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Tech Brew Ride Home

Fri. 07/31 – Nvidia In Talks To Buy Arm?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 31 July 2020

⏱️ 18 minutes

🧾️ Download transcript

Summary

Sources say Nvidia is in talks to buy Arm. Music Videos are coming to Facebook in a bigger way. The iPhone is delayed a tiny bit. A run-down of the earnings reports: TLDR: Apple made a ton of money when people thought they wouldn’t but Alphabet shrunk for the first time ever. And of course, the weekend longreads suggestions. Sponsors: Metalab.co JoinFightCamp.com/techmeme Links: Nvidia in talks to buy Arm from SoftBank for more than $32bn (Financial Times) Facebook Is Set to Finally Get the Rights to Show Music Videos (Bloomberg) Apple confirms short release delay for this year's iPhones (Axios) Comment: Analysts half-right about AAPL’s Q3 … but so wrong! (9to5Mac) Weekend Longreads Suggestions Philosophers On GPT-3 (updated with replies by GPT-3) (Daily Nous) Independence, autonomy, and too many small teams (Kislay Verma) Tech Sector Feeling COVID-19’s Economic Pain (Indeed Hiring Lab) The Gig Economy Is Failing. Say Hello to the Hustle Economy. (OneZero) Car Companies Want to Monitor Your Every Move With Emotion-Detecting AI (Motherboard) Subscribe to the Ad-Free Feed! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Friday, July 31st, 2020. I'm Brian McCullough.

0:08.6

Today sources say NVIDIA is in talks to buy arm. Music videos are coming to Facebook in a major way. The

0:16.2

iPhone is delayed a tiny bit. A rundown of the earnings reports. TLDR, Apple made a ton of money when people thought they wouldn't, but Alphabet shrunk for

0:24.8

the first time ever.

0:25.8

And of course, the weekend long read suggestions.

0:28.8

Here's what you miss today in the world of tech.

0:31.0

I think we speculated on this as a possibility, right?

0:37.0

Sources are telling the Financial Times that Invidia is in talks to buy arm from Soft Bank in a cash and stock deal, quoting the Financial Times.

0:48.0

The talks began in recent months after Invidia approached Soft Bank, which had been pursuing a series of other asset sales

0:54.7

about a potential acquisition of the UK's most valuable tech company.

0:58.4

There's no guarantee that the discussions will result in a sale the people cautioned adding there were a number of issues

1:04.4

pertaining to a deal that would need to be resolved. The exact details of price and

1:08.5

structure were not given but these people confirmed the proposed deal included both cash and stock that valued arm at above

1:15.3

the $32 billion price that Soft Bank paid for the business in 2016.

1:19.8

Using stock would allow NVIDIA to take advantage of the 151% rally in its share price during the past year.

1:26.2

NVIDIA's market value has risen to $261 billion in that time, overtaking its much older rival Intel.

1:33.0

Buying Arm would further consolidate Invidio's position at the center of the semiconductor industry at just the moment when the British chip designers technology is finding broader applications beyond mobile devices in

1:43.7

data centers and personal computers including Apple's Macs.

1:46.7

Arm would transform NVIDIA's product lineup which until now has largely

1:51.5

focused on the high end of the chips market.

1:54.4

Its powerful graphics processors which are designed to handle focused data-intensive

1:59.2

tasks are typically sold to PC gamers, scientific researchers, and developers of artificial intelligence

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