Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Masayoshi Son’s SoftBank made more in Arm’s after-hours trading on Wednesday than the total amount the company lost from its disastrous bet on now-bankrupt WeWork.
In this article Follow your favorite stocksCREATE FREE ACCOUNT Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San Jose, California, on October 12, 2023. Sydney Boyo Arm reported fiscal third-quarter earnings that beat estimates and gave a strong profit forecast for the current quarter.
A US drone strike in Baghdad has killed three members of the powerful Kataib Hezbollah militia, including a high-ranking commander, according to US officials. The drone strike hit a car in the Iraqi capital – and was in response to a drone strike that killed three US troops in Jordan towards the end of January.
The world’s largest offshore wind developer has scaled back development targets and announced hundreds of job cuts as the renewable industry struggles under the pressure of rising costs. Orsted, the company developing the Norfolk coast windfarm, Hornsea 3, also suspended shareholder payments in an effort to strengthen its balance sheet. In common with the industry
The father of murdered transgender teenager Brianna Ghey has demanded an apology from Rishi Sunak, saying he was “disgusted” with the prime minister’s comments in the Commons today. Speaking to Sky News, Peter Spooner said Mr Sunak’s remarks during PMQs, which the schoolgirl’s mother Esther attended, were “degrading” and “absolutely dehumanising”. He said: “As the
In this article PCG HE Follow your favorite stocksCREATE FREE ACCOUNT Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center of the infernos. It’s a story increasingly familiar in the energy industry: Some utility companies don’t properly assess the risks wildfires pose to their
A plot to kidnap a child was being hatched in a Portuguese holiday resort a week before Madeleine McCann vanished there, Sky News has been told. Expat Ken Ralphs said that Christian B, the German drifter suspected of abducting Madeleine, tried to recruit a mutual friend to help find a youngster to sell to a
Porsche’s electric sports received a major upgrade for the 2025 model year. The new Porsche Taycan features longer range, more performance, and fast charging capabilities. 2025 Porsche Taycan gets even more performance Porsche has been testing the new Taycan model for several months now, and it’s finally here. The new electric sports sedan is upgraded
The UK is living in “truly dangerous times” with the chance of “large-scale conflict” likelier than at any point in recent history, defence officials have warned. Russia‘s war in Ukraine, Iran-linked violence in the Middle East and the potential for China to invade Taiwan are among the challenges that could spark a sudden escalation. At
Artists including Central Cee, Raye, Potter Payper and Dave have been recognised at the MOBO Awards. Celebrating black music in the UK and internationally, the 26th MOBOs ceremony also saw special achievement prizes awarded to Soul II Soul, Sugababes and Ghetts. Fresh from being announced as the most nominated artist ever for this year’s Brit
Rishi Sunak has been criticised for aiming a political jibe about transgender people at Labour leader Sir Keir Starmer – while Brianna Ghey’s mother Esther attended PMQs. In Prime Minister’s Questions, his weekly showdown with MPs and the leader of the opposition, Mr Sunak said the Labour leader had broken promises on “defining a woman”.
The culture secretary will hold talks this week with the Premier League and its 20 clubs amid the continuing impasse over a financial redistribution deal for English football. Sky News has learnt that Lucy Frazer will attend a dinner on Thursday evening with executives from the top-flight clubs, as well as Alison Brittain, the Premier
Former Neighbours star Holly Valance has described “leftie” ideas as “crap” and backed Jacob Rees-Mogg for prime minister. The actress, model and former singer, who topped the charts in the UK and Australia with her hit song Kiss Kiss in 2002, made the comments at the launch of former prime minister Liz Truss’s Popular Conservatism
Los Angeles has recorded at least 475 mudslides after one of the wettest storms in the history of southern California. Officials are warning of further mudslides and flooding after a large amount of the city’s average annual rainfall fell in just three days – while seven deaths have been reported across the state. LA mayor
A man has been awarded the Guinness World Record for the world’s tallest structure using matchsticks – after first having his effort rejected. The Frenchman, Richard Plaud, had built a model of the Eiffel Tower using over 700,000 matchsticks, but said that they rejected him because the structure must be built from matches that are
Two people have been killed in Kyiv after Russia launched a ferocious salvo of missiles and drones in attacks across Ukraine. Ukraine’s army chief, Valeriy Zaluzhnyi, said Russian forces fired 64 missiles and drones in several waves of attack on Wednesday morning. A total of 29 missiles and 15 drones were shot down by Ukraine’s
As the next general election draws closer, three political powerhouses are uniting to unravel the spin in a new weekly podcast from Sky News. Launching on 1 March, Electoral Dysfunction will bring together our Political Editor Beth Rigby, Labour MP Jess Phillips and former leader of the Scottish Conservatives Ruth Davidson to analyse the week
The Dubai skyline. Umar Shariff Photography Wheely, a luxury-focused competitor to ride-hailing giant Uber, is launching in Dubai as the company looks to reembark on an international expansion effort that was quashed by Covid in 2020. The company, founded by Russian-Swiss entrepreneur Anton Chirkunov, told CNBC it will offer rides in the United Arab Emirates
A Palestinian petrol station attendant stands at empty pumps at a closed petrol station in Rafah in the southern Gaza Strip on November 5, 2023, amid the ongoing battles between Israel and the Palestinian group Hamas. Said Khatib | AFP | Getty Images Oil prices rose Tuesday as investors weighed efforts to negotiate a truce
Photo: Hornsea Project Europe’s coal electricity generation tanked by 26% and gas by 15% in 2023, according to a new report from energy think tank Ember. That collapse resulted in an impressive 19% reduction in the EU’s power sector emissions. What’s more, for the first time, wind power, which grew by 18%, surpassed gas, which