SUBSCRIBERS
ARM embraces technology revolution under SoftBank and loses money
Published Thu, Feb 8, 2018 · 09:50 PM
London
IT'S an accepted belief among tech startups that it's OK to grow fast at the expense of profits. But what if the company is 27 years old?
Under the new ownership of SoftBank Group Corp, the once relatively conservative UK chip company ARM Holdings Plc has rapidly expanded in size and headcount, and returned a sizable loss.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Brokers’ take: DBS cuts Venture Corp price target after Q1 earnings miss
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses