could expose it to heightened security scrutiny by the US government.
But Arm CEO Simon Segars said the company had considered the prospect of heightened scrutiny, and concluded it would mostly be unaffected. Hauser voiced his concerns about CFIUS, the government body whose wide-ranging remit allows it to investigate business deals involving US firms and foreign entities, to on Monday.
Segars added that export constraints are rooted in where products are designed, not who their ultimate parent company is. "It isn't to do with the ownership of the company, it's all to do with the analysis of the product itself," he said.While the Arm-Nvidia deal will, if it passes regulatory scrutiny over the next year, create a powerhouse in the chip industry, it has created some anxiety in the UK.
The US is determined to control every important foreign Tech company from Arm to TikTok
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Akon City, the $6 billion smart city Akon is building in Africa - Business InsiderAkon, the pop star behind hits like 'Smack That,' is masterminding a $6 billion smart city in Africa backed by a shadowy investor. Inside Akon City, where everything will be funded by 'Akoin' and the singer hopes to reinvent his legacy. Shadowy investor He better confer with TI before doing that. Completely filthy, well done, looks fking awesome! Akon
Source: BusinessInsider - 🏆 729. / 51 Read more »
Nvidia is buying Arm from Softbank in $40 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not unexpected. Nice kevinryan681 !
Source: BusinessInsider - 🏆 729. / 51 Read more »
Former FBI agent says it's 'clear' that 'Donald Trump is compromised by the Russians' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is this the former FBI agent that illegally wiped the phone or the FBI agent that illegally forged the FISA? It’s tough to keep up! Peter strok is the source? Come on, you used to be reputable. Bull...
Source: BusinessInsider - 🏆 729. / 51 Read more »