US chipmaker Qualcomm and other companies are opposing the $40 billion takeover of UK chip designer Arm by Nvidia, according to people familiar with the matter and documents seen by The Information. Qualcomm is urging the Federal Trade Commission and antitrust authorities in the European Union, the UK and China to block deal, which would give Nvidia full control over Arm’s widely used...
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Dorsey Makes His Case to Wall Street: The Information’s Tech Briefing

It’s a good thing Jack Dorsey isn’t running for public office. Promising big changes when you’ve been in the job for more than five years tends to prompt skeptical questions. But in this case, investors seem to be willing to give Dorsey the benefit of the doubt. In what was a bit of a bloodbath on Wall Street today, Twitter was one of the few stocks going up after its big...
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