Wednesday, September 16, 2020

China state media outlet calls Nvidia's Arm purchase 'disturbing', urges regulatory caution

An op-ed in China's state-backed Global Times said U.S. chipmaker Nvidia Corp's planned acquisition of Arm Ltd from Japan's SoftBank Group Corp was "disturbing", urging global regulators to exercise caution as they evaluate it for approval. https://ift.tt/2ZJd8PV

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...