Huawei is currently struggling to find an alternative to Google’s Android operating system and apps because it is left out of US tech, but now it faces a deeper hardware problem as well, with Chinese tech companies including its own. HiSilicon chip forced to look. for another option rather than Arm’s main chip designs.
SoftBank’s decision to sell Arm to Nvidia for $ 40 billion would put semiconductor Switzerland in American hands, inevitably raising fears that the United States would limit exports of its products in the future. Chinese companies need a standby chip architecture, as do Nvidia’s US rivals, and Risc-V is the obvious replacement for Arm.
This open source chip design effort still has a long way to go to match Arm’s capabilities, reports Richard Waters. It has yet to make progress beyond low-value chips, but industry experts expect it to now attract a wave of investment from companies looking for an alternative to Nvidia. Arm’s largest customers will eventually switch to designing their own chip architectures to provide control over their technology, one analyst predicted.
There are many other aspects to this deal, which faces major regulatory hurdles and is expected to take 18 months. According to FT, the UK government should make sure Nvidia keeps its promises to keep UK jobs, keep Arm’s headquarters in Cambridge and keep Arm’s intellectual property here.
For SoftBank fans, this is a disappointing exit, which appears to be driven by short-term interests rather than the long-term vision of its founder Masayoshi Son. He touted Arm as his “big bet” and “a great opportunity for all mankind and the products used” when he bought the company four years ago. Lex says SoftBank is now receiving slightly less than the £ 24.3 billion ($ 32 billion) it paid at the time, factoring in inflation.
The Internet of (five) things
1. Door open to enter the public
SoftBank-backed real estate group Opendoor to go public in deal with a blank check company run by former Facebook executive Chamath Palihapitiya, which values the company at $ 4.8 billion . Social Capital Hedosophia II, a so-called Special Purpose Acquisition Company (Spac) created by Mr Palihapitiya, will merge with Opendoor in a cash and share transaction.
2. Swedish Klarna is heading for IPO in the United States
Swedish ‘buy now, pay later’ fintech was valued at $ 11 billion today – roughly double the figure from a year ago – ahead of a likely US stock market listing. Its CEO tells us that a $ 650 million investment round will facilitate its expansion in the United States. Lex says investors should keep an eye out for late-payment groups’ credit losses – they nearly doubled for Klarna in the first half of the year.
3. The anti-espionage EU wants to snoop after all
EU law enforcement authorities would be allowed to access end-to-end encrypted communications under plans that would create a potential conflict with tech companies and privacy advocates. According to an internal European Commission note consulted by the Financial Times, the proposal to expand “targeted lawful access” to this data would contribute to an EU crackdown on child abuse networks and other organized crimes.
4. The UK is preparing for techno-war
Defense Secretary Ben Wallace has hinted that the British armed forces will use drones and other forms of autonomous weapons rather than large deployments of troops to wage future wars. “Instead of mass mobilization, this future force will be focused on speed, readiness and resilience, operating much more in the newer areas of space, cybersecurity and submarines,” he told reporters aboard the new navy warship.
5.Spotify makes streaming concert deal
After expanding into podcasts, the music streaming service is now focusing on live concerts. Spotify has made a deal with Songkick to promote live streaming events on its app as they become more popular due to the pandemic. Meanwhile, Laura Noonan organized virtual marathons.
Technical Tools – Apple Watch Series 6
Apple Watch SE, Series 6 and 3 can be viewed on a laptop during a virtual product launch © Bloomberg
As expected, Apple introduced a new Apple Watch and iPad Air line at its “Time Flies” event today. The main addition to the Series 6 Watch is a blood oxygen sensor that “uses four groups of green, red and infrared LEDs, along with the four photodiodes on the back crystal of the Apple Watch, to measure the light reflected from the watch. blood”. The health function indicates well-being by measuring the efficiency of the distribution of oxygenated blood throughout the body. Other new features include a brighter daylight display and an always-on altimeter. Series 6 starts at $ 399 and is available starting Friday. The latest operating systems for all Apple devices are available from Wednesday.
Huawei is currently struggling to find an alternative to Google’s Android operating system and apps because it is left out of US tech, but now it faces a deeper hardware problem as well, with Chinese tech companies including its own. HiSilicon chip forced to look. for another option rather than Arm’s main chip designs.
SoftBank’s decision to sell Arm to Nvidia for $ 40 billion would put semiconductor Switzerland in American hands, inevitably raising fears that the United States would limit exports of its products in the future. Chinese companies need a standby chip architecture, as do Nvidia’s US rivals, and Risc-V is the obvious replacement for Arm.
This open source chip design effort still has a long way to go to match Arm’s capabilities, reports Richard Waters. It has yet to make progress beyond low-value chips, but industry experts expect it to now attract a wave of investment from companies looking for an alternative to Nvidia. Arm’s largest customers will eventually switch to designing their own chip architectures to provide control over their technology, one analyst predicted.
There are many other aspects to this deal, which faces major regulatory hurdles and is expected to take 18 months. According to FT, the UK government should make sure Nvidia keeps its promises to keep UK jobs, keep Arm’s headquarters in Cambridge and keep Arm’s intellectual property here.
For SoftBank fans, this is a disappointing exit, which appears to be driven by short-term interests rather than the long-term vision of its founder Masayoshi Son. He touted Arm as his “big bet” and “a great opportunity for all mankind and the products used” when he bought the company four years ago. Lex says SoftBank is now receiving slightly less than the £ 24.3 billion ($ 32 billion) it paid at the time, factoring in inflation.
The Internet of (five) things
1. Door open to enter the public
SoftBank-backed real estate group Opendoor to go public in deal with a blank check company run by former Facebook executive Chamath Palihapitiya, which values the company at $ 4.8 billion . Social Capital Hedosophia II, a so-called Special Purpose Acquisition Company (Spac) created by Mr Palihapitiya, will merge with Opendoor in a cash and share transaction.
2. Swedish Klarna is heading for IPO in the United States
Swedish ‘buy now, pay later’ fintech was valued at $ 11 billion today – roughly double the figure from a year ago – ahead of a likely US stock market listing. Its CEO tells us that a $ 650 million investment round will facilitate its expansion in the United States. Lex says investors should keep an eye out for late-payment groups’ credit losses – they nearly doubled for Klarna in the first half of the year.
3. The anti-espionage EU wants to snoop after all
EU law enforcement authorities would be allowed to access end-to-end encrypted communications under plans that would create a potential conflict with tech companies and privacy advocates. According to an internal European Commission note consulted by the Financial Times, the proposal to expand “targeted lawful access” to this data would contribute to an EU crackdown on child abuse networks and other organized crimes.
4. The UK is preparing for techno-war
Defense Secretary Ben Wallace has hinted that the British armed forces will use drones and other forms of autonomous weapons rather than large deployments of troops to wage future wars. “Instead of mass mobilization, this future force will be focused on speed, readiness and resilience, operating much more in the newer areas of space, cybersecurity and submarines,” he told reporters aboard the new navy warship.
5.Spotify makes streaming concert deal
After expanding into podcasts, the music streaming service is now focusing on live concerts. Spotify has made a deal with Songkick to promote live streaming events on its app as they become more popular due to the pandemic. Meanwhile, Laura Noonan organized virtual marathons.
Technical Tools – Apple Watch Series 6
Apple Watch SE, Series 6 and 3 can be viewed on a laptop during a virtual product launch © Bloomberg
As expected, Apple introduced a new Apple Watch and iPad Air line at its “Time Flies” event today. The main addition to the Series 6 Watch is a blood oxygen sensor that “uses four groups of green, red and infrared LEDs, along with the four photodiodes on the back crystal of the Apple Watch, to measure the light reflected from the watch. blood”. The health function indicates well-being by measuring the efficiency of the distribution of oxygenated blood throughout the body. Other new features include a brighter daylight display and an always-on altimeter. Series 6 starts at $ 399 and is available starting Friday. The latest operating systems for all Apple devices are available from Wednesday.
