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Arm CEO Denounces IPO Chatter, Says NVIDIA Acquisition Is Critical Path Forward – Forbes

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There were a number of interesting developments regarding NVIDIA’s potential $40B acquisition of Arm over the past couple of weeks. High-ranking executives from three of Arm’s key chip partners – namely MediaTek, Marvell and Broadcom – all came out in favor of the deal, citing similar reasons for support. To summarize, the execs claimed that investments by NVIDIA, in conjunction with the company’s deep expertise in graphics processors (GPUs) and artificial intelligence (AI), would ultimately benefit Arm and bolster the entire chip industry that relies on Arm’s IP ecosystem. They also went on record affirming their belief that NVIDIA would continue Arm’s open licensing model and not limit partner access to bleeding-edge Arm technology.

It is no surprise that multiple industry heavyweights have spoken out about the potential deal. NVIDIA’s acquisition of Arm could have far reaching implications that resonate throughout the technology industry, due to the pervasiveness of Arm’s IP and the company’s current business model, which licenses core processor architecture innovations to many chip partners. Arm technology is quite literally everywhere, from cellphones to cars, industrial equipment, the IoT, and the data center.

Arm CEO Says NVIDIA Is The Way, Not IPO

However, there are some players in the space that aren’t quite as keen on NVIDIA’s plans. Some recent chatter also suggested that there is an opportunity for Softbank, the current Japanese owner of Arm, to consider an IPO option. In lieu of NVIDIA’s acquisition, an IPO could allow some of Arm’s partners to directly invest in the company, to help solidify its financial positions and maintain the status quo. Simon Segars, the current CEO of Arm Holdings plc, however, took to the company’s blog today to quash the IPO idea and reaffirm his support for the NVIDIA acquisition, stating that it was essentially the only viable path forward.

Segars made a number of assertions, which seem to make sense in the current climate. With the rapid pace of innovation and advancement in the machine learning (ML) and artificial intelligence (AI) space, a straightforward cash infusion from an IPO isn’t ideal and doesn’t cater to Arm’s unique needs. Segars asserts that Arm would benefit significantly more by partnering with a leader in the AI field, which is exactly what NVIDIA is, and that NVIDIA’s expertise, in conjunction with the cash infusion that would come by way of the $40 billion acquisition, is the best path forward.

“Now is the time for us to take our scale to the next level to address the technology challenges ahead. We contemplated an IPO but determined that the pressure to deliver short-term revenue growth and profitability would suffocate our ability to invest, expand, move fast and innovate. Combining with NVIDIA will give us the scale, resources and agility needed to maximize the opportunities ahead. This deal is the best opportunity for Arm and our customers and will enable the UK to be a meaningful industry player in the age of AI,” noted Segars in his post this morning.

Arm Chief Underscores Commitment To Investment In The UK

It is also worth noting that Softbank considered an Arm IPO last year, but ultimately decided that engaging with NVIDIA was the better move. Further, with respect to the notion that an NVIDIA acquisition would be detrimental to jobs and economic growth in the UK tech industry, Segars firmly insists that NVIDIA “will not siphon investment away from the UK,” rather it will invest specifically in the expansion of Arm’s Cambridge headquarters to help build a “world-class AI research facility,” at the center of which will be one of the world’s most powerful Arm-powered supercomputers for leading scientists, engineers and researchers to harness for the evolution of AI, which is certainly one of the most critical technology growth areas of our time.

Further, in an interview with the Telegraph, Segars goes on to suggest that an IPO would be the “worst place to go” suggesting Arm would need to cut costs after its long-term investment in staffing. “We’ve got over 6,400 people today, that is significantly higher than what it was when we were acquired [by SoftBank], and our profitability is very, very low,” Segars notes. In fact, this statement suggests maybe, if the acquisition isn’t approved, Arm may actually have to trim head count.

The Arm Chief continues with reassurances that both Arm and NVIDIA are committed to maintaining the company’s open licensing model, noting that it’s an “economic and commercial necessity,” which makes sense as well. Arm’s entire business model is centered around partner adoption and implementation of its core IP. If the combined entity moved to close this off in any significant way, it would be like biting off its nose to spite its face.

There’s a bit more road ahead to travel with the regulatory approval process in any potential NVIDIA-Arm acquisition deal, but there’s one thing for certain and it’s that Arm’s executive leadership is firmly behind the acquisition and truly believes NVIDIA is its best partner moving forward, not only for its massive $40 billion dollar investment, which is the biggest the semiconductor industry has ever seen, but for the strategic synergies that NVIDIA brings to the table for Arm. When it comes to AI and the breakneck pace of innovation that the technology industry in general is currently marching towards, we’re bound to have at least a couple of these tectonic shift-like events like this. You learn to be surprised by almost nothing.

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Chatelaine Is Now Available On Apple News+ – Chatelaine

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Current and back issues of Chatelaine and all SJC Media titles are available on this premium, all-you-can-read app

If you love magazines, you should get to know Apple News+. Think of it as a digital journalism buffet, an all-access pass to all your favourite magazine and newspaper titles for a subscription of $12.99 a month for the whole family.

What is Apple News+?

If you have an Apple device, you’re likely familiar with Apple News, a news aggregator app designed for the Apple ecosystem, accessible on iPhone, iPad or Mac. While it offers many articles for free—particularly breaking, trending and local news—Apple News also carries paywalled content that requires an Apple News+ subscription to access. Remember Texture? Apple acquired it in 2018 and evolved it into News+, giving readers access to an unprecedented volume of magazine issues, including back issues from 2018 on. Dubbed the “Netflix of magazines,” Apple News+ offers unlimited access to more than 300 magazines, newspapers and publications for a subscription fee of $12.99 per month after a free one-month trial. The subscription can be shared among a family of up to six people with the Family Sharing feature.

What are the benefits of reading Chatelaine on Apple News+?

Apple News+ reflects the ongoing evolution of digital magazines and the enduring value of consuming content in the packaged issue format, created to provide an immersive, premium-content experience. The Apple News+ platform makes a strong case for consuming magazine issues digitally, with proprietary formatting and ease-of-use features like a simple, ubiquitous table of contents that takes you right to a story, the ability to share and save individual stories, and thumb-scrolling design—no zooming necessary (though font settings are provided if you need it). Titles can also be downloaded to read offline—perfect for disconnected plane rides or mobile data savers. Issues usually drop on Apple News+ first (before print subscribers and newsstand) and sometimes include exclusive “live covers,” where video, animations and other interactive elements level up the reading experience.

How can I find Chatelaine on Apple News+?

Open the Apple News app on your Apple device. Hit the search tool, search for Chatelaine and then hit the plus sign on the right to add it to your library. A pop-up will let you opt in to notifications so you’ll be in the know when new stories or issues are published.

To access the landing page for Chatelaine, go to the Following tab at the bottom and navigate to your title. There you’ll see the latest news and stories from the brand, the past few issues as well as the topics we cover. You can also activate Family Sharing via the Following tab.

Continue to add other titles to your News+ library via the search or Following screens; all titles you’ve selected will automatically download when a new issue is ready. Hit the three dots at the bottom of the cover image to download the issue or browse back issues. Happy reading!

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'Update Immediately': Govt Issues Vulnerability Warning for iPhones, iPads – The Quint

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This vulnerability exists in IOMobileFrameBuffer of Apple iOS and iPadOS due to memory corruption issues with inadequate memory handling. “A remote attacker with kernel privileges can exploit this vulnerability using a maliciously crafted application,” the agency explained.

Not updating to the latest software versions may allow attackers to gain elevated privileges on a targeted system.

Apple had also warned users that this issue may have been actively exploited.

Meanwhile, the new iOS 14.7.1 also fixes an issue where iPhone models with Touch ID cannot unlock a paired Apple Watch using the ‘Unlock with iPhone’ feature.

(With input from The Times of India)

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PS5 Firmware Update Will Improve Create Mode Functionality – Push Square

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This PlayStation 5 firmware update that’s currently in beta testing sure has a lot of enhancements to look forward to. As well as allowing us to upgrade SSD storage, making improvements to the operating system, and displaying Trophy lists the way God intended, PS5’s Create functionality is set to receive some nice quality of life updates too.

The firmware’s extensive patch notes have been typed out in full, and they list some relatively small but notable improvements to Create mode. Firstly, when you take screenshots, you’ll be able to disable the on-screen confirmation notification that appears in the top right. This will stop it from appearing in later captures if you’re taking multiple at once.

When you’re recording a video, an on-screen timer remains at the bottom of the screen. With this update, the timer will disappear after three seconds and will reappear when needed, which is nice. If you want to save recent gameplay, Sony is adding more video length options. Next up, when you’re editing screenshots before sharing them, the number of fonts for adding text has been expanded.

Finally, the update will include more options for enabling or disabling certain audio from video clips or when broadcasting. You’ll be able to toggle your personal mic audio and party audio on or off, depending on what you want.

Again, nothing monumental here, but certainly some nice improvements for when you’re creating and sharing screens and videos. Will you be making use of these new improvements? Share your thoughts in the comments below.

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