Tue. 07/14 – What If Apple Bought Arm?
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 14 July 2020
⏱️ 20 minutes
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| 0:00.0 | Welcome to the Tech Meam Right Home for Tuesday, July 14th, 2020. I'm Brian McCullough. |
| 0:08.0 | Today, Soft Bank looks like it might want to unload Arm. So let me blow your mind for a second. |
| 0:13.8 | What if Apple bought Arm? |
| 0:16.2 | The UK has completely flip-flopped on Huawei, now going full ban. |
| 0:20.3 | Is Google the next in line to invest in Reliance Geo and Amazon has unveiled a cashier negating shopping cart. |
| 0:28.0 | Here's what you miss today in the world of tech. |
| 0:37.8 | I usually don't lead with rumors because rumors are speculative and oftentimes they don't pan out but this hits a bunch of my buttons so hear me out. |
| 0:41.4 | Sources are saying that Soft Bank is exploring either a full or partial sale of the |
| 0:47.4 | Chipmaker arm which Soft Bank bought four years ago for 32 billion dollars. If it can't sell arm to a third party, |
| 0:56.4 | Soft Bank might spin it off via an IPO, but quoting the Wall Street Journal, |
| 1:01.5 | Soft Bank has previously indicated it could return arm to public markets at some point. |
| 1:05.9 | Such a move has gained urgency, however, as Soft Bank seeks to raise cash from its varied stable of assets |
| 1:11.4 | to Molify Activist Investor Elliot Management Corp which has been |
| 1:15.1 | agitating for changes at the company. Soft Bank has said it plans to sell up to 41 billion |
| 1:19.8 | dollars in assets to prop up its struggling portfolio and buy back its own shares which have traded at a steep discount relative |
| 1:26.1 | to net asset value. |
| 1:28.1 | It has a grab bag of assets to choose from in addition to Arm and roughly $20 billion worth of T-Mobile shares it recently |
| 1:35.2 | sold. |
| 1:36.2 | Soft Bank also owns large stakes in Chinese e-commerce giant Alibaba and a leading Japanese |
| 1:41.1 | cell phone provider." |
| 1:43.0 | So on the one hand, this rumor interested me because, again, it looks like |
| 1:47.1 | Masa San is considering selling things just to raise cash to shore up various balance sheets |
... |
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