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JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs/File Photo Acquire Licensing RightsLONDON, Sept 26 (Reuters) - JPMorgan's (JPM.N) British retail bank Chase will ban crypto transactions made by customers from Oct. 16 due to an increase in fraud and scams, the company said on Tuesday. "We've seen an increase in the number of crypto scams targeting UK consumers, so we have taken the decision to prevent the purchase of crypto assets on a Chase debit card or by transferring money to a crypto site from a Chase account," a spokesperson for the bank said. JPMorgan has attracted more than 1.6 million customers to its Chase retail bank since launching the mobile app-based service in Britain two years ago, and plans to roll out the consumer bank in other international markets over time. Spain's Santander said last year it would block UK customers from sending real-time payments to crypto exchanges as part of measures to protect customers from scams.

Persons: Caitlin Ochs, Chase, Spain's Santander, Iain Withers, Tom Wilson, Susan Fenton, Christina Fincher Organizations: JPMorgan Chase Bank, REUTERS, Chase, JPMorgan, NatWest, Thomson Locations: New York City, U.S, Chase, Britain

☆ Candy Crush Saga hits $20 billion revenue milestone, maker King says
▼ + stars: | 2023-09-26 | by ( Paul Sandle | ) www.reuters.com time to read: +2 min

[1/2] Mascots dressed as characters from the mobile video game "Candy Crush Saga" pose outside the New York Stock Exchange ahead of the IPO of Mobile game maker King Digital Entertainment Plc March 26, 2014. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsLONDON, Sept 27 (Reuters) - Candy Crush Saga, the matching game played by millions on their commute, has reached $20 billion in revenue since its 2012 launch, maker King said, adding that it would soon release levels up to 15,000 for the most dedicated players. King President Tjodolf Sommestad said Candy Crush Saga and its other titles like Farm Heroes Saga showed that mobile games could have enduring appeal. Todd Green, Candy Crush general manager, said the game was constantly updated to make it more satisfying, from optimising the tiny bounce when candies land in the grid to adding new levels, including the 15,000 milestone. "Candy Crush took us a few months to build but we added 10 years of development after that."

Persons: Brendan McDermid, King, Tjodolf Sommestad, Candy, Sommestad, Todd Green, Candy Crush, Crush, Paul Sandle, Bill Berkrot Organizations: New York Stock Exchange, Mobile, King Digital Entertainment, REUTERS, Facebook, Activision Blizzard, Microsoft, Thomson Locations: U.S

☆ Capcom shares lunge 6% on 'Monster Hunter' mobile launch
▼ + stars: | 2023-09-25 | by ( Sam Nussey | ) www.reuters.com time to read: +1 min

TOKYO, Sept 25 (Reuters) - Japanese video game company Capcom (9697.T) enjoyed a 6% jump in its stock price on Monday as gamers flocked to the mobile instalment of its long-running "Monster Hunter" franchise, developed with "Pokemon Go" maker Niantic. "Monster Hunter Now", which combines monster fighting action with the location-based gameplay of "Pokemon Go", has been downloaded 5 million times since its Sept. 14 launch, Niantic said last week. The strong start is a boost for Capcom, whose shares have gained a third this year supported by the strength of franchises such as "Resident Evil". In Japan, where the "Monster Hunter" franchise has a loyal following, the new game is the top grossing app on Apple's iOS, showed data from Sensor Tower, ahead of local favourites such as horse racing idol game "Uma Musume Pretty Darby" and manga app Piccoma. "Monster Hunter Now" has received praise for translating the storied series for a mobile audience.

Persons: Hunter, Niantic, Darby, Serkan Toto, Sam Nussey, Christopher Cushing Organizations: Capcom, Kantan Games, Thomson Locations: TOKYO, Japan

☆ Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
▼ + stars: | 2023-09-23 | by ( ) www.cnbc.com time to read: +4 min

Ukraine on Saturday morning launched another missile attack on Sevastopol on the occupied Crimean Peninsula, a Russian-installed official said, a day after an attack on the headquarters of Russia's Black Sea Fleet left a serviceman missing and the main building smoldering. The Russian Defense Ministry initially said that Friday's strike killed one service member at the Black Sea Fleet headquarters, but later issued a statement that he was missing. It said the air force conducted 12 strikes on the Black Sea Fleet headquarters, targeting areas where personnel, military equipment and weapons were concentrated. Crimea has served as the key hub supporting Russia's full-scale invasion of Ukraine. Sevastopol, the main base of Russia's Black Sea Fleet since the 19th century, has had particular importance for navy operations since the start of the war.

Persons: Sevastopol Mikhail Razvozhaev, Razvozhaev, Mikhail Razvozhayev, Vladimir Putin, Read, Biden, Kyrylo Budanov, Alexander Romanchuk, couldn't, Yuri Malashko, Malashko, Oleksandr Prokudin, Prokudin Organizations: Saturday, Fleet, Ukraine Telegram, Ukrainian, America, Black, Russian Defense Ministry, Institute for, Military, Russia, Gov Locations: Sevastopol, Sevastopol Shipyard, Crimea, Ukraine, Crimean, Russian, Vilne, Russia, Dnipropetrovsk, Kherson

Once you unblock someone, you'll be able to see their Facebook posts again and send them direct messages. In the resulting drop-down menu, click Settings & privacy and then click Settings. Click Unblock next to the person's name who you wish to unblock. AdvertisementAdvertisementHow to unblock someone on Facebook via the Facebook mobile app1. Tap Unblock next to anyone's name, and then confirm by tapping Unblock again.

Persons: you'll, You'll Organizations: Facebook, Service Locations: Wall, Silicon

☆ A 19-year-old died after a concrete mixer he was inside cleaning was accidentally started up. His employers could have prevented his death, the Labor Department says.
▼ + stars: | 2023-09-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A 19-year-old worker suffered "fatal injuries" after cleaning out a concrete mixer, the Department of Labor says. The machine restarted while he was inside, the DOL said. The DOL called his death a "preventable tragedy" and proposed penalties totalling $245,546. "As one of the workers left the mixer, the machine restarted with the other inside," causing him to suffer "fatal injuries," the DOL said. He called the worker's death a "preventable tragedy."

Persons: DOL, Jose A, Gonzalez Organizations: Department of Labor, Service, Foley Products Company, Safety, Health Administration, Transportation, City of Locations: Wall, Silicon, Cantonment, Florida, Georgia, Mobile , Alabama, Alabama, North Carolina, South Carolina, Tennessee, City of Atlanta

☆ Your Fitbit and Apple Watch may wind up hurting you
▼ + stars: | 2023-09-21 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +13 min

AdvertisementAdvertisementWhen numbers take overThe 10,000-step benchmark has generally been the baseline goal for smartphone apps and fitness trackers. When the Fitbit tracker launched in 2009, 45 years after Yamasa's gadget cemented the 10,000-steps ideal in the public consciousness, it kick-started a boom in fitness wearables and spawned a frenzy for health data. This flood of easily accessible health data has certainly had some positive effects. Many fitness-tracking products also incorporate social-sharing features, which can give us a better perspective on how our exercise habits stack up against our friends', providing a little healthy competition as motivation. Many health- and fitness-tracking apps and wearables issue notifications throughout the day to urge their users toward their movement goals.

Persons: I've, Amanda Paluch, —, Paluch, John Toner, Toner, Cathleen Kronemer, Louis, she's, Kronemer, there's, I'm, Kelli María Korducki Organizations: Apple, US Department of Health, Human Services, University of Massachusetts Amherst, University of Hull, Health, Washington University School of Medicine, — Locations: East Asia, St, New York City

☆ Evidence suggests errant Ukrainian missile caused market deaths - New York Times
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

Press service of the Interior Ministry of Ukraine/Handout via REUTERS/File Photo Acquire Licensing RightsSept 19 (Reuters) - Evidence suggests a deadly explosion at a busy market in the eastern Ukrainian city of Kostiantynivka this month was caused by an errant missile fired by Ukraine, the New York Times reported on Tuesday. Ukraine has said the Sept. 6 blast, which killed at least 16 people, was caused by a Russian missile. "Evidence collected and analyzed by The New York Times, including missile fragments, satellite imagery, witness accounts and social media posts, strongly suggests the catastrophic strike was the result of an errant Ukrainian air defense missile fired by a Buk launch system," the newspaper reported. The New York Times quoted a spokesperson for Ukraine's armed forces as saying the country's security service was investigating the incident, and under national law could not comment further. A spokesperson for Ukraine's military command referred Reuters to that comment cited in the New York Times story.

Persons: Anna Pruchnicka, Timothy Heritage, Gareth Jones Organizations: Police, Press, Interior Ministry of, REUTERS, New York Times, The New York Times, Reuters, Thomson Locations: Russian, Ukraine, Kostiantynivka, Donetsk region, Interior Ministry of Ukraine, Handout, Ukrainian, Druzhkivka, Russia

☆ Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million
▼ + stars: | 2023-09-18 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +1 min

Fourth Paradigm (also known as 4Paradigm) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsSYDNEY, Sept 18 (Reuters) - Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched on Monday. Beijing Fourth Paradigm, an AI startup, is aiming to raise up to $144 million by selling 18.4 million shares in a price range of HK$55.60 to HK$61.16 each, according to its regulatory filings. Separately, Chinese cloud hospital platform Neusoft Xikang is aiming to raise $81 million to $101 million by selling 133.8 million shares, regulatory filings showed. ZX Inc, the mobile games operator, is selling 18.97 million shares in a range between HK$11 to HK$14 each to raise between $27 million and $34 million, according to its prospectus.

Persons: Aly, Scott Murdoch, Stephen Coates Organizations: Artificial Intelligence, REUTERS, Rights, HK, New China Capital Management, Commerce Department, ZX Inc, Thomson Locations: Shanghai, China, Beijing, Hong Kong, Sydney

☆ Web3 music platforms are combining new tech with Web2 features to give artists better compensation and 'create dope consumer experiences'
▼ + stars: | 2023-09-18 | by ( Diana Umana | ) www.businessinsider.com time to read: +12 min

Web3 music platforms are changing the industry, giving artists better payouts and ways to reach fans. Orin FleurimontThe importance of direct-to-consumer offerings for music artists has never been more evident. It also uses familiar terminology throughout its platform and in marketing, similar to what one would find on traditional music platforms. The benefit of this hybrid approach is clear: In April, when much of the Web3 music space faced uncertainty, Even closed its $2.2 million seed round. Safeguarding security and enhancing educationWhile integrating Web3 and Web2 experiences on music platforms offers promising benefits, there are drawbacks and areas for improvement.

Persons: Tanerélle, Orin Fleurimont, Web3, Mag Rodriguez, Weston Rich, Rodriguez, Eric Bellinger, Shaun, Snoop Dogg, Tayla Parx, Bobby Shmurda, Andreessen Horowitz, Sound.XYZ, David Greenstein, Pablo Sáez David Greenstein, Brett Shear, Christopher Lee, Erin Leydon, Lee, merch, Vérité, IYK, Jamie Kim, Audius Organizations: Service, Spotify, Apple, PTC, Investments, IYK, IRL, Atlantic Records, NFC Locations: Wall, Silicon, Web3, Sound.XYZ

☆ The hot IPO everyone was focused on is about to have a big sell-off, Bernstein predicts
▼ + stars: | 2023-09-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The stock market may have gotten ahead of itself with the excitement around the initial public offering of Arm Holdings , according to Bernstein. In addition, we remain more conservative on their ability to deliver increased royalty rates at the pace management is guiding," the Bernstein note said. ARM 5D mountain Shares of Arm are still up from their IPO price of $51 per share. Bernstein has a price target of $46 per share for Arm, which is about 24% below where the stock closed on Friday. With the mobile end market maturing, we think expectations for top line growth are too optimistic," the note said.

Persons: Bernstein, Sara Russo, — CNBC's Michael Bloom Organizations: Arm Holdings, ARM

European Central Bank (ECB) President Christine Lagarde speaks to the media following the Governing Council's monetary policy meeting at the ECB headquarters in Frankfurt, Germany, July 27, 2023. Lagarde stigmatised the leak at the start of the two-day meeting, a criticism that was echoed by several colleagues. But as borrowing costs were pushed higher, more policymakers expressed reservations about further hikes, the sources said. Lagarde has spared no effort in trying to woo her colleagues. In return, she asked for governors to stop trashing policy decisions once taken, keep internal disputes out of the media and put their phones away while colleagues were speaking.

Persons: Christine Lagarde, Kai Pfaffenbach, Mario Draghi, Claudia Buch, Andrea Enria, Lagarde's, Lagarde, Weeks, Draghi, Francesco Canepa, Mike Harrison Organizations: European Central Bank, ECB, REUTERS, SANTIAGO DE, Central Bank, Reuters, Governing Council, Single, Thomson Locations: Frankfurt, Germany, FRANKFURT, SANTIAGO, SANTIAGO DE COMPOSTELA, Draghi

☆ The Sweeping, and Puzzling, Crackdown on College Athletes’ Betting in Iowa
▼ + stars: | 2023-09-15 | by ( Jared Diamond | ) www.wsj.com time to read: 1 min

DES MOINES, Iowa—In early May, agents from the Iowa Division of Criminal Investigation fanned out across the state and beyond with search warrants in hand. Their mission was to seize the mobile phones and other electronic devices belonging to a group of current and former athletes from the University of Iowa and Iowa State University.

Organizations: DES, Iowa Division, Criminal Investigation, University of Iowa, Iowa State University Locations: DES MOINES, Iowa

☆ Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.
▼ + stars: | 2023-09-14 | by ( Mark Reeth | ) www.businessinsider.com time to read: +9 min

Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.

Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China

☆ SoftBank's Arm set to debut on Nasdaq after biggest IPO since 2021
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 14 (Reuters) - SoftBank's chip designer Arm Holdings (ARM.O) is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a listing drought that lasted for nearly 16 months. Hopes of a revival in the IPO market largely depend on the success of the high-profile listings of Arm and other marquee startups, including grocery delivery firm Instacart and marketing firm Klaviyo. Arm also told investors its royalty fees, which account for most of its revenue, were accumulating since it started collecting them in the early 1990s. Royalty revenue came in at $1.68 billion at the latest fiscal year, up from $1.56 billion a year ago.

Persons: Dado Ruvic, iPhones, it's, Susannah Streeter, Hargreaves Lansdown, Goldman Sachs, JPMorgan Chase, Manya Saini, Niket, Arun Koyyur Organizations: REUTERS, Arm Holdings, Nasdaq, U.S, Apple, Intel, London Stock Exchange, SoftBank, Android, Nvidia, Devices, Broadcom, Qualcomm, Micron Technology, Barclays, JPMorgan, Mizuho Financial Group, Thomson Locations: Samsung's, China, New York, Bengaluru

☆ Using the wrong USB-C charger could permanently ruin your new iPhone 15
▼ + stars: | 2023-09-14 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Using low-quality USB-C chargers could make it easier to accidentally fry your phone. This is because some USB-C connectors don't have safeguards for electricity surges. This is the first time a new iPhone charger will be launched in over a decade. Apple recommends that iPhone owners use Apple chargers or other brands that meet certain safety regulations. MFi phone chargers have to pass safety regulations to make sure that users are not at risk while charging their devices.

Persons: Jessa Jones, Brian X, Chen, Jones Organizations: Service, Apple, New York Times, MFi, Amazon, Times Locations: Wall, Silicon

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ Attack on Russian warships at a Black Sea naval base shows Ukraine's big offensive is more than meets the eye and making Crimea 'untenable' for Moscow's forces
▼ + stars: | 2023-09-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +10 min

AdvertisementAdvertisementBlackSky imagery captured work being done at the Sevastopol Shipyard dry docks in Russian-occupied Crimea on September 12, 2023. His remarks were an apparent reference to increasing tensions around the Black Sea and Russia's threats to civilian merchant vessels after Moscow withdrew from the crucial Black Sea grain deal. Podolyak said attacks on the Black Sea fleet are a critical way to respond to Russian aggression in the region. AdvertisementAdvertisementView of a damaged Russian ship following a Ukrainian missile attack on Sevastopol, Crimea September 13, 2023 in this social media image. Ukraine has also been taking aim at ships operating in the Black Sea, stepping up the pressure further.

Persons: Ben Hodges, —, Mykhailo Podolyak, Volodymyr Zelenskyy, Podolyak, Sevastopol Mikhail Razvozhaev, Razvozhaev, Mikhail Razvozhaev, Hodges Organizations: Wednesday, US Army, Service, REUTERS, REUTERS Ukrainian, Armed Forces, Kyiv, AP, Russian General Staff, Telegram, Army Tactical Missile, ЧКОГПУ Locations: Ukraine, Russian, Crimea, Sevastopol, Russia, Wall, Silicon, Crimean, Kyiv, US Army Europe, Ukrainian, Moscow, Sevastopol’s, Sevastopol Shipyard, Russia's, . Washington

☆ VIEW Reactions to EU probe of Chinese electric cars imports
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +6 min

EUROPEAN COMMISSION PRESIDENT URSULA VON DER LEYEN"Global markets are now flooded with cheaper electric cars. "So I can announce today that the Commission is launching an anti-subsidy investigation into electric vehicles coming from China. UK TRADE MINISTER KEMI BADENOCH"I think it just highlights the difficulties that all countries are having with the supply chain for electric vehicles. "China's apparent advantage and cost-competitive imports are already impacting European auto makers' domestic market share, with a massive surge in electric vehicle imports in recent years. At the same time, the US Inflation Reduction Act (IRA) is also a game-changer in the electric vehicle value chain.

Persons: Annegret, URSULA VON DER, LAURENCE BOONE, BRUNO LE MAIRE, Von der, KEMI BADENOCH, MATTEO SALVINI, SIGRID DE VRIES, AIWAYS, ALEXANDER KLOSE, Aiways, KINGSMILL, they've, They've, STUART COLE, AJ BELL, DANNI HEWSON, Josephine Mason, Catherine Evans, Louise Heavens Organizations: REUTERS, European Commission, European Union, FRENCH FINANCE, EU, League, GENERAL, Volkswagen, BMW, Tesla, INSTITUTE SENIOR, CITI, Reuters, Thomson Locations: Berlin, Germany, China, Europe, Brussels

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. Yet even with this lower valuation, SoftBank fares better than its $40 billion deal to sell Arm to Nvidia Corp (NVDA.O), which it abandoned last year amid opposition from antitrust regulators. Arm priced its IPO at $51 per share, at the top of its indicated range, raising $4.87 billion for SoftBank based on 95.5 million shares sold, the company said on Wednesday. Weak mobile demand during a global economic slowdown has caused Arm's revenue to stagnate. Sales in China contributed 24.5% of Arm's $2.68 billion revenue in fiscal 2023.

Persons: Dado Ruvic, Echo Wang, Anirban Sen, Sandra Maler, Greg Roumeliotis, Richard Chang Organizations: REUTERS, Arm Holdings, SoftBank Group Corp, Nvidia Corp, Reuters, Apple, Nvidia, Devices, Intel, Samsung Electronics, stagnate, Sales, Thomson Locations: New York, China, United States

☆ SpaceX's Starlink falls short of growth expectations despite revenue surge - WSJ
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Nacho Doce/File Photo Acquire Licensing RightsSept 13 (Reuters) - SpaceX's satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets set by CEO Elon Musk, the Wall Street Journal reported on Wednesday, citing documents. The company had in a 2015 presentation projected the division would generate almost $12 billion in revenue and $7 billion in operating profit in 2022, the report said. Starlink has been in the spotlight since last year as it helps provide Ukraine with satellite communications key to its war effort against Russia. Musk had said in 2021, before the Ukraine war, that SpaceX will list Starlink when its cash flow is reasonably predictable. The Journal reported last month that SpaceX's surging revenue helped it turn a small profit in the first quarter of 2023 after two annual losses.

Persons: Elon Musk, Nacho, Starlink, Musk, Arsheeya Organizations: SpaceX, Mobile World Congress, REUTERS, Wall Street, Russia, U.S . Department of Defense, Thomson Locations: Barcelona, Spain, Ukraine, Bengaluru

The Quest 2 controllers are a slightly refined update to the original Quest controllers, which feature separate grip and trigger buttons, three face buttons and a joystick. Start the Meta Quest app on your mobile device and sign into your account. Dave JohnsonFinally, tap Pair New Controller and tap the name of the controller (left or right) that you want to pair. Choose the kind of Meta Quest controller you want to pair and then follow the directions. Start the Meta Quest app on your mobile device and sign into your account.

Persons: Dave Johnson, you've, it's Organizations: Service, AA, Meta, Press Locations: Wall, Silicon

Arm may price its IPO above the indicated price range and will decide on how much it will sell its shares for on Wednesday, that source and a second person with knowledge of the matter said. Arm was considering publishing a revised price range that would have been higher, reflecting the strong investor demand. Pricing the approximately $5 billion IPO conservatively raises the chances of the shares trading strongly at their debut on Thursday, the sources added. The valuation that Arm has been seeking thus far represents a climb-down from the $64 billion valuation at which SoftBank last month acquired the 25% stake it did not already own in the company from the $100 billion Vision Fund it manages. Sales in China contributed 24.5% of Arm's $2.68 billion revenue in fiscal 2023.

Persons: Dado Ruvic, SoftBank, Echo Wang, Svea Herbst, Bayliss, Greg Roumeliotis, Lisa Shumaker Organizations: REUTERS, SoftBank Group Corp, Reuters, Nvidia Corp, Apple, Nvidia, Devices, Intel, Samsung Electronics, ., stagnate, Sales, Svea, Thomson Locations: New York, China, United States

☆ 8 CEO lessons Elon Musk tried to teach his bother Kimbal, based on a mobile game Musk was obsessed with
▼ + stars: | 2023-09-12 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Here are the eight CEO lessons that Elon handed down to his brother through the game, per Isaacson's conversations with Elon, Kimbal, Grimes, and Zilis. When you get used to losing, you will play each game with less emotion," Elon told Isaacson. If we let a few of them slide, we will never get to Mars," Elon told Isaacson. Elon told Isaacson, "I had to take Polytopia off my phone because it was taking up too many brain cycles. Elon Musk and Kimbal Musk did not immediately respond to requests for comment from Insider, sent outside regular business hours.

Persons: Musk, Grimes, Kimbal, Elon Musk, —, Douglas Adams, Walter Isaacson's, Isaacson's, Grimes —, Elon, Shivon, Isaacson, Polytopia, Zilis, he's, you'll, Unplug Organizations: Service, Google Locations: Polytopia, Wall, Silicon, Tesla's, Kimbal

Leon Neal/AFP/Getty Images2008: iPhone 3G, meet the App StoreWith the second version of the iPhone, Apple introduces the App Store and 3G connectivity. Stephen Lam/Reuters2016: iPhone SE, a budget optionTaking a step back, the iPhone SE is a cheaper, smaller device than the 6S, giving customers a chance to enjoy Apple’s phones at a much lower cost. People handle the new Apple iPhone XS and iPhone XS Max during a media tour at an Apple office in Shanghai, China, on September 21, 2018. Brendon Thorne/Bloomberg/Getty Images2020: iPhone 12 Mini, small but mightyThe iPhone 12 mini is smaller than the usual iPhone but packs a powerful punch. Mike Segar/Reuters2021: iPhone 13 Series, same price for more spaceThe iPhone 13 stays at the same price as the iPhone 12 with double the storage space, as well as featuring a much smaller top notch.

Persons: Steve Jobs, John Green, ” Jobs, Leon Neal, Justin Sullivan, Siri, FaceTime, “, ”, Jobs, Michael Nagle, Apple, Seth K, Hughes, Akio Kon, David Gray, Tim Cook, Josh Edelson, Stephen Lam, David Paul Morris, Phil Schiller, Aly Song, Max, Jason Lee, Pro Max, Phil Barker, Brendon Thorne, Mike Segar, Gabby Jones, Andrew Kelly Organizations: New, New York CNN, Apple, Macworld, Bay Area, Getty, Lightning, Bloomberg, Apple Inc, Worldwide, Steve Jobs, Steve, Pro, Future Publishing Locations: New York, San Francisco, London, AFP, San Francisco , California, New York City, Cupertino , California, Ginza, Tokyo, Japan, Sydney, Shanghai, China, Beijing, Australia, Manhattan , New York

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