Photo: Sam Yeh/AFP via Getty Images

AMD is in advanced talks to acquire rival chip company Xilinx in a deal that would value the latter at more than $30 billion, according to the Wall Street Journal.

Why it's the BFD: This is the latest in a string of notable semiconductor deals, including Nvidia's recent agreement to acquire ARM from SoftBank for $40 billion.

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Ben Geman, author of Generate
Oct 14, 2020 - Economy & Business

BlackRock invests $118 million in U.K. electric vehicle startup Arrival

Image courtesy of Arrival

Arrival, the U.K.-based electric van and bus company, said Wednesday that BlackRock-managed funds are investing $118 million to help fuel its expansion, including plans to build a factory in South Carolina, as first reported by The Wall Street Journal.

Why it matters: It's the latest sign of money pouring into electric vehicle startups.

Updated 9 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: The swing states where the pandemic is raging — Pence no longer expected to attend Barrett confirmation vote after COVID exposure.
  2. Health: 13 states set single-day case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. Business: Where stimulus is needed most.
  4. Education: The dangerous instability of school re-openings.
  5. World: Restrictions grow across Europe.
  6. Media: Fox News president and several hosts advised to quarantine.
Dave Lawler, author of World
35 mins ago - World

U.S.-brokered ceasefire collapses in Nagorno-Karabakh

Volunteer fighters in Stepanakert, the capital of Nagorno-Karabakh. Photo: Aris Messinis/AFP via Getty Images

A U.S.-brokered ceasefire between Armenia and Azerbaijan in the disputed territory of Nagorno-Karabakh crumbled within hours on Monday, leaving the month-old war rumbling on.

Why it matters: Nearly 5,000 people have been killed, according to Vladimir Putin’s rough estimate, including more than 100 civilians. Between 70,000 and 100,000 more are believed to have fled the fighting.