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Tech Brew Ride Home

Tue. 07/14 – What If Apple Bought Arm?

Tech Brew Ride Home

Amalgamated Internets, LLC

Technology, News, Tech News

4.71K Ratings

🗓️ 14 July 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Softbank looks like it might want to unload Arm, so let me blow your mind for a second: what if Apple bought Arm? The UK has completely flip flopped on Huawei, now going the full ban route. Is Google the next to line up an investment in Reliance Jio? And Amazon has unveiled a cashier negating shopping cart. Sponsors: TinyCapital.com KiwiCo.com/ride Links: SoftBank Explores Sale or IPO for Chip Designer Arm Holdings (WSJ) SoftBank hires Goldman Sachs to explore sale options for chip designer Arm after getting inbound interest, sources say (CNBC) U.K. to Ban Huawei From Its 5G Networks Amid China-U.S. Tensions (WSJ) Huawei posts revenue growth in H1 despite sanctions and pandemic (TechCrunch) Google Is in Advanced Talks to Invest $4 Billion in Jio Platforms (Bloomberg) Walmart leads $1.2 billion investment in India's Flipkart (TechCrunch) Amazon’s new smart shopping cart lets you check out without a cashier (The Verge) Google Cloud steps up privacy, security with Confidential VMs and Assured Workloads (ZDNet) Google Cloud's new BigQuery Omni will let developers query data in GCP, AWS and Azure (TechCrunch) Link from today's listener classified: CUSTOMERSERVICE.FUN Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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