GoPro just avoided bankruptcy with a $285 million rescue deal

As part of the proposed acquisition, GoPro shareholders will receive $285 million in cash, or $1.14 per share, while retaining approximately a 10% stake in the combined company. The merged entity will remain publicly listed on heNasdaq. The $1.14-per-share offer represents nearly double the $0.60 at which GoPro's stock was......

Chip manufacturer CXMT asks Pentagon to remove it from list of Chinese military-linked companies

The Pentagon recently confirmed CXMT's designation as a company directly linked to Beijing's Communist Party military operations, and the chipmaker is now suing the DoD to have this "baseless" classification removed. The semiconductor manufacturer claims its memory products are designed for civilian applications, meaning there should be no need to......