By Jane Lanhee Lee (Reuters) - SoftBank Group Corp's sale of Arm Ltd to U.S. chipmaker Nvidia Corp has collapsed, a source familiar with the matter told Reuters on Monday, adding that Arm would plan for an IPO instead of the sale, which would have been worth as much as $80 billion. The source also said that Arm chief executive Simon Segars has signaled he intends to resign, … [Read more...] about SoftBank’s sale of Arm to Nvidia collapses, Arm to IPO – source
Bitcoin rallies to four-week high, ether hits three-week peak
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bitcoin rose to a four-week high on Monday, climbing for a second consecutive session, driven in part by liquidation of some short positions that have accumulated in the virtual currency's recent three-month downtrend. The world's largest cryptocurrency hit $44,524.18 , the highest since mid-January. It was last up 3.8% at … [Read more...] about Bitcoin rallies to four-week high, ether hits three-week peak
U.S. charges China’s Hytera with conspiring with ex-Motorola staff to steal technology
By Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Justice Department said on Monday it has brought criminal charges against China-based telecommunications company Hytera, accusing it of conspiring with Motorola Solutions Inc employees to steal the American company's digital mobile radio technology. In a partially redacted indictment unsealed in Chicago, the government said … [Read more...] about U.S. charges China’s Hytera with conspiring with ex-Motorola staff to steal technology
Take-Two forecasts fourth-quarter adjusted sales below estimates
(Reuters) - Take-Two Interactive Software Inc on Monday projected fourth-quarter adjusted sales below market estimates, a sign that the video-gaming boom sparked by the pandemic was fading. The videogame publisher said it expected adjusted revenue between $808 million and $858 million, while analysts had estimated $924.24 million, according to Refinitiv IBES data. Video … [Read more...] about Take-Two forecasts fourth-quarter adjusted sales below estimates
PriceRunner sues Google for 2.1 billion euros, prepares for long fight
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish price comparison firm PriceRunner said on Monday it was suing Alphabet-owned Google for about 2.1 billion euros ($2.4 billion), the latest firm to take legal action alleging the search giant manipulated search results. Google in November lost an appeal against a 2.42 billion-euro fine it received in 2017 which found using its … [Read more...] about PriceRunner sues Google for 2.1 billion euros, prepares for long fight
