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Page 2 - ஸ்டீபன் வில்மோட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Europe s Most Valuable Tech Company Can Help the Chip Shortage—Heard on the Street

Provided by Dow Jones By Stephen Wilmot Good news for anyone looking for a new car: The microchip industry is mustering faster than expected to solve today s crippling shortages. ASML, which competes with Applied Materials to sell semiconductor-manufacturing gear to the likes of Intel and Taiwan Semiconductor Manufacturing, on Wednesday more than doubled its growth forecast for the year and said it was increasing production capacity for 2022 a reassuring sign for any business that needs chips to make its products and any consumer waiting for them. The stock jumped 4%. The Dutch manufacturer has grown to become Europe s most valuable technology company, with a market value of $257 billion. That compares to just $118 billion for Applied Materials, even though the U.S. company has slightly higher revenue. One reason is ASML s near-monopolistic position in a cutting-edge chip-making technology called extreme ultraviolet (EUV) lithography. Intel

After Universal Music, What Will Vivendi s Encore Be? — Heard on the Street

Provided by Dow Jones By Stephen Wilmot While the pandemic has silenced concert halls around the globe this year, the world s largest music companies have had plenty of excuses to party. The latest is Chinese tech giant Tencent s move to double its 10% stake in Universal Music Group. The deal announced Friday should bolster investor confidence in Vivendi, which will still own the remaining 80% of UMG. The rub is that the French media company s outside shareholders aren t in control of what it does with the cash raised. Vincent Bolloré, the billionaire who steers the company via his family vehicle, has a record of controversial investments.

Love in lockdown after three years at Dogs Trust

Amanda said: “He was a little anxious to be begin with, but eight weeks on, he is a completely different dog to the one we first brought home and within days it felt like he’d always been part of our lives.  “Having Cadbury during this pandemic has been a real blessing – he gives us purpose and we’ve enjoyed getting out into the fresh air with him when there hasn’t been much else to do.”  Dogs Trust rescue dog Cadbury with new owner Stephen WIllmott. - Credit: Dogs Trust Centre manager Elise Watson said there were a few tears when Cadbury left for his final home, adding: Cadbury struggled with various aspects of home life, including people leaving him and fear of other dogs.  

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