Intel Buys Israeli Tech Company, Mobileye, at $15.3 Billion, Among Other News
On the episode of ‘Globex‘ for LoveWorld News featured in the video above, your host, Yvonne de Graaf, covers updates in business, economics and politics from the United Kingdom, Israel, Turkey, the United States and South Korea.
The journey to triggering the highly controversial Brexit outcome made some progress as Parliament approved related legislation enabling the Prime Minister to commence negotiations. Rather early to draw conclusions, but the British people are already recording an increase in prices of items at the supermarket and some impact to the value of the Pound.
In the same week, Intel announced the largest acquisition in Israel’s history, paying $15.3 billion for tech company, Mobileye, in an effort to expand into self-driving tech. The last purchase of an Israeli company of close magnitude was Google’s acquisition of the social navigation company, Waze, in 2013, at $1.3 billion.
All of these and news about Samsung South Korea’s detained Chief, Lee Jae-Yong, and Turkish President’s comments about the Netherland’s barring of Turkish politicking in Rotterdam in the featured video.
Remember to catch ‘Globex’ on the LoveWorldTV iOS and Android apps, online at www.loveworldtv.co.uk and LIVE on the station every Tuesday at 11:30am BST.