Nvidia on Monday backed out of a deal to acquire mobile chip designer Arm for $66 billion, according to reports. It would have been the largest ever sale in the semiconductor industry, but regulators including the FTC weren’t keen on it.
SoftBank, the Japanese company that currently owns Arm, still expects to sell it by the end of the year through an initial public offering.
Apple reportedly participated in early stage conversations with SoftBank about acquiring its Arm Holdings.
Arm Holdings is the semiconductor conductor whose ARM architecture Apple licenses for everything from its A-series chips for iPhone and iPad to its upcoming Apple Silicon processors for Mac.
A $100 billion SoftBank Vision Fund that Apple invested in has published a quarterly loss of $8.9 billion. The fund backs promising (or seemingly promising) startups.
SoftBank Group founder, chairman and CEO Masayoshi Son announced the disappointing returns today. “My investment judgment was poor,” Son said.
The iPhone 11 could be in your hands in just 45 days, the president of Japanese telecommunications company SoftBank may have accidentally revealed.
Speaking at an investor event over the weekend, SoftBank President Ken Miyauchi suggested that the new iPhone will be available September 20.
Apple has teamed up with investors including Foxconn, Microsoft and… the National Bank of Kazakhstan to participate in a new “technology mega fund.”
The $108 billion fund is organized by SoftBank Group Corp. The goal is to focus on investing in A.I. related technologies.
Apple got a bit pushy with Japan’s wireless service providers, and was slapped down by regulators as a result.
The iPhone maker was requiring the carriers to put subsidies on iOS handsets. The Japanese Fair Trade Commission decided that was a violation of Japan’s antitrust rules.
A merger between Sprint and T-Mobile could be back on the table, according to a new report that claims informal talks between the two carriers sparked up again this week.
Sprint attempted to acquire T-Mobile back in 2014 but the deal fell apart because of regulatory concerns. Now the heads of both companies have expressed to investors that they’re willing to consider consolidating again.
Apple confirmed today that is getting into the venture capital game by investing in one of the world’s largest tech funds.
SoftBank’s new Vision Fund received $1 billion from Apple, according to a company spokesperson that revealed the company is investing in the $100 billion fund to gain access to future technology.
ARM Holdings, a.k.a. the company responsible for the mobile processor architecture which powers the iPhone and iPad, looks set to be bought by Japan’s SoftBank for an eye-watering (iWatering?) $32 billion, it has confirmed.
ARM’s board will recommend that shareholders accept the deal, which represents 43 percent over the company’s closing market value as per Friday. The news caused shares in ARM to leap up by 45 percent to 1,742.85p per share when the London Stock Exchange opened this morning.
Three out of every four smartphones sold in Japan are reportedly iPhones, but how did the Apple devices get there to start with?
SoftBank CEO Masayoshi Son shed some light on that question during a television interview with Charlie Rose which aired earlier this week, in which he told the story of how he landed the iPhone back in 2008.
