Nvidia preparing to walk away from Arm acquisition
The Hindu
European Commission filing showed that EU antitrust regulators have resumed their investigation of the deal and set a new deadline of May 25 for their decision.
Nvidia Corp is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp , Bloomberg News on Tuesday, citing people familiar with the matter.
(Sign up to our Technology newsletter, Today's Cache, for insights on emerging themes at the intersection of technology, business and policy. Click to subscribe for free.)
The U.S. chipmaker has told partners that it does not expect the deal to close, the report said, adding that SoftBank is stepping up preparations for an initial public offering (IPO) of Arm.
Former astronaut William Anders, who took iconic Earthrise photo, has died in Washington plane crash
William Anders, the former Apollo 8 astronaut who took the iconic “Earthrise” photo from space in 1968, was killed on June 7 when the plane he was piloting alone plummeted into the waters off the San Juan Islands in Washington state.