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NVIDIA is acquiring Arm in $40 billion deal from SoftBank
Arm Limited is one of the worlds leading chipset design companies.
NVIDIA on Monday has announced it is buying the world’s leading chip designer and technology provider, Arm Holdings, from SoftBank with a deal of worth around $40 billion. This will…
Toyota invests $400 million in Pony.ai for Level 4 autonomous cars
Pony.ai is now a $3 billion company.
Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has…
WeWork’s CTO is leaving the company
Another WeWork day!
WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider . Shiva…
WeWork’s Chairman Marcelo Claure terminates 13 people for abusing vendor policies
Former Sprint CEO Marcelo Claure became the Executive Chairman after SoftBank takeover over 80% of WeWork.
WeWork’s Marcelo Claure – the chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees. Mr. Laure has further mentioned that…
SoftBank to take charge of WeWork
SoftBank decided to acquire WeWork at an $8 billion valuation.
WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its…