12B

Business

Suncor Energy selling North Sea offshore assets in deal valued at $1.2B

[ad_1] CALGARY – Suncor Energy Inc. has taken another step toward streamlining its business, signing a deal to sell…

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Business

TD Bank agrees to pay $1.2B US to settle lawsuit related to U.S. Ponzi schemer Allen Stanford | CBC News

[ad_1] TD Bank Group says it will pay $1.205 billion US to settle a lawsuit in connection with a multi-year…

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Technology

Flipkart no longer owns a stake in PhonePe, the two companies say; source: PhonePe is in talks to raise $1.5B at a pre-money valuation of $12B (Manish Singh/TechCrunch)

[ad_1] Manish Singh / TechCrunch: Flipkart no longer owns a stake in PhonePe, the two companies say; source: PhonePe is…

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USA

Pentagon awards Raytheon $1.2B bid to supply Ukraine with advanced surface-to-air missile systems

[ad_1] The U.S. Army awarded a $1.2 billion contract to Raytheon Co., to help Ukraine bolster its air defenses by…

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Technology

Sources: TSMC will make advanced 4nm chips when its ~$12B Arizona plant opens in 2024, an upgrade to prior 5nm claims, at the urging of Apple, AMD, and others (Bloomberg)

[ad_1] Bloomberg: Sources: TSMC will make advanced 4nm chips when its ~$12B Arizona plant opens in 2024, an upgrade to…

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Technology

Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed to the top 50 creditors; Alameda's reserves are largest at ~$393M (Eliza Gkritsi/CoinDesk)

[ad_1] Eliza Gkritsi / CoinDesk: Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed…

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Technology

Foxconn reports Q3 revenue up 24% YoY to ~$54.8B, net income up 5% YoY to ~$1.2B but below estimates, and warns consumer electronics revenue will fall in Q4 (Bloomberg)

[ad_1] Bloomberg: Foxconn reports Q3 revenue up 24% YoY to ~$54.8B, net income up 5% YoY to ~$1.2B but below…

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Technology

Sources: TSMC plans to announce a second chipmaking factory north of Phoenix, Arizona, in the coming months, investing roughly $12B and aiming to make 3nm chips (Wall Street Journal)

[ad_1] Wall Street Journal: Sources: TSMC plans to announce a second chipmaking factory north of Phoenix, Arizona, in the coming…

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Los Angeles

Feeling Lucky? Tonight’s Powerball Jackpot is $1.2B

[ad_1] After 38 drawings without a big winner, the Powerball jackpot is up to a near-record-breaking $1.2 billion. The next…

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Technology

FinCEN: US financial institutions processed ~$1.2B in likely ransomware payments in 2021, up ~3x YoY; ~75% of ransomware incidents in H2 2021 were Russia-linked (Chelsey Cox/CNBC)

[ad_1] Chelsey Cox / CNBC: FinCEN: US financial institutions processed ~$1.2B in likely ransomware payments in 2021, up ~3x YoY;…

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