Tech

Nvidia abandons $66 billion Arm purchase

Enlarge (credit: Arm) SoftBank’s $66 billion sale of UK-based chip business Arm to Nvidia collapsed on Monday after regulators in the US, UK, and EU raised serious concerns about its effects on competition in the global semiconductor industry, according to three people with direct knowledge of the transaction. The deal, the largest ever in the […]

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Dozens of states side with Epic in Apple App Store appeal

Enlarge (credit: Andrew Harrer | Bloomberg | Getty Images ) States are siding with Epic Games as the developer appeals a lower court ruling in its antitrust lawsuit against Apple over app store fees and payment processing. The attorneys general for 34 states and the District of Columbia have filed an amicus brief on behalf […]

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European court overturns 12-year-old €1.06 billion fine against Intel

Enlarge (credit: ony Avelar/Bloomberg) Sometimes the wheels of justice turn very slowly. A €1.06 billion ($1.2 billion) fine levied against Intel back in 2009 by the European Commission has been wiped out. In a press release announcing the ruling (PDF) handed down on Wednesday morning, the General Court of the European Union said the financial assumption […]

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Nvidia-Arm deal is probably dead, report says

Enlarge (credit: Pavlo Gonchar/SOPA Images/LightRocket) Nvidia may be walking away from its acquisition of Arm Ltd., the British chip designer, according to a report from Bloomberg. The blockbuster deal faced global scrutiny, and Nvidia apparently feels that it hasn’t made sufficient progress in convincing regulators that the acquisition won’t harm competition or national security. “Nvidia […]

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Antitrust bill that bars Big Tech self-preferencing advances in Senate

Enlarge / The dome of the United States Capitol Building in Washington, DC. (credit: Getty Images | Phil Roeder) The Senate Judiciary Committee voted 16-6 today to advance an antitrust bill that would prevent Big Tech firms from giving their own services preferential treatment. The bill attempts to limit the ability of dominant firms to […]