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The Latest Breaking News from SoftBank

Tiny AI chip designer could become Arm's sibling - Softbank rumored to be interested in buying cash-strapped Graphcore with its IPU crown jewel likely to be the target

Graphcore is exploring a sale to buyers such as Arm, Softbank and OpenAI.

TechRadar

Graphcore reportedly explores sale: Arm, OpenAI, and Softbank named as rumored potential buyers

AI processor designer Graphcore could be acquired by Arm, OpenAI, or Softbank.

Tom’s Hardware

Shares in chip designer Arm soar by more than 50% leaving it valued at $120bn

Chief executive, Rene Haas, says UK-based firm is benefiting from huge demand for AI-powered products and apps

The Guardian - UK

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What Matters Most When AT&T, Verizon, T-Mobile Report Earnings

When Q4 earnings come in for telecom stocks, investors will be looking for signs that dividends and buybacks are in safe order.

Investors Business Daily

CFOs weigh the risks and rewards when adopting AI

What are the investment requirements needed to give the green light for AI?

Fortune

Telecom Stocks Kick Off 2024 With Gains As Tech, Nasdaq Pull Back

Shares in telecom stocks AT&T and Verizon rose for the second day in 2024 as technology companies and the Nasdaq index again pulled back.

Investors Business Daily

Stock Market Indexes Nudge Higher; Tesla Steers Into Buy Zone

After starting to venture higher in morning trades, major stock market indexes were mixed after the release of Fed factory data.

Investors Business Daily

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Intel Wins Appeal on VLSI Case, $2.18B Judgement Reversed

A U.S. appeals court on Monday overturned a 2021 patent infringement ruling against Intel that awarded patent holding company VLSI $2.18 billion over multiple patent violations. In a two-part decision, the court reversed a previous verdict that found that Intel violated a frequency management patent, while affirming the violation of…

AnandTech

‘Like brushing my teeth’: how Michiru Aoyama writes, records and releases an album every day

For two years, the Kyoto musician has risen at five, watched football, then made an eight-track album of super-deep ambient music – while fitting in a two-hour walk. And 200,000 fans are listening

The Guardian - UK

Apple's iPhone and Mac chip deal with Arm might be the bargain of the century

Apple pays less than you might expect for the technology behind those fast A17 Pro and M3 chips.

iMore

The co-founders of now-shuttered IRL are suing its investors in the latest development of the startup’s saga

Just two years ago, the Gen Z-messaging app IRL was flying high with a $1.2 billion valuation.

Fortune

Former Googler Adrian Aoun raises $100 million for walk-in AI healthcare pods

Health tech startup Forward plans to roll out the CarePod in several US cities, backed by a fresh round of funding from Khosla Ventures, Founders Fund, Softbank, and Samsung Next.

Fortune

Japan's SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

The Independent UK

SoftBank paid WeWork lenders almost $1.5bn before bankruptcy filing

Court papers reveal Japanese conglomerate transferred money less than a week before office rental group filed for bankruptcy

The Guardian - US

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Fortune

A former Blackstone exec wants to salvage WeWork from bankruptcy

The company has renegotiated more than 500 of its leases, and is working on doing so with another 400.

Fortune

Adam Neumann fires subtle shots at his WeWork successors

Adam Neumann, the billionaire founder of WeWork, said the company "has failed to take advantage of a product that is more relevant today than ever before" since he left.

The Independent UK

WeWork files for bankruptcy in the US

WeWork has more than 770 sites around the world, including nearly 50 in the UK and Ireland.

AnandTech

Arm Acquires Minority Stake in Raspberry Pi

Arm Holdings has acquired a minority stake in Raspberry Pi Ltd, reinforcing a partnership that began in 2008. This strategic investment is designed to support development of Raspberry Pi's low-cost low-power Arm-based platforms aimed at edge computing and IoT applications, leveraging Raspberry Pi's ability to deliver affordable, high-performance computing globally.;…

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Evening Standard

Senior Arm China staff quit to create government-backed startup

The British chip designer is grappling with a US- Chinese conflict over technology that has uncertain implications for foreign operators

Fortune

Softbank’s CEO says you’ll end up like a mindless goldfish if you don’t get on board with AI

“Take advantage of it or be left behind,” warned Masayoshi Son, whose early bet on Alibaba built his reputation as a tech visionary.

Zenger

Former SoftBank Exec Launches Stablecoin Backed By UAE Dirham

Akshay Naheta's company, DTR, aims to protect individuals from high inflation in emerging markets.

Investors Business Daily

Klaviyo Ups IPO Price Range As Instacart Also Readies Initial Public Offering

Klaviyo, a partner of e-commerce firm Shopify, upped the share price range for its initial public offering amid views the IPO market is heating up.

Investors Business Daily

Dow Jones Soars Amid Strong Arm IPO Gains; Cathie Wood Loads Up On This Stock After 43% Plunge

The Dow Jones rallied as stocks popped on retail data. Arm stock rocketed on its IPO. Cathie Wood loaded up on a beaten down tech stock.

The Guardian - US

UK chip designer Arm soars on Nasdaq debut to notch $65bn valuation

Investor appetite for shares in SoftBank-owned tech firm pushes shares up close to 25% in much-hyped initial public offering

Investors Business Daily

Chip Designer Arm Surges In Initial Public Offering But Valuation Questioned

Chip designer Arm scored an initial valuation of $54.5 billion in its initial public offering.

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