Abu Dhabi Media Company invests in Vevo
Vevo has announced a new investor in the project.
Abu Dhabi Media Company has become the latest company to invest in this project which aims to launch before the end of the year.
Other investors in the company include Sony Music Entertainment and Universal Music Group.
Vevo CEO Rio [...]

The Foundry Co. has been established
Advanced Micro Devices has confirmed that they have signed the deal with Advanced Technology Investment Co. and Mubadala Development Co. of Abu Dhabi.
This deal sees the creation of The Foundry Co.
The Foundry Co. would now be building a chip fab in the Luther Forest Technology Campus in Malta.
It would also [...]

AMD splitting up!

Microprocessor Company Advanced Micro Devices has announced that they are now splitting up their business operations.
AMD has been struggling to compete against Intel in the recent times.
The company is now spinning off its manufacturing plants. This plan is part of their agreement with Abu Dhabi government which is investing $8.4 billion in the [...]