Moviegoers watch the animated film " Boonie Bears: Time Twist" on Feb 25 in a cinema in Shanghai. Little surprise that YOLO, directed by and starring Jia Ling, topped the box office with 2.7 billion yuan during the Spring Festival holiday period from Feb 10 to 17. Mao Jian, a film critic and professor of Chinese language and literature at …
NEW YORK: Arm, the chip designer owned by SoftBank Group Corp, received enough backing from investors to secure at least the top end of the price range in its initial public offering, which would command a $54.5 billion valuation on a fully diluted basis, a person familiar with the matter said on Tuesday. The valuation that Arm has been seeking …
SoftBank Group Corp's chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive Rene Haas told Reuters its business for new chip designs indicates a strong outlook. Licensing business revenue rose 61% to $1.13 billion and royalties, tracking the numbers of chips sold using Arm technology, rose 20% to $1.54 billion. Haas said 29.2 billion …
SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as $40 billion in a deal set to reshape the semiconductor landscape. SoftBank could also be paid an additional $5 billion in cash or shares depending on the chip designer's business performance, with Arm employees to be paid $1.5 billion …
