role in global health initiatives and expanding into new areas like ...

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President Trump tests negative for coronavirus: White House

Bloomberg President Donald Trump has tested negative for the novel coronavirus, according to a memorandum released by the president’s physician. “One week after having dinner with the Brazilian delegation in Mar-a-Lago, the President remains symptom-free,” Dr Sean Conley said in the memo. “We are encouraging the implementation of all their best practices for exposure reduction and transmission mitigation,” Conley said. ...

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