The WSJ on the all-important chip designer SoftBank acquired for $31 billion in 2016:
At that price, Arm would be valued at $54.5 billion on a fully diluted basis. That is below the $64 billion Arm owner SoftBank Group recently valued the company at when it bought out a stake held by its Vision Fund.
Customers like Apple, Google, Nvidia, Intel, AMD, TSMC, and Samsung have all said they will buy ARM shares.
Here’s a weird one:
🍎 Meet the new iPhone 12!
... three years later ...
🇫🇷 Remove it or we’ll do it for you!
🍎 Meet the iPhone 15!
🇫🇷 Merde!
“We noticed that there have been many media reports about security incidents concerning Apple phones,” said Chinese Foreign Ministry spokeswoman Mao Ning.
Is Ning referring to media reports like the uptick in iPhone 0-day exploits we recently wrote about... or maybe it’s this piece from Apple pundit John Gruber who thinks China might be gaslighting everyone, and its real reason for banning iPhones for use by government employees is that it can’t eavesdrop as easily on iOS devices?
Car and Driver noticed that the blue oval emblem found on the new 2024 Ford F-150 has been redesigned. The slightly larger white script and removal of the outer chrome ring are subtle changes, but significant when placed on America’s bestselling vehicle since, well, forever.
The pledge to the White House includes a promise to develop technology to identify AI-generated images and share regular safety data with the government and academics. Today, Adobe, Nvidia, IBM, Palantir, Stability, Salesforce, Cohere, and Scale join OpenAI, Amazon, Google, Meta, Microsoft, Anthropic, and Inflection in making the pledge.
So now we can totally stop worrying about humanity being turned in house cats by the hyper-intelligent robots to come.
Dashcam footage of a pre-production model shows a plastic wheel cover being flung into busy highway traffic. Concerning for a company plagued by initial quality issues and the first production Cybertruck deliveries expected any day now.
If your living room looks anything like this photo then you can afford LG’s new 118-inch Magnit TV, now available to buy in the US for $237,000 — a discount off the slightly larger 130-inch MicroLED TV LG launched last year for $300,000. Bargain!
Per The Guardian:
Nats said the failure was due to “an extremely rare set of circumstances” with two identically named but separate waypoint markers outside the UK’s airspace – a scenario that has not occurred in more than 15m flight plans previously processed in the five years that the current system has operated.
The failure caused chaos last week with more than 2,000 canceled flights.
Per Reuters:
SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 to $51 apiece and aims to raise up to $4.87 billion at the top of the range, a regulatory filing showed on Tuesday.
SoftBank acquired it for $31 billion in 2016.
If that’s what you’re looking for in your future EV then the Mercedes-Benz CLA Class is for you... you know, if it wasn’t just a concept. It’s got LED light bars, a massive glass roof, “vegan silk-like fabric,” air vents integrate into the edge-to-edge dashboard display, and lots of ornamental stars.
MB says it’s got a 750km (466 miles) range because you can say anything about a fake car.