News Snapshot:
By: Bloomberg | October 21, 2020 1:44:52 pm Nvidia’s record deal to buy Arm was always expected to encounter major hurdles from regulators in countries sparring over trade, as well as customers concerned the transaction will limit competition and unfairly favour Arm’s future owner. (Image: Bloomberg) Chinese technology companies including Huawei Technologies Co have expressed strong concerns to local regulators about Nvidia Corp’s proposed acquisition of Arm Ltd, people familiar with the matter said, potentially jeopardizing the $40 billion semiconductor deal. Several of the country’s most influential tech firms have been lobbying the State Administration for Market Regulation to either...
