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Qualcomm Gives Solid Outlook in Sign of Smartphone Recovery
Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a solid forecast for the current period, suggesting that handset demand continues to recover.
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Take-Two Interactive Shuts Down Two Game Studios
Seattle’s Intercept Games and London’s Roll7 will be closed.
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Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears
Credit traders took some comfort in Federal Reserve Chair Jerome Powell’s assurances that the central bank isn’t planning to lift interest rates further, sending a gauge for fear of corporate defaults to lower levels.
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China Launches Rockets From Sea in Bid to Win the Space Race
Offshore launches can improve takeoff positioning and save money on transporting rockets, but there are logistical challenges.
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Lockheed-Boeing Alliance Told It Must Launch More US Satellites
The Lockheed Martin Corp.-Boeing Co. joint venture that competes with Elon Musk’s SpaceX to launch the US’s most sensitive satellites needs to pick up its pace as the Air Force is trying to certify its newest rocket as mission-ready, according to the service’s top acquisition official.
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Here’s What We Learned From Fed Rate Decision, Powell Briefing
Here are the key takeaways from the Federal Open Market Committee’s interest-rate decision and Federal Reserve Chair Jerome Powell’s news conference Wednesday:
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Exxon Set to Win FTC Approval for Pioneer Deal With Settlement
The US Federal Trade Commission is poised to greenlight Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. after the companies agreed to minor concessions, according to people familiar with the matter.
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Viking IPO Crowns April Best Month for US Debuts Since September
The US initial public offerings market capped its biggest month since September, with a widening scope of deals inspiring measured optimism that the recovery has momentum.
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Kerbal Space Program 2 Studio Apparently Shuttered Amid Layoffs, Take-Two Responds
Kerbal Space Program 2 developer Intercept Games appears to be shuttered. Take-Two Interactive filed a layoff and closure announcement in the same state where the studio is located.
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Bitcoin’s Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says
The new project would build off the much-discussed “BitVM” design released last year by developer Robin Linus, which has kindled hopes that the oldest and largest blockchain could eventually see Ethereum-style programmable layer-2 networks.
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