Tuesday, August 8, 2023

Source: Apple, Samsung, Nvidia, and Intel plan to invest in Arm's US IPO as soon as shares are listed in September; SoftBank owns 75% of Arm and Vision Fund 25% (Nikkei Asia)

Nikkei Asia:
Source: Apple, Samsung, Nvidia, and Intel plan to invest in Arm's US IPO as soon as shares are listed in September; SoftBank owns 75% of Arm and Vision Fund 25%  —  SoftBank chip design unit to debut on Nasdaq, market cap seen topping $60bn  —  SoftBank Group plans to list shares in its chip deign unit …



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Meta's auditor Ernst & Young raised a red flag over the financial engineering Meta used to keep its $27B Hyperion data center project off its balance sheet (Jonathan Weil/Wall Street Journal)

Jonathan Weil / Wall Street Journal : Meta's auditor Ernst & Young raised a red flag over the financial engineering Meta used to ...