SoftBank Buys DigitalBridge In $4 Billion AI Infrastructure Play
SoftBank to acquire DigitalBridge Group for $4 billion, strengthening its global infrastructure for AI. Deal gives DBRG $4B enterprise value.
UK Loses Race, Arm Confirms Single US Listing To Tap Its Investor Base And Attractive Valuation
U.K. chip designer Arm Ltd prepared for a single U.S. public listing, dumping calls from the U.K. government for dual listing in its home market.
Sofbank’s Arm Ltd Said Late Thursday, It Would Pursue U.S. IPO
-Reuters
https://www.reuters.com/markets/deals/softbanks-arm-pursue-us-only-listing-this-year-2023-03-03/
SoftBank Clocks ¥783B Loss In Q3; Eyes Arm IPO In December
Softbank Group Corp (OTC: SFTBF) (OTC: SFTBY) clocked third-quarter revenue growth of 6% year-on-year to ¥1.693 trillion.
Splunk Likely To Significantly Improve Cash Flow After New CFO Appointment, Analyst Says
Rosenblatt analyst Blair Abernethy rated Splunk Inc (NASDAQ:SPLK) shares at Buy with a price target of $130. Splunk appointed Brian Roberts as…
UK To Boost Domestic Semiconductor Supply, Reduce Reliance On TSMC Over Geopolitical Risks: Study
Britain prepared to reduce reliance on semiconductors from Taiwan, fearing a threat from China and a possible invasion of the Asian island country, a draft strategy suggested.
Microsoft-Activision Deal Faces More Challenges As Google And Nvidia Share Worries With FTC
Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Nvidia Corp (NASDAQ:NVDA) shared concerns over Microsoft Corp’s (NASDAQ:MSFT) acquisition of Activision Blizzard Inc (NASDAQ:ATVI) to the Federal Trade Commission, fueling regulatory worries over the…
Elon Musk Wins A Guinness World Record — But He Likely Won’t Be Celebrating
The leader of the world’s leading electric vehicle company suffered a huge loss of wealth in 2022.