SoftBank said it had fired the China CEO of its semiconductor design firm Arm Ltd., after investigating whistleblower complaints and finding “serious irregularities.” In a twist, the China unit of Arm said the CEO was still in charge. SoftBank acquired Arm, which is based in the U.K., for $32 billion in 2016, and in 2018 sold a controlling stake of its China-based business to Chinese investors...
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Exclusive from The Electric: GM’s New CTO Exits After One Month In the Job
General Motors’ chief technology officer, Gil Golan, is leaving the job after one month, according to an internal company memo distributed today, parts of which were seen by The Electric. Golan’s departure, effective Nov. 1, comes one week after a profile in The Electric in which he described a plan to aggressively expand the company’s work in batteries, create a “dream team” of battery...
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