Five things to know about British chip champion Arm
Here are five things to know about British chip designing giant Arm, which will launch a blockbuster listing on Wall Street on Thursday.
Sep 14, 2023
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Electronics & Semiconductors
News tagged with initial public offerings
Business
Chip designer Arm targets $52 bn valuation in year's largest IPO
British chip designer Arm is targeting a valuation of more than $52 billion for its initial public offering (IPO) on the Nasdaq exchange on Thursday, according to a company press release.
Sep 14, 2023
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Business
Arm's listing on NY exchange is a big wager in an uncertain market
Shares in the British chip designer Arm will be listed Thursday on New York's Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder SoftBank Group amid a still uncertain market.
Sep 11, 2023
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Business
Vietnam internet firm VNG files for US IPO
Vietnamese internet firm VNG has filed to list in the United States, soon after electric vehicle maker VinFast made its debut in New York.
Aug 24, 2023
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Business
Sega to buy Angry Birds maker Rovio
Japanese gaming group Sega has offered to buy the creator of the popular Angry Birds franchise, Finland's Rovio, in a deal worth more than 700 million euros ($770 million), the companies said Monday.
Apr 17, 2023
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Business
SoftBank to sell almost all its Alibaba stake: report
Japanese tech investment titan SoftBank has decided to sell nearly all of its stake in Alibaba to limit exposure to China, the Financial Times reported Thursday.
Apr 13, 2023
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Business
Jack Ma to cede control of China's Ant Group
Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.
Jan 7, 2023
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Business
Vietnam's VinFast files for US IPO as it targets global market
Vietnam's homegrown carmaker VinFast, which plans to sell the first ever Vietnamese car in the United States, said Wednesday it has filed for an initial public offering (IPO) in the country.
Dec 7, 2022
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Business
Jack Ma living in Japan after China tech crackdown: FT
Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.
Nov 30, 2022
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Business
Mark Zuckerberg can sack 11,000 workers but shareholders can't dump him: It's called 'management entrenchment'
"I want to take accountability for these decisions and for how we got here," tech billionaire Mark Zuckerberg told the 11,000 staff he sacked this week.
Nov 10, 2022
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