Arm CEO Hermann Hauser criticized the sale to Nvidia and termed it a disaster for Cambridge, the United Kingdom, and Europe.
The cloud data warehousing company raised the largest IPO ever for a U.S. software company.
The company’s government loan to manufacture drug ingredients is under investigation by the agency that approved the deal.
Italy’s competition authority is looking into the companies’ cloud storage services after complaints about allegedly unfair commercial practices.
Economists' thoughts on when exactly the recession will end vary, with 35% expecting the current recession to end in the second half of 2020.
Public health authorities were notified to prepare to distribute a coronavirus vaccine as early as late October.
Digital sales increased 53% year-over-year, which helped offset the loss of sales at stores due to coronavirus closures.
The retailer’s new $98 a year subscription program is expected to compete with Amazon Prime.
With the offering, the Chinese electric vehicle company expects its cash reserves to exceed $2.9 billion.
Even a relatively mild decline in demand could easily push Tesla back into negative income territory.
S&P Global Ratings said that the company’s adjusted debt to a measure of earnings is at a 15-year high.
The company’s plans to go public come at a time when its home rental business has been hit hard by the coronavirus pandemic.
