The UK’s Competition and Markets Authority is the first antitrust agency to weigh in on Nvidia’s $40 billion takeover of Arm. The agency said it has “significant competition concerns” about the deal, focused on Nvidia’s alleged incentives to restrict access to Arm by other chip makers. In the summary of a preliminary report released Friday, the CMA said the deal could negatively affect...
UK Antitrust Regulator Has ‘Significant’ Concerns Over Nvidia’s Arm Takeover
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Creator Economy startups
Gumroad Turns a Profit After Price Hike
Gumroad, which provides tools to creators including landing pages and help with product sales, recorded the largest monthly profits in its 11-year history in recent months after raising prices.Gumroad recorded net income of $82,270 in January, Sahil Lavingia, Gumroad’s founder and CEO, told its crowdfunding investors and creators Thursday in a presentation that was available via Zoom. Net...
Coinbase Hires Former Shopify Executive as Country Director
Circle’s USDC Outflows Exceed $10 Billion Since Crypto Bank Crisis
Virgin Orbit Lays Off 85% of Staff, Ceases Operations
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