28B

Technology

NRG Energy agrees to buy Utah-based Vivint, which sells smart thermostats, locks, lights, and more, for $2.8B in cash, a ~33% premium on Monday's closing price (Rakteem Katakey/Bloomberg)

[ad_1] Rakteem Katakey / Bloomberg: NRG Energy agrees to buy Utah-based Vivint, which sells smart thermostats, locks, lights, and more,…

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Sources: Genesis Global has $2.8B in outstanding loans, including ~30% of its lending made to related parties like its parent company DCG (Bloomberg)

[ad_1] Bloomberg: Sources: Genesis Global has $2.8B in outstanding loans, including ~30% of its lending made to related parties like…

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Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second Vision Fund is close to zero, down from $2.8B in 2021 (Financial Times)

[ad_1] Financial Times: Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second…

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Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected (Nelson Wang/CoinDesk)

[ad_1] Nelson Wang / CoinDesk: Genesis’ crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and…

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An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022 (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs…

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Sources: Sea, whose market cap has gone from $200B+ to ~$28B since Oct. 2021, shuts some Latin American operations and cuts hundreds of gaming jobs in Shanghai (Reuters)

[ad_1] Reuters: Sources: Sea, whose market cap has gone from $200B+ to ~$28B since Oct. 2021, shuts some Latin American…

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The US Commerce Department releases its plan for the $50B CHIPS Act: $28B for grants and loans, $10B for expanded manufacturing, and $11B for R&D (Ana Swanson/New York Times)

[ad_1] Ana Swanson / New York Times: The US Commerce Department releases its plan for the $50B CHIPS Act: $28B…

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AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up 33% YoY, and $2.5B from Enterprise, Embedded and Semi-Custom, up 88% YoY (Kif Leswing/CNBC)

[ad_1] Kif Leswing / CNBC: AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up…

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