VMware-Broadcom Deal Worth $61 Billion Said to Move Ahead as Go-Shop Period Ends

Broadcom $61 billion (nearly Rs. 4.8 lakh crore) deal for VMware will move forward after a rival bidder failed to emerge to break up the deal during its so-called “go-shop” period, according to people familiar with the matter. VMware had until 11:59 PM Pacific time Tuesday (12:29 AM IST Wednesday) to solicit other bids, according…

Supporting news innovation in the Asia Pacific region

News organizations in Asia Pacific are at the forefront of innovation when it comes to connecting with readers and exploring new business models. We’ve seen this first-hand, working with partners across the region and heard great ideas for encouraging a more sustainable news industry. To support this innovation, today we’re pleased to announce the third…