Nvidia CEO Jensen Huang told the Financial Times that regulatory scrutiny of his company’s $40 billion takeover of chip designer Arm could push its closure beyond next March, a time frame he has consistently stuck to since the deal was announced last September. This is a change in tune for Huang, who on an earnings call yesterday said only that Nvidia’s “discussions with regulators are...
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Tiger Global, Alkeon Slash Startup Valuations Amid Public Stock Selloff
For more than a year, startup founders have watched in awe and some trepidation as hedge funds and other large investors flooded private startups with big checks, pushing up valuations and making it easier than ever to raise money. Those freewheeling days may be numbered as a sell-off in public tech stocks bleeds into the startup world. Among the examples of change: Investors are starting to...
Amazon Shuts Down Retail Partnership Program, Pays $2.25 Million in Washington State Antitrust Settlement
HBO Max Sees 10% Jump in Retail Subscribers
Intel Wins Court Battle Against Landmark $1.2 Billion Antitrust Fine
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