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Chipmaker’s biggest-ever deal triggers brutal sell-off

ON Semiconductor Corporation (ON) just made the biggest bet in its corporate history. On Thursday, June 25, the Scottsdale-based chipmaker announced a $7 billion all-stock agreement to acquire Synaptics Incorporated (SYNA).  This is the company’s biggest transaction to date.  CEO Hassane El-Khoury described the deal as a move into “physical AI,” which represents AI embedded

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Uber changes key rule for drivers amid rider safety lawsuits

Uber’s business depends on a simple but fragile exchange of trust. A customer opens an app, confirms a name and license plate, and gets into a stranger’s car. This routine has become normal for millions of riders heading to airports, restaurants, offices, hotels, concerts, and home after nights out.  But the entire transaction depends on

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