The U.K. government is weighing whether to block Nvidia’s $40 billion takeover of Softbank-owned semiconductor designer Arm, following a critical assessment of the deal by the country’s antitrust regulator, according to a Bloomberg report on Tuesday. Last month, the Competition and Markets Authority delivered a report to the U.K. Culture Secretary Oliver Dowden with its assessment of...
U.K. Considering Block of Nvidia’s $40 Billion Arm Deal on National Security Grounds
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
Amazon Starts Latest Round of 9,000 Layoffs
Nasdaq to Launch Crypto Custody Service By End of June
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