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Podcast: One Thing Today in Tech
Episode: Broadcom in talks to buy VMware; Klarna fires 10 percent of staff; Infosys wins Backcountry contract; 1K Kirana raises $25 mln
Description: Broadcom is in talks to pay around $60 billion for VMware as the semiconductor giant looks to expand into cloud software for enterprises, Wall Street Journal reports, citing people familiar with the matter. This would be one of the biggest takeover deals of the year.
The two technology companies are aiming to announce a cash-and-stock deal worth about $140 a share on Thursday, assuming the talks don’t fall apart, according to the Journal. A final price hasn’t yet been decided.
Klarna, the Swedish buy now, pay later company, backed by investors including SoftBank Group, is layi...