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Nvidia’s Arm Takeover Collapses

By
Josh Sisco
and
Stephen Nellis
· · Source: Financial Times

Nvidia’s controversial takeover of semiconductor designer Arm has collapsed  following more than a year of fierce industry opposition and regulatory scrutiny, the two companies confirmed late Monday. As part of the deal’s failure, first reported by the Financial Times , Arm’s current CEO Simon Segars is being replaced by Rene Haas, who heads up the company’s intellectual property business....

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Musk Puts $20 Billion Value on Twitter
By Erin Woo and Martin Peers · March 25, 2023 4:45 PM PDT
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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...
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