Winter is coming: Can private equity keep restaurants warm?

Winter is coming: Can private equity keep restaurants warm?

In Britain, you either live near a Pizza Hut or a Pizza Express. But the pandemic may change that forever as the two casual dining rivals are shutting outlets and slashing jobs to survive the crisis. They are not alone. More than 22,000 restaurant jobs have been axed...
Co-founder of Arm attacks sale to Nvidia as a ‘disaster’

Co-founder of Arm attacks sale to Nvidia as a ‘disaster’

The $40 billion sale of British chip designer Arm to Nvidia Corp by Japan’s SoftBank is a disaster that will destroy its business model and should be blocked, Arm’s co-founder said on Monday. Struck overnight, the sale to the U.S. company just four years after...
Nvidia to buy chip designer Arm for $40 billion as SoftBank exits

Nvidia to buy chip designer Arm for $40 billion as SoftBank exits

Nvidia Corp will buy UK-based chip designer Arm from Japan’s SoftBank Group Corp for as much as $40 billion, the companies said on Monday, in a deal set to reshape the global semiconductor landscape. The sale puts a vital supplier to Apple Inc and others across...