SoftBank is working with Goldman Sachs on a possible partial sale or initial public offering of Arm Holdings, the chip designer it paid $32 billion for in 2016, according to a report from the Wall Street Journal. The embattled Japanese conglomerate is looking to raise cash to soothe activist investor Elliott Management, which has pushed for changes at the firm in recent months. Headquartered...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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