The American technology company Nvidia is approaching to the agreement to purchase the British chip manufacturer Arm from the Japanese SoftBank. Bloomberg was told by familiar with particular situation Sources. Similar information was also reported by the interlocutors of The Wall Street Journal and the Financial Times.
Bloomberg sources said, the operation may be announced next week. Companies were discussing the agreement under which Arm would be valued at about $ 40 billion in cash and stocks, stated two interlocutors. However, the source warned that the agreement is not yet signed, and negotiations may result in nothing. Representatives from Nvidia and SoftBank refused to comment to Bloomberg.
As per Bloomberg and WSJ, the agreement on purchase the Arm may be the largest in the history of the field of semiconductors. At the same time, any possible deal probably will attract the attention of regulators and will be the subject of complaints from companies such as Samsung, Apple, Qualcomm, Broadcom, Intel or Huawei. Bloomberg explains that all of these companies use Arm developments in their products. The company has taken a successful niche precisely because it has remained independent, and the agreement with Nvidia can put this neutrality into question. The acquisition of the company by the Japanese SoftBank was not challenged because the conglomerate was not a competitor of any of Arm’s customers.
Apple has announced that it will hold a presentation of new products next week – the third since the beginning of 2020. According to the company’s website, the event will be broadcast from the head office in California on Tuesday, November 10. The company announces the event with the words “One More Thing”. This phrase, […]
Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]
According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors. Thus, shares […]
South Korean company Samsung Electronics in the third quarter of this year took first place in the global smartphone market. This was reported on Friday by KBS, citing data from the international research company Counterpoint Research. According to this data, during this period, Samsung controlled 22% of the world market. In second place is the […]
American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]
Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]
Net profit of the American company Intel, one of the world’s largest manufacturers of computer components, in the first nine months of 2020, which ended on September 26, rose from 6.3% to $ 15.042 billion, according to the company press release. Adjusted earnings per share for the reporting period were $ 3.52 against $ 3.14 […]
The capacity of installed solar energy facilities in Ukraine will increase up to 3 GW by 2020. Vitaliy Daviy, CEO of IB Center Europe, made such forecast for the development of the industry at CISOLAR 2019 the 8th Solar Energy Conference in Kiev. As of April 1, 2019, more than 2.2 GW of solar energy […]
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The manufacturer of electric cars Tesla has allowed its customers to pay for the purchase with bitcoins. This was announced on Wednesday on Twitter by the founder of the automaker, billionaire Elon Musk F. The official Tesla website states that payment is made from the customer’s bitcoin wallet: he can scan a special QR code […]
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Considering features of construction business of Ukraine, investors often come up against a situation when the builder isn’t able to fulfil properly the liabilities – whether it be a delay of the termination of a construction or “frost” of an object. As a rule, the majority of cases with liabilities execution suspension by the builder […]
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Ukraine can start production of small modular reactors (MMR). Negotiations are underway between the Ministry of Energy and the Czech concern Witkowitz, according to the press service of the agency on Facebook. So far, the parties have agreed to exchange information and set up a working group to further work on the issue. Deputy Minister […]
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On 21 April, Credit Agricole signed the agreement with the European Bank for Reconstruction and Development (EBRD) and joined the «EU4Business-EBRD Credit Line» Program, within which the bank will get a EUR 25 million loan for 4 years. The purpose of the borrowing is to support micro, small, and medium-sized businesses and to expand their access to […]
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It is widely known that in the modern world entities are created to do business lawfully. Now it is convenient not only to active entrepreneurs, but to active violators of the law who successfully hide their antics in large corporations. In different countries are increasingly progressing practice of money laundering, tax evasion and other financial […]
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Recently, the launch of the new terminal of COFCO Agri of grains and oilseeds transshipment took place in Mykolayiv, – it is reported by the informed sources. According to the representatives of the company, the funds invested in the project, amounted to $ 75 million. The building of the terminal started two years ago and […]
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Shares of Johnson & Johnson, which rose till 1.44% over the past week, on Tuesday closed with a decrease of 2.3%, despite on the publication of a better-than-expected Wall Street experts, a report for 3 fin. quarter. Investors are concerned about the potential consequences of ending the large-scale study of the J&J vaccine against COVID-19, […]
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Visa in conjunction with BioConnect will promise to provide a new service which will give an opportunity to their clients to undergo the procedure of biometric authentication, using the application on their phone in the nearest future. According to developers of the program, such innovation is a fine alternative to passwords use. In addition, the […]
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Direction of LLC Development Construction Holding (DCH), whose president is Oleksander Yaroslavskyi, is considering to lease the OPP instead of the acquisition of assets of this PJSC, reported Zn.ua. In an official statement of OPP representatives was indicated that they appealed to the State Property Fund of Ukraine in order to initiate an open competition […]
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Shares of Visa, which rose 4.7% since the beginning of the year and recovered almost all losses in February and March, which decreased after the publication of the financial report for the 3rd quarter, that ended on June 30. Income per share of Visa in the 3rd quarter decreased from 23% to $ 1.06, which, […]
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German airline Lufthansa made its first flight to Lviv on April 30, after a one-year break. 79 passengers arrived in Lviv, which is almost 100% of the aircraft load. It is reported that in the first month the airline will fly three times a week, and in June the number of flights will increase to […]
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South Korean electronics maker Samsung Electronics has signed an agreement with US cellular operator Verizon to supply $ 6.64 billion worth of 5G equipment to the United States, reported Reuters. According to Samsung representative, the order concerns to supply of network equipment. Company declined to comment on the detailed terms of the contract. Noted that […]
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At a meeting on Wednesday, August 11, the government replaced the interim head of Ukrzaliznytsia, appointing Oleksandr Kamyshin to replace Ivan Yuryk. The people’s deputy Alexey Goncharenko reported about it. In 2012-2019, Kamyshin was Rinat Akhmetov’s SCM investment manager and a member of the supervisory board of the stevedoring company Portinvest. Since 2020 he has […]
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Chinese internet giant Tencent Holdings has made an offer to buy Leyou Technologies Holdings, which estimates this video game developer at 11.61 billion Hong Kong dollars ($ 1.5 billion), writes The Wall Street Journal. Tencent plans to pay for the full transaction with money, without attracting outside funding, and is willing to pay $ 3.3219 […]
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According to the BBC, China has launched the world’s first 6G test satellite into space. It should demonstrate how well the experimental technology of the sixth generation network works. The satellite successfully entered orbit along with 12 other spacecraft after launching a rocket from the Taiyuan Cosmodrome in Shanxi Province. It is known that the […]
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