Non-binding fund to oversee creation of at least 50,000 US tech jobs
Softbank said that it will sell a 25 percent stake of ARM Holdings to an investment fund created in partnership with Saudi Arabia and other investors, according to people involved in the discussions.
It is already brighter than most Apple fanboys
SoftBank founder Masayoshi Son has said that computers running artificial intelligence programmes will exceed human intelligence within three decades,
For US market share
Last Friday, an exclusive report from Reuters noted that the SoftBank Group in Japan is financially prepared to give up control of recently acquired Sprint and hand over the keys to Deutsche Telekom AG’s brand in America, also known as T-Mobile USA.
Fruity tax-dodging cargo-cult Apple is sticking a billion dollars in a tech fund being set up with Softbank to put billions into Saudi Arabia's Public Investment Fund (PIF).
Chipzilla tortoise everything we know
People are still wondering why Japanese giant SoftBank paid over the odds for plucky British chip designer ARM earlier this month.
But the rest of SoftBank’s logic is bizzare
Japan’s SoftBank surprise buy out of British chip designer ARM was all about getting its foot in the door into the internet of things.
Share price falls faster than Apple’s
While many people reacted with horror to the news that ARM had been sold to the Japanese Softbank, the naysayers were mostly on ARM’s side. But it seems that Softbank is having trouble selling the idea to its own shareholders.
It’s not good news
The decision to sell ARM to SoftBank for £24.3 billion has been deprecated by its founder, Hermann Hauser, but praised by the new British prime minister, Theresa May.
£24 billion, I really think so
British chip designer ARM has just agreed to be bought by the Japanese giant SoftBank for £24 billion.