WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses
TECHNOLOGY POWERING BUSINESS
News softbank
Sir Jony Ive And OpenAI Discuss AI Hardware Project – Report
Apple's former chief designer Jony Ive in reportedly discussions with OpenAI to build AI hardware consumer device, backed by Softbank
SoftBank Acquires Vision Fund ARM Stake At $64bn Valuation
Japan's SoftBank acquires 25 percent ARM stake from its Vision Fund unit in deal that values UK chip designer at $64bn, ahead of planned IPO
SoftBank In Deal With Symbiotic For AI-Powered Warehouses
SoftBank and Symbiotic joint venture GreenBox to offer capacity in automated warehouses, amidst frenzied interest in artificial intelligence
ARM In Talks With Potential IPO Investors – Report
Talks with potential 'anchor investors' in ARM's upcoming IPO may include Intel, Alphabet, Apple, Microsoft, TSMC, Samsung etc
ARM Files For IPO, But Not In London
Softbank's ARM Holdings registers for public listing in the US, in a blow to UK listing hopes and high level lobbying
ARM Boss Committed To Public Listing In 2023
Chief executive Rene Haas says ARM is committed to an initial public offering this year, and plans are “underway now”
ARM London Listing Sought By PM Rishi Sunak – Report
British government reportedly makes fresh attempt to convince ARM owner Softbank for public listing in London
SoftBank Sells Off Uber Stake, Cuts Vision Fund Staff
Japan's SoftBank sells off Uber stake, plans to cut staff at flagship Vision Fund investing arm as market turmoil leads to steep quarterly losses
Nasdaq Listing Most Likely For ARM, Says Softbank Boss
Bad news for London's FTSE? Japanese owner of British chip designer ARM reiterates that Nasdaq is the likely listing location
ARM To Axe 15 Percent Of Staff, 1,000 Jobs To Go
Chip designer ARM is to cut 15 percent of its workforce, as it reverts to its backup plan of an initial public offering after the Nvidia deal collapse
ARM Likely To File For Public Listing In US
Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States
Nvidia’s $40bn Purchase Of ARM Holdings Collapses
Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial public offering
Nvidia Preparing To Abandon $40bn ARM Acquisition – Report
Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings
SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing
SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to follow up Coupang success
ARM CEO Insists Nvidia Purchase Better Than IPO
Head of ARM strongly defends Nvidia acquisition, which he says is a much better alternative than being a standalone public company again
Softbank Pauses Production Of Pepper Robot – Report
Japanese conglomerate Softbank seems like it is officially retiring its friendly and diminutive robot that was nicknamed Pepper
Google, Microsoft, Qualcomm Object To Nvidia Acquisition Of ARM
Growing opposition by big name players in the tech industry to Nvidia's proposed acquisition of ARM, which is also facing multiple investigations
Nvidia Acquisition Of ARM Faces Competition Probe
UK competition regulator the CMA, launches investigation into the acquisition of British silicon designer ARM Holdings by Nvidia
Boston Dynamics Sold By SoftBank To Hyundai
Ownership odyssey of robotic dog developer Boston Dynamics, once owned by Google, continues as Hyundai acquires majority stake
ARM Sold To Nvidia As Critics Blast Deal
Labour urges government to step in to ensure ARM retains its British headquarters as SoftBank agrees sale to Silicon Valley-based Nvidia
Softbank Confirms It Is Exploring Sell-Off Of ARM Holdings
Japanese giant Softbank has confirmed it is exploring selling off British chip designer ARM Holdings, including selling off parts of it
UK Government Should Stop ARM Sale To US – Hermann Hauser
Amid reports that Softbank is looking to offload ARM Holdings to Nvidia, the man involved in ARM's creation calls for the UK government to intervene
Is ARM Raising Prices For Chip Licences?
ARM is reportedly seeking to raise licensing prices for some customers, leading some customers to consider ARM alternatives
Robot Dog Spot From Boston Dynamics On Sale For $74,500
Fancy being an owner of a robot dog? Well, if you happen to have £59,000 in cash spare, then you can purchase Spot from Boston Dynamics
Satellite Company OneWeb Collapses Amidst Pandemic Fallout
Satellite broadband company OneWeb runs out of cash, with lead investor SoftBank pulling out amidst financial chaos caused by coronavirus pandemic
US Judge Approves T-Mobile’s Sprint Acquisition
Appeal by a number of US states that acquisition would violate antitrust laws and raise prices has been overruled by US judge
Intel Sues Fortress Investment Over Patent Lawsuits
Lawsuit from chip giant Intel, alleges that investment company is a semiconductor patent troll
Softbank Buys Boston Dynamics From Google
Moonshot project shot down. Alphabet finally offloads unwanted robotics division Boston Dynamics
Quiz Of The Week: ARM
As Japan's SoftBank buys ARM for £24 billion, take our quiz here to see how much you know about the British tech darling