LONDON — British cellphone company Vodafone confirmed Friday that it is selling its Italian business to Switzerland’s Swisscom for 8 billion euros ($8.7 billion) and will hand back half of the proceeds to its shareholders through the buyback of company shares. Vodafone said the move, with talks first announced Feb. 28, represented an “attractive valuation” … Read more
RAFAH, Gaza Strip — Many of the Palestinians killed or wounded in the chaos as they tried to get bags of flour from an aid convoy were hit by Israeli army fire, the European Union’s diplomatic service said Saturday, urging an international investigation. Outrage is rising over the desperation of hundreds of thousands struggling to … Read more
sankai/Getty Images Samsung said on Tuesday that it will offer Arm Cortex-X CPU that has been optimized to Samsung Foundry’s latest gate-all-around (GAA) process node. This collaboration was the first of more to come between the pair that will enable the development of a “new class of SoCs” with generative AI capabilities, the South Korean … Read more
Almost a year ago, Alphabet’s growth stage venture arm, CapitalG, named partner Laela Sturdy as its new head, just as the unit’s founder, David Lawee, stepped down. Few were surprised Sturdy was promoted to the post. She joined Google in 2007 in a marketing role, was pulled into a number of departments in the following … Read more
Masayoshi Son, chairman and CEO of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images Arm shares soared 29% on Monday, extending last week’s rally as investors continue to applaud the chipmaker’s better-than-expected third-quarter earnings and its position in the artificial intelligence boom. Arm is now up 93% since it reported quarterly financials on … Read more
Arm CEO Rene Haas and executives cheer as Softbank’s Arm, a chip design firm, holds an initial public offering at the Nasdaq MarketSite in New York, Sept. 14, 2023. Brendan Mcdermid | Reuters Shares of chip designer Arm climbed more than 60% on Thursday morning after the company reported better-than-expected earnings Wednesday and a strong … Read more
Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Masayoshi Son’s SoftBank made more in Arm’s after-hours trading on Wednesday than the total amount the company lost from its disastrous bet on now-bankrupt WeWork. … Read more
This winter, after a protracted impasse along the frontlines, the war in Ukraine began a new phase with its own distinctive rhythm. It has been defined in recent days by the dramatic pattern of drone strikes deep inside Russian territory. On most mornings, the world now sees the results of such strikes in news reports … Read more
Barry Keoghan survived something extremely serious. The 31-year-old Saltburn star revealed he survived a case of necrotizing fasciitis, otherwise known as flesh-eating disease, in his new GQ cover story. Writer Alex Pappademas detailed the scene while interviewing the actor on the rooftop pool deck at the Four Seasons in Hollywood, and revealed some shocking details. … Read more
Don Trollano.–PBA IMAGES MANILA Philippines–San Miguel Beer is thrilled to have Don Trollano join an already-loaded lineup that is decimated by injuries in the ongoing PBA Commissioner’s Cup. “Definitely a Don Trollano is a welcome addition to our lineup especially with all the injury woes we are experiencing right now,” team manager Gee Abanilla said … Read more