Month: May 2023

SoftBank’s Arm registers for blockbuster U.S. IPO

Reuters was first to report that SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, setting the stage for this year’s largest initial public offering. While SoftBank had said in March it planned to list Arm in the U.S. stock market, the company’s IPO registration shows […]
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Tesla readies export of Model Y to Canada from China

Reuters exclusively reported that Tesla has begun producing the Model Y in Shanghai with the intention to sell it in Canada this year, marking the first time it will ship cars to North America from China. Because of the cheaper pricing on the new version of the Model Y, both the entry-level version of the […]
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