The FTC drops the hammer. The FTC is unique in being the only regulator so far to actively come out against the deal which I think represents the biggest setback for the Arm acquisition to date. The FTC has announced that it will be suing Nvidia (and SoftBank) in federal court to block the acquisition of Arm by Nvidia in...
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Ford can make it alone. The ending of the partnership is a sign that expectations for Rivian are now so high that it thinks that it will be able to challenge Ford for its crown as the vendor of the workhorse of the USA. Ford is ending its relationship with Rivian and all plans to use its technology and/or...
Technology is the least of the problems. Epic Games remains the largest advocate for interoperability across platforms in gaming, but its stance will be sorely tested when players want to bring digital goods into its ecosystem which will cost it and its developers money. Tim Sweeney, the founder of Epic Games, is, without doubt, the loudest advocate for the forced...
Xiaomi could become a car company. Xiaomi appears to be planning to make at least 300,000 EVs per year which if successful could see EV revenue take over as its single biggest driver of revenue. Xiaomi missed expectations in its Q3 2021 results but still managed to grow by 8% YoY as supply shortages ate into its ability to manufacture...
China and US regulators further damage Chinese technology. Both the US and Chinese regulators have been busy this week and although they are on opposite sides both have made moves to further damage Chinese technology. Chinese regulation The Chinese Ministry of Industry and Information Technology (MIIT) is now demanding that all of Tencent’s new apps, games, and updates receive approval...
India forgoes a great opportunity. The Indian state’s desire to control its currency is so great that it is willing to forgo the huge opportunity granted to it when China outlawed cryptocurrency. India is reintroducing the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 which creates a framework by which to create a Central Bank Digital Currency (CBDC) and...
Zoom gets punished for a tiny slip again. Zoom again demonstrates that when the multiples are very high, any tiny slip compared to expectations will be harshly punished by the market. Zoom reported good results and guided nicely for the coming quarter but the bugbear of post-pandemic growth continues to dog the company which turned a 9% rally into a...
Macro and competition temper outlook Alibaba reported disappointing results and cut full-year guidance as China’s restrictive Zero COVID strategy is slowing demand and its competitors are nipping at its heels. This all comes at a time when Alibaba is also investing heavily for the future which while it is well-timed in terms of increasing competition means that in the short-term...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Intel – Sage seller
Intel should sell as much as it can. In the face of nonsensical valuations for the EV sector and Mobileye no longer being a core part of Intel, it makes complete sense to relist the company, but Intel should sell as much of the company as it can. Acquisitions are more often than not abject failures, but this one can...