Jensen Huang, CEO of Nvidia Rick Wilking | Reuters The companies announced on Sunday that chipmaker Nvidia had agreed to buy Arm Holdings, the designer of chips for mobile phones, in a 40 40 billion deal from Softbank. The deal will include વી 21.5 billion in Nvidia stock and 12 …
Read More »Bots won T-Mobile’s promotion contests
People walk by a T-Mobile store in San Francisco, California Justin Sullivan | Getty Images Earlier this summer, players took part in a T-Mobile Tuesday giveaway contest to Reddit to discuss an early discovery: The company donated tens, sometimes hundreds, of thousands of dollars in gifts, prizes and cash to …
Read More »SoftBank hires Goldman Sachs to explore Arm’s put options: Sources
Masayoshi Son, President and CEO of SoftBank Group Corp., gestures while speaking during a press conference in London on Monday July 18, 2016. Chris Ratcliffe | Bloomberg | fake pictures SoftBank hired Goldman Sachs to explore both an initial public offering and a sale of British chip designer Arm Holdings, …
Read More »Dow futures jump after nearly 400 loss points overnight
BY THE NUMBERS Dow futures pointed to a gain of more than 350 points in Tuesday’s opening after White House trade adviser Peter Navarro clarified that the trade deal between the United States and China has not ended. Navarro, a Chinese hawk, claimed his comment on Fox News on Monday …
Read More »Starbucks, Salesforce.com, Intuit, Peloton and more
Take a look at some of the most important engines on the previous market: IHS Markit (INFO): The provider of financial information and analysis reported quarterly earnings of 69 cents a share, 2 cents a share above estimates. Revenue was slightly below expectations as organic revenue fell 7%. The company …
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