The Latest Breaking News from OTC

Over The Cap finalized their compensatory draft pick projections for 2024, with good news for the New Orleans Saints:

Broncos could save $48M in cap space with simple restructures

Alibaba Group Holding Ltd (NYSE:BABA) owned Alibaba Cloud initiated a new round of organizational restructuring, the Pandaily reports. Alibaba Cloud China President Ren Geng resigned for undisclosed reasons. Geng looked to leave as early as 2021 but stayed back.  Also Read: Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides…

According to an independent expert, Woodside Petroleum Ltd's (OTC: WOPEY) merger agreement with BHP Group Ltd's (NYSE: BHP) petroleum arm is in the best interest of its shareholders, valuing the c

JPMorgan Chase & Co (NYSE:JPM) advised Africa’s leading phone company MTN Group Ltd (OTC:MTNOY), on the planned spin-off of its financial technology business, Bloomberg reports. The fintech arm was worth $6 billion in 2021, Bloomberg noted. MTN looked to complete a carveout of the business by the end of the first half before seeking…

Time announced this week its annual 100 Most Influential Companies list. Here’s a look at the publicly traded companies that made the list.

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) and Samsung Electronics Co Ltd (OTC:SSNLF) urged to participate in the $52 billion chip building federal program, Bloomberg reports. The world's top two contract chipmakers looked to spend billions of dollars building new cutting-edge plants in the U.S.  TSMC argued that arbitrary favoritism based on the location of a company's…

Russia’s war in Ukraine could hamper the production of neon, a critical gas in advanced semiconductor manufacturing, further aggravating the semiconductor chip crisis, CNBC reports. Neon is fundamental for the lasers in a chip production process known as lithography, very vital for Samsung Electronics Co Ltd (OTC:SSNLF), Intel Corp (NASDAQ:INTC), and Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM).…

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) saw orders for automotive electronics chips accelerating at a faster-than-expected pace, Digi Times reports. TSMC's advanced technology leadership will likely attract an influx of AI chip orders for autonomous driving from vendors including NVIDIA Corp (NASDAQ:NVDA), Qualcomm Inc (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), and Tesla Inc (NASDAQ:TSLA).  TSMC commanded a more than 90% share of the 7/5nm…