Facebook Twitter Instagram
    Yeem Network
    • How To
    • Internet
    • News
    • Yeem
    • Contact
    Facebook Twitter Instagram
    Yeem Network
    Home»Yeem»FOS PM: SoftBank Could Lose $74B
    Yeem

    FOS PM: SoftBank Could Lose $74B

    Yeem.NetBy Yeem.NetDecember 18, 2021Updated:August 17, 2022No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    SoftBank
    SoftBank
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The terms of the $26 million sale of Cristiano Ronaldo to Manchester United are reportedly under investigation. Juventus officials say Italian prosecutors have ordered a search of its offices and are looking into the Serie A club’s financial accounting.
    A Federal Trade Commission action to block a merger between Nvidia and Arm could cost SoftBank $74 billion.
    The deal, agreed to in September 2020, would bring one of the world’s largest providers of chip technology, SoftBank-owned Arm, under the umbrella of a global leader in chip manufacturing.
    Nvidia is a major provider of gaming hardware and software, offering graphics cards, gaming laptops, and gaming cloud software. Revenue from its gaming division rose 42% year-over-year in the third quarter to $3.2 billion.
    The FTC said the merger would threaten Arm’s status as a neutral partner to chip producers. Arm estimated that its software is used in 25 billion chips per year.
    “The combined firm would have the means and incentive to stifle innovative next-generation technologies,” the regulator wrote.
    Nvidia, however, said that the merger would promote competition in the chip industry — and that the company would challenge the FTC suit.
    SoftBank’s Vision Fund 2 has invested at least $2.6 billion in sports and entertainment this year, and its Fortress Investment Group bought Accordia Golf for $3.5 billion last month.
    Nathan Papes/Springfield News-Leader/Design: Alex Brooks
    Outdoor sporting goods retailer Sportsman’s Warehouse and Great Outdoors Group, the parent company of Bass Pro Shops, have terminated plans of a merger, according to a regulatory filing.
    Great Outdoors first agreed to acquire Sportsman’s Warehouse in December 2020 for roughly $800 million. The merger is now off following feedback from the Federal Trade Commission indicating the two companies would not receive clearance to close the deal.
    As a result, Great Outdoors will pay a $55 million termination fee to Sportsman’s Warehouse.
    It is believed the deal would not be approved due to a call for regulators to boost competition across all industries following an executive order signed in July by President Joe Biden.
    The regulatory pushback adds to a turbulent financial year for Sportsman’s Warehouse, which has a market value of $743 million.
    A privately held company, Great Outdoors generated $7.1 billion in revenue in the 12 months ended Sept. 26, 2020, according to investor service Moody’s. Great Outdoors merged with Cabela’s in 2017 in a deal valued at $4 billion.
    SPONSORED BY BESTOW

    Technology and life insurance are finally on the same page. The innovators at Bestow have created a tech-driven term life insurance application that’s super-fast, affordable, and 100% online. 
    Married? Have kids? Whoever you’re looking to help protect, Bestow makes it easy to apply for coverage. The process is all online and takes as little as 5 minutes. There are no doctors or medical exams. Apply for coverage up to $1.5 million and get an instant decision. 
    Protect your people. Start with a fast, free quote today. It only takes a few seconds.

    Android Browsers Gaming internet Mobile Tecnology
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Yeem.Net
    • Website

    Related Posts

    Which Cryptocurrency is Easy to Mine and Profitable?

    November 12, 2022

    The Most Common Form of Trading in Most Stock Exchanges Today

    November 10, 2022

    Howard Hanna Real Estate Services

    September 13, 2022

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Facebook Twitter Instagram Pinterest
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT