Arm - International Business Weekly

SpaceX Stuns World as 20-Story-Tall Rocket Booster is Caught Mid-Air by Mechanical Arm [Watch]

SpaceX achieved a remarkable feat on Sunday, catching its massive rocket booster mid-air with mechanical arms. This marks a significant step forward in the company’s quest to build a fully…

Man Sets Arm On Fire As Marches Across US Mark Gaza War Anniversary

Thousands marched in US cities from Washington to Los Angeles on Saturday, demanding an immediate ceasefire as the war in Gaza nears the one-year mark, with a man attempting to…

Arm rebuffed by Intel after inquiring about buying product unit

ARM Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business is not for sale, according to a person with direct knowledge of the…

China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions

THE electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday (Aug 27) it expected to report a bigger loss for the first half of 2024, reflecting…

Didi turns profitable as ride-hailing arm grows ahead of IPO

DIDI Global swung to a profit in the June quarter, a welcome boost for the company as it prepares for a potential re-listing in Hong Kong. Its over-the-counter shares rose…

Intel, pinched by losses, sells stake in chip designer Arm

INTEL, which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings during the second quarter. The company…

China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units

SHARES of China Evergrande New Energy Vehicle fell 7 per cent in Monday (Jul 29) morning trade after individual creditors of two of its units sought court approval for the…

Masan’s retail arm banks on omnichannel reach to cement dominance in Vietnam

But it will take a while for the country’s largest retail chain to make that segment of the business a key profit contributor [HO CHI MINH CITY] Vietnamese consumer giant…

Aramco’s venture arm, Mubadala back Dubai-based real estate fintech

STAKE, a Dubai-based digital platform for real estate investment, has raised US$14 million from investors, including Saudi Aramco’s venture capital arm and an Abu Dubai sovereign wealth fund. The platform…

MediaTek and Arm Total Design to accelerate a new era in AI innovation

Chipmaker MediaTek has partnered with Arm Total Design to accelerate AI product development.The collaboration will leverage MediaTek’s System-on-Chip design capability and Arm’s Neoverse Compute Subsystems. Vince Hu of MediaTek expressed…

Arm aims to capture 50% of PC market in five years, CEO says

ARM Holdings aims to gain more than 50 per cent of the Windows PC market in five years, the chip designer’s CEO said, as Microsoft and its hardware partners prepare…

Evergrande’s EV arm chased to repay subsidies in latest blow

THE electric vehicle (EV) unit of embattled real estate developer China Evergrande Group is being pursued by local governments to repay 1.9 billion yuan (S$354.1 million) in subsidies after failing…

Facing Putin Threat, EU Pushes To Arm Ukraine — And Itself

EU leaders will grapple at a summit on Thursday with how to get more weapons to Ukraine’s outgunned forces while also re-arming their own countries to face Russia’s Vladimir Putin…

Alibaba groceries arm Freshippo CEO to retire, to be replaced by CFO

FRESHIPPO, the groceries arm of e-commerce giant Alibaba Group, has told its staff that its CEO Hou Yi will step down and retire and be replaced by the unit’s current…

New Arm offering to speed creation of custom data centre chips

ARM Holdings on Wednesday (Feb 21) released a new set of blueprints for making chips that it says could cut the time required to develop data centre processors to less…