36B

Technology

Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M (Bloomberg)

[ad_1] Bloomberg: Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch…

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Business

Biden releasing nearly $36B to aid pensions of union workers

[ad_1] President Joe Biden’s administration on Thursday announced the infusion of nearly $36 billion to shore up a financially troubled…

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Technology

TSMC cuts its 2022 capital spending target by ~10%, expecting to spend ~$36B on equipment, down from a prior $40B+ estimate, suggesting a deeper tech downturn (Debby Wu/Bloomberg)

[ad_1] Debby Wu / Bloomberg: TSMC cuts its 2022 capital spending target by ~10%, expecting to spend ~$36B on equipment,…

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Technology

Oracle reports Q1 revenue up 18% YoY to $11.4B; total cloud revenue was up 45% YoY to $3.6B, and health data provider Cerner, acquired in June, generated $1.4B (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Oracle reports Q1 revenue up 18% YoY to $11.4B; total cloud revenue was up 45%…

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Technology

Venture Intelligence: Indian startups raised 18 $100M+ funding rounds totaling $3.6B in Q2 2022, down from 29 such rounds worth a total of $6.7B in Q1 2022 (The Economic Times)

[ad_1] The Economic Times: Venture Intelligence: Indian startups raised 18 $100M+ funding rounds totaling $3.6B in Q2 2022, down from…

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Business

Royal Bank profit dips to $3.6B as bank set aside to cover bad loans | CBC News

[ad_1] Royal Bank of Canada reported its third-quarter profit fell compared with a year ago as it took provisions for…

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Technology

Dealogic: July 2022 was the first month in five years that no new SPACs raised money, after SPAC IPOs peaked in March 2021 with over $36B raised (Wall Street Journal)

[ad_1] Wall Street Journal: Dealogic: July 2022 was the first month in five years that no new SPACs raised money,…

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Technology

SpotOn, which provides payment and management services to SMBs in retail, food, and hospitality, raises a $300M Series F led by Dragoneer at a $3.6B valuation (Mary Ann Azevedo/TechCrunch)

[ad_1] Mary Ann Azevedo / TechCrunch: SpotOn, which provides payment and management services to SMBs in retail, food, and hospitality,…

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Technology

The DOJ’s $3.6B Seizure Shows How Hard It Is to Launder Crypto

[ad_1] On Tuesday, Ilya Lichtenstein and Heather Morgan were arrested in New York and accused of laundering a record $4.5…

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Video Games

Sony acquiring Bungie, creators of Destiny, in $3.6B deal

[ad_1] Sony is buying Bungie, the developer of Destiny 2 and the studio that originally created Halo, in a deal…

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