Chinese Buyout Firm in Talks to Sell Chip Tester UTAC Amid Market Dynamics

A significant development is unfolding in the semiconductor sector as a Chinese private equity firm, CPE, is reportedly contemplating a sale of UTAC, a key player in the chip testing arena. This potential transaction not only highlights the ongoing fluctuations in the global technology market but also underscores the growing strategic interest in semiconductor-related assets globally.

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Teachers Union Calls on Public Pensions to Review Their Tesla Investments

In a significant turn of events, the National Education Association (NEA), the largest teachers union in the United States, has urged public pension funds to thoroughly analyze their holdings in Tesla Inc. This unprecedented move follows increasing concerns regarding the electric vehicle manufacturer’s corporate governance and its potential conflicts with social responsibility standards.

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