INSIDER
A $5.4 billion international chip deal with Intel is off after greenlight from China never arrives
Read full article: A $5.4 billion international chip deal with Intel is off after greenlight from China never arrivesIntel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations.
Intel says it will buy Tower Semiconductor for $5.4 billion
Read full article: Intel says it will buy Tower Semiconductor for $5.4 billionIntel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.
Churchill painting owned by Angelina Jolie sells for $11.5M
Read full article: Churchill painting owned by Angelina Jolie sells for $11.5MThe Moroccan landscape painted by Winston Churchill and owned by Angelina Jolie sold at auction on Monday March 1, 2021, for more than $11.5 million, smashing the previous record for a work by Britains World War II leader. (AP Photo/Frank Augstein, File)LONDON – A Moroccan landscape painted by Winston Churchill and owned by Angelina Jolie sold at auction on Monday for more than $11.5 million, smashing the previous record for a work by Britain’s World War II leader. The pre-sale estimate was 1.5 million pounds to 2.5 million pounds, and the previous record price for a Churchill painting was just under 1.8 million pounds. Churchill gave the painting to Roosevelt as a memento of the trip. The painting was sold by the Jolie Family Collection.
Angelina Jolie sells painting Churchill gave as gift to FDR
Read full article: Angelina Jolie sells painting Churchill gave as gift to FDR(AP Photo/Kirsty Wigglesworth)LONDON – A painting by Winston Churchill that is a piece of both political and Hollywood history is coming up for auction. He painted it after the January 1943 Casablanca Conference, where Churchill and Roosevelt planned the defeat of Nazi Germany. He said Churchill captured the view in the “wonderful, evocative painting” and gave it to Roosevelt as a memento of the trip. AdThe painting is being sold by the Jolie Family Collection as part of Christie’s March 1 modern British art auction in London. “The record price at auction for Churchill is about 1.8 million (pounds) for a painting that, in my view, is not as important as this,” he said.