(Bloomberg) — Nvidia Corp. is abandoning its purchase of Arm Ltd. from SoftBank Group Corp., according to people familiar with the situation, bowing to regulatory opposition and ending what would have been the chip industry’s largest deal. Most Read from Bloomberg SoftBank now plans to proceed with an initial public offering of Arm, in lieu of the deal, according to the people, who asked not to be identified because the move isn’t yet public. The IPO is expected to happen in the fiscal… Source link

Contracts on Wall Street’s key benchmarks crawled in post-market trading Monday after U.S. stocks closed lower to end a choppy session wrought by mixed corporate earnings and renewed Federal Reserve worries ahead of a fresh inflation report due out this week. Futures on all three main indexes were flat ahead of overnight trading after equities extended a streak of volatility that has become the norm this year so far. In Monday’s main session, the S&P 500 faltered after its best weekly rise… Source link

INDIANAPOLIS – A bipartisan group of attorneys general is suing Google, claiming the tech giant can track your location even when you believe that setting is turned off in your account. “When you carry your smartphone around or you interact with Google, you are giving up a tremendous amount of your privacy,” said Indiana Attorney General Todd Rokita, who is among those taking legal action. The lawsuits allege Google misled its users between at least 2014 and 2019. They… Source link

It appears that the final head coach opening of the offseason has been filled. According to ESPN’s Adam Schefter, the New Orleans Saints are promoting from within to replace Sean Payton, naming defensive coordinator Dennis Allen as their new head coach. Payton announced in late January that he would be stepping down as head coach, ending a 16-year run that included nine playoff appearances and one Super Bowl win. Allen, 49, has been the Saints’ defensive coordinator since 2015. Prior to that,… Source link

You’re already going to be watching when Los Angeles and Cincinnati square off this Sunday, so why not make the experience even more fun — and potentially profitable — by joining our free-to-play Big Game prop quiz. Put your predictive skills to the test with our low-risk, high-reward Yahoo Fantasy Slate contest where you can win up to $10K. And again, the best part is, it’s totally free to play! You’ll get to make picks on things like who wins the Big Game, will a QB win MVP and which… Source link

(Bloomberg) — Peter Thiel, the tech investor and conservative provocateur who has advised Mark Zuckerberg for nearly two decades at Facebook parent Meta Platforms Inc., will step down from the company’s board after Meta’s annual shareholder meeting in May. Most Read from Bloomberg Thiel, 54, who became a director in 2005 after an early investment in Facebook, plans to increase his political support of former President Donald Trump’s agenda during the 2022 election and doesn’t want his… Source link

Out with the old and entrenched board members at struggling Kohl’s, in with the new and open-minded. That’s the hot take from Yahoo Finance’s chat on Monday with activist investor Macellum Capital, which is back in the trenches slinging the mud at Kohl’s after a bizarre bit of posturing by the retailer Friday. “The board doesn’t appear to be working on shareholders’ behalf. It’s troubling to us, and we will continue to put pressure on the board by nominating another slate and give shareholders… Source link

Try to find Apple (AAPL) CEO Tim Cook’s home on the street view modes of Google Maps or Apple Maps, and you’ll hit a pixelated brick wall. It’s no accident, either. Cook’s house went incognito after he won a restraining order against an alleged stalker in January. But Cook isn’t the only person who can make his home disappear from two of the most used mapping apps out there. Regular users can do the same thing, especially if you happen to find their street view features a bit too… Source link

Google is rolling out its February update for Pixel phones running Android 12, which is meant to fix a few camera, Bluetooth, and keyboard issues. The company says that some users will start getting the update today and that the “rollout will continue over the next week in phases depending on carrier and device.” Google’s previous update process was a bit of a fiasco for Pixel 6 owners, so hopefully, this one ends up being more routine. If you’ve got one of Google’s latest… Source link

GameStop Chairman Ryan Cohen — aka leader of the meme stock army (apologies to AMC CEO Adam Aron) — has grand ambitions for the company, says its new NFT marketplace partner. “The default is gaming,” Immutable X co-founder Robbie Ferguson said on Yahoo Finance Live when asked about Cohen’s vision for GameStop. “The one-stop, ultimate destination in which everyone can come and trade their in-gamed owned items.” Ferguson’s team will help GameStop achieve that mission. The pair inked a deal… Source link