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Monday, 14 September 2020

Nvidia will buy Arm for up to $40 billion, combining smartphone, GPU powerhouses

Nvidia agreed to purchase Arm for up to $40 billion in cash and stock, the companies said Sunday night. This mammoth deal in the chip industry is expected to bolster AI and GPU powerhouse Nvidia’s chip portfolio, even as it’s sure to attract antitrust attention.

Nvidia will pay Softbank, the company’s current owner, a total of $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at signing. Nvidia will also issue $1.5 billion in equity to Arm employees. It may also pay Softbank up to $5 billion in cash or stock if Arm meets specific financial performance targets—bringing the final purchase price up to $40 billion.

The deal has been approved by the boards of all three companies—Arm, Nvidia and Softbank—though it’s subject to regulatory approval in China, the United Kingdom, the European Union and the United States.

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Reggie Watts shares how James Corden personally paid some staff during COVID-19 - CNET

The comedian/musician is on CNET's I'm So Obsessed podcast to talk about WattsApp by Reggie Watts, data privacy and his love/hate relationship with technology.

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This giant scorpion is really a zero-gravity gaming chair and computer workstation - CNET

Would you sit in this gaming chair that looks like a moving scorpion monster?

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Dr. Fauci predicts life in US might not be back to normal until late 2021 - CNET

But he believes a coronavirus vaccine will be available by the beginning of next year.

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GOP's COVID relief bill failed: Here's everything that could happen next - CNET

A new, "skinny" coronavirus relief bill failed to pass the Senate. Now what?

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New Batwoman season features new Batsuit, and will explain Ruby Rose departure - CNET

DC FanDome panel reveals that Javicia Leslie's Batwoman will have a different costume. Plus Kate Kane's sudden disappearance will be in the new storyline.

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It's official: Nvidia purchases Arm in $40 billion deal

Deal to be made up of $12 billion in cash, and $21.5 billion in Nvidia stock.

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Samsung is holding yet another Galaxy Unpacked event on Sept. 23 for 'Every Fan'

It's unclear what the Galaxy Unpacked for Every Fan event will hold, but we have a guess.

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Oracle reportedly wins deal for TikTok’s US operations as ‘trusted tech partner’

Mobile World Congress 2019 Brands Photo by Joan Cros/NurPhoto via Getty Images

Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but The Wall Street Journal reports that the company has been selected as a “trusted tech partner” instead. This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies.

News of an Oracle deal comes just an hour after Microsoft revealed it was no longer acquiring TikTok after its bid was rejected by TikTok owner ByteDance. Microsoft had been pursuing a deal to buy TikTok’s operations in the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle...

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Samsung announces September 23rd event, likely for Galaxy S20 ‘Fan Edition’

Image: Samsung

The last few weeks have seen the release of Samsung’s Galaxy Note 20 Ultra and Note 20, Galaxy Z Fold 2, Galaxy Z Flip 5G, Galaxy Watch 3, a couple tablets, and more — but the company still isn’t finished with events just yet. There will be yet another Samsung Unpacked virtual presentation on September 23rd at 10AM ET. This one is titled “Galaxy Unpacked for Every Fan,” which is a fairly obvious hint that it will mark the official reveal of the rumored Galaxy S20 Fan Edition.

Most recently, the unannounced phone was found on Verizon’s website by Android Police. Leaks and rumors have suggested it will retain some hardware specs of the standard S20 — like a 120Hz display and Snapdragon 865 processor — but will make downgrades elsewhere...

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Nvidia is acquiring Arm for $40 billion

Nvidia said Sunday it is acquiring chipmaker Arm from SoftBank for $40 billion. Arm will operate as an division of Nvidia and will remain headquartered in the UK, and, will “continue to operate its open-licensing model, while maintaining its global customer neutrality,” the company said. But the deal is still likely to face intense regulatory scrutiny.

SoftBank bought Arm in 2016 for $31 billion. The British company’s chips power mobile device processors for companies including Apple, Samsung, and Qualcomm. Arm has likely only increased in value since the SoftBank acquisition, with Microsoft making an ARM-based Surface and a version of Windows for Arm, and Apple planning to switch future Macs to Arm-based chips.

Nvidia is the leading...

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Nvidia Buys Arm From SoftBank for $40 Billion

The move gives Nvidia a way into mobile chips, but the acquisition is likely to face regulatory scrutiny.

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Samsung announces Unpacked for Every Fan virtual event - CNET

The virtual event will take place on Sept. 23.

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How much stimulus check money you could get? Calculate it using this tool - CNET

Use our calculator to estimate how much you, your family and your dependents could expect to receive with a second stimulus check, or with your first payment if you're still waiting for it to arrive.

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Microsoft's bid for TikTok has been rejected - CNET

ByteDance let Microsoft know it "would not be selling TikTok's US operations to Microsoft".

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Nvidia to buy SoftBank's Arm chip division for $40 billion - CNET

Deal is one of the largest ever in the chip industry.

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When your iPhone acts buggy, here's how to fix it - CNET

iPhone giving you trouble? These simple troubleshooting tips for common problems might help you get it back on track.

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The 10 best TV shows to stream on Disney Plus - CNET

Looking for another great show like The Mandalorian? Let's round up Disney's best gems.

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The 15 best movies to see on Amazon Prime Video - CNET

Struggling to choose what to watch on Amazon tonight? Let's round up some of its best movies.

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Gearbox to roll out free Borderlands 3 next-gen upgrade, 4-player split screen

Gearbox will roll out a free next-gen upgrade for Borderlands 3, which will allow players to continue their progress on the PlayStation 5 and Xbox Series X.

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Leaked PlayerUnknown’s Battlegrounds mode combines FPS, auto-battler elements

A leaked new mode for battle royale pioneer PlayerUnknown's Battlegrounds will apparently combine first-person shooter elements with auto-battler mechanics.

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PlayStation 5 box reportedly includes console base, but no headphones

The PlayStation 5 box will reportedly include a base so there is no need for a separate purchase to make it stand, but there will apparently be no headphones.

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Gods and Monsters reportedly retitled Immortals Fenyx Rising over trademark issue

Ubisoft changed the title of Gods & Monsters to Immortals Fenyx Rising due to a dispute with Monster Energy, according to information on the USPTO website.

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