During Tuesday’s afternoon trade, Shares of Alibaba Group Holding Limited (NYSE:BABA), lost -0.16% to $85.98.
Chinese e-commerce company Alibaba Group Holding Ltd. and iPhone assembler Foxconn Technology Group are in talks to jointly invest about $500 million in Snapdeal.com, people familiar with the matter said, a potential deal that could value the five-year-old Indian e-commerce startup at roughly $5 billion, according to WSJ.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY), inclined 0.20% to $12.70, during its current trading session.
Cypress Semiconductor Corporation, declared its highly integrated, single-chip Bluetooth® Low Energy solutions for the Internet of Things and other wireless applications now offer double the memory capacity. The PSoC® 4 BLE Programmable System-on-Chip and PRoC™ BLE Programmable Radio-on-Chip solutions each now have options with 256KB of flash and 32KB of SRAM, giving designers added flexibility by enabling over-the-air (OTA) firmware upgrades without the need for external memory. The new offerings are pin-to-pin compatible with Cypress’s original Bluetooth Low Energy solutions, simplifying upgrades.
Cypress’s easy-to-use PSoC Creator™ integrated design environment (IDE) supports the new 256KB Bluetooth Low Energy solutions. Cypress has added support for multiple new Bluetooth Low Energy profiles in PSoC Creator, further streamlining design of a broader range of applications, counting Glucose Monitoring, Environmental Sensing and Apple Notification Center Service.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The companys Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
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