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Is Arm Worth Its $52 Billion Valuation, Surpassing NVIDIA?
On Tuesday, September 5th, Arm's IPO application to regulators revealed a per-share ADS pricing between $47 and $51. With a total issuance of 95.5 million ADS, this places Arm's valuation at an estimated $52 billion. 
On Tuesday, September 5th, Arm's IPO application to regulators revealed a per-share ADS pricing between $47 and $51. With a total issuance of 95.5 million ADS, this places Arm's valuation at an estimated $52 billion. -
SoftBank Consolidates Control Over Arm Ahead of Anticipated IPO
In a strategic move that underscores the shifting dynamics of the tech industry, SoftBank Group Corp has acquired the remaining 25% stake in UK chip designer Arm Ltd. This acquisition, which values Arm at a staggering $64 billion, is seen as a significant step in stabilizing the company's stock price as it gears up for a much-anticipated listing next month. In a strategic move that underscores the shifting dynamics of the tech industry, SoftBank Group Corp has acquired the remaining 25% stake in UK chip designer Arm Ltd. This acquisition, which values Arm at a staggering $64 billion, is seen as a significant step in stabilizing the company's stock price as it gears up for a much-anticipated listing next month. -
SoftBank Prepares to Divest Almost Entire Alibaba Stake Amid Shift to "Defensive Mode"
SoftBank Group Corp is set to offload nearly all its remaining shares in Alibaba Group Holding Ltd, with the transaction reducing SoftBank's stake in the Chinese e-commerce giant to just 3.8%, according to an analysis of regulatory filings by the Financial Times. The filings were submitted to the U.S. Securities and Exchange Commission. 
SoftBank Group Corp is set to offload nearly all its remaining shares in Alibaba Group Holding Ltd, with the transaction reducing SoftBank's stake in the Chinese e-commerce giant to just 3.8%, according to an analysis of regulatory filings by the Financial Times. The filings were submitted to the U.S. Securities and Exchange Commission. -
SoftBank Discloses $21.6 Billion Loss On Its Vision Fund Unit
SoftBank trims value of its two Vision Funds' unlisted assets by 1.14 quadrillion yen. 
SoftBank trims value of its two Vision Funds' unlisted assets by 1.14 quadrillion yen. -
GM Buys Out SoftBank's Stake In Cruise For $2.1 Billion
GM will buy out SoftBank's stake in Cruise for $2.1 billion, while also committing an additional $1.35 billion in its autonomous driving business unit. 
GM will buy out SoftBank's stake in Cruise for $2.1 billion, while also committing an additional $1.35 billion in its autonomous driving business unit. -
Nvidia Abandons Plans To Acquire Arm Following Regulatory Actions
Nvidia is reportedly giving up on its plans to acquire Arm following significant pushback from regulators in the U.S. and the UK. Nvidia is reportedly giving up on its plans to acquire Arm following significant pushback from regulators in the U.S. and the UK. -
SoftBank Shares Jump Following $8.8 Billion BuyBack Program Announcement
SoftBank Group's shares jumped by around 10% Tuesday, its highest gain in the last two months. SoftBank Group's shares jumped by around 10% Tuesday, its highest gain in the last two months. -
SoftBank Incurs $4 Billion Loss On Didi Spending
SoftBank's 20% stake in Didi, which it bought for $11.8 Billion in 2019, is now worth around $7.8 billion. SoftBank's 20% stake in Didi, which it bought for $11.8 Billion in 2019, is now worth around $7.8 billion. -
Google, Temasek Spending $350 Million In Indonesian Tech Group Tokopedia
It is projected that Indonesia's online marketplace was on course to exceed $130 billion by 2025. 
It is projected that Indonesia's online marketplace was on course to exceed $130 billion by 2025. -
SoftBank Sells Chip Manufacturer ARM To Nvidia For $40 Billion
Nvidia has agreed to purchase British chipmaker ARM from Japanese conglomerate SoftBank in a cash-and-stock deal estimated to be worth around $40 billion. 
Nvidia has agreed to purchase British chipmaker ARM from Japanese conglomerate SoftBank in a cash-and-stock deal estimated to be worth around $40 billion.
