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WSJ Tech News Briefing

TNB Tech Minute: Qualcomm Approaches Intel With Takeover Bid

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 20 September 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Nokia says a German court ruled in its favor in a patent dispute with Amazon. And the Three Mile Island nuclear plant will reopen to help power Microsoft’s AI data centers. Zoe Thomas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Ecolab water for climate, less water, more growth.

0:04.0

Results will vary.

0:06.0

Learn more at Ecolab.com slash Ewc.

0:09.0

Ecolab water for climate, transforming the way the world thinks about water. Water for

0:15.0

Friday, September 20th.

0:17.0

Here is your TMB Tech Minute for Friday, September 20th.

0:21.0

I'm Zoe Thomas for the Wall Street Journal. We exclusively report Chippmaker

0:26.1

Qualcomm has approached rival Intel with a takeover bid in recent days. That's

0:31.3

according to people familiar with the matter, who caution that a deal is

0:34.4

far from certain. And even if Intel is receptive, a deal between the Chip Giants is likely to

0:40.2

attract antitrust scrutiny. The approach comes as Intel has been suffering

0:44.7

through one of the most significant crises in its five-decade history and has

0:49.3

seen its shares drop roughly 60% so far this year.

0:54.0

Nokia says a German court has ruled in its favor in a dispute against Amazon.

0:59.3

Nokia claimed Amazon was using its patented video-related technologies in Prime Video and

1:05.4

Amazon streaming devices without a license.

1:09.2

An Amazon spokesperson said the company disagreed with the court's decision but said the ruling

1:13.8

won't affect existing customers. And Constellation Energy and Microsoft have reached a

1:20.0

deal to restart Pennsylvania's 3 Mile Island nuclear plant to help power

1:25.0

Microsoft's growing artificial intelligence ambitions. 3 Mile Island is the

1:30.0

site of the US's worst nuclear power accident. And Constellation expects to spend around

1:35.1

1.6 billion dollars reviving the plant's undamaged reactor by 2028.

...

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