Chaos in the UK

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TheGreenGoblin
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Re: Chaos in the UK

#281 Post by TheGreenGoblin » Mon Sep 14, 2020 1:05 pm

While the UK (and England most particularly) continues to shoot itself in the foot, its bollocks are in the process of being cut off and sold to the highest bidder.
One of Britain’s most successful tech companies, Arm Holdings, is being sold by its Japanese owners for $40bn (£31bn) in a deal that could reshape the semiconductor landscape.

Nvidia, a US company, will pay SoftBank $21.5bn in shares and $12bn in cash for the chip designer, although the deal is still subject to regulatory approval in the UK and could face opposition from its new owners’ rivals and British politicians concerned about foreign takeovers.

It is expected that Nvidia will face tough conditions on protecting jobs and the status of Arm’s headquarters in Cambridge as part of the deal.

Arm co-founder Hermann Hauser described the takeover as an “absolute disaster” and said it would destroy the company’s business model and lead to job losses at its Cambridge headquarters and elsewhere in the UK.

Speaking on BBC Radio 4 on Monday morning, he said any promises made on jobs were “meaningless unless they are legally enforceable”, pointing to the takeover of Cadbury by US company Kraft in 2010.


“If the UK tech sector is to flourish and create the jobs of the future here in Britain, then we need our crown jewels to be owned and managed in a sustainable way that prioritises investment in the workforce and in research and development.

“It is not too late for the government to take a more hands-on approach to this deal and impose some binding conditions to secure a stable future for Arm that benefits the whole country.”

SoftBank paid $32bn for the company four years ago in a deal that pledged to keep the headquarters in Cambridge. It also netted a fortune for Arm’s executives, and this time around Arm employees will share $1.5bn in Nvidia shares.

Founded in Cambridge in 1990, Arm specialises in microprocessors, and dominates the global smartphone market. But its chips are also found in countless sensors, smart devices and cloud services.

Nvidia, based in California, is best known for graphics cards that are favoured in the video game industry. It has seen sales skyrocket during the coronavirus crisis, with gaming a popular pastime in lockdown.

Its products are also increasingly used for artificial intelligence and in data centres.

Jensen Huang, Nvidia’s chief executive, said the deal would create “the premier computing company for the age of artificial intelligence”, and promised to keep the Arm headquarters in Cambridge.

“AI is the most powerful technology force of our time and has launched a new wave of computing,” he said in a statement. “In the years ahead, trillions of computers running AI will create a new internet-of-things that is thousands of times larger than today’s internet-of-people. Our combination will create a company fabulously positioned for the age of AI.

“Arm will remain headquartered in Cambridge. We will expand on this great site and build a world-class AI research facility, supporting developments in healthcare, life sciences, robotics, self-driving cars and other fields. And, to attract researchers and scientists from the UK and around the world to conduct groundbreaking work, Nvidia will build a state-of-the-art AI supercomputer, powered by Arm CPUs. Arm Cambridge will be a world-class technology centre.”

However, his move for Arm is unlikely to go unchallenged in the industry.

Arm licenses its technology to any company that wants to buy it and its customers include Apple, Samsung and Qualcomm, which in turn use it in their devices.

The gives Nvidia control of technology from Arm that could be used to make its own central processor chips, doubling down on Nvidia’s strategy of buying up technologies in parts of the booming data centre business where it does not currently play.

Nvidia’s deal would also put Arm under the control of a US-based combatant amid a trade cold war between the United States and China, which is rushing to develop a domestic semiconductor industry while US officials seek to stem its rise.

Geoff Blaber, vice president of research for the Americas with CCS Insights, said the deal “will rightly face huge opposition” from Arm’s customers.

“An acquisition by Nvidia would be detrimental to Arm and its ecosystem,” Blaber said. “Independence is critical to the ongoing success of Arm and once that is compromised, its value will start to erode.”

Nvidia began as a graphics chip designer and has expanded into products for areas including artificial intelligence and data centres.

The Arm acquisition will put Nvidia into even more intense competition with rivals in the data centre chip market such as Intel and Advanced Micro Devices because Arm has been developing technology to compete with their chips.


Softbank’s boss, Masayoshi Son, had lionised the potential of Arm but was slashing his stakes in major assets to raise cash.

The deal will see SoftBank and the $100bn Vision Fund, which has a 25% stake in Arm, take a stake in Nvidia of between 6.7% and 8.1%.

SoftBank could also be paid an additional $5bn in cash or shares, depending on the chip designer’s business performance.
While we scurry round like turkeys worrying about Christmas (see previous posts), we are being eaten and swallowed alive right now!

https://www.theguardian.com/business/20 ... -40bn-deal

What does this sale mean for the UK?
Some of the loudest misgivings come from Hauser: “It is very much in Nvidia’s interest to kill Arm,” Hauser told the Guardian, likening the deal to a sale of Trident, the UK’s nuclear capability.

He <<Hauser>> described the takeover as an “absolute disaster” which would destroy the company’s business model and lead to job losses at its Cambridge headquarters and elsewhere in the UK.
A boy has never wept nor dashed a thousand kin you can play jacks. Girls do that with a soft ball and do tricks with it.

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Re: Chaos in the UK

#282 Post by Bob » Mon Sep 14, 2020 2:19 pm

Yep at least the Japs are fairly honourable types, selling to the Merrikans is always a bad move, but selling to Merrikans living under the current regime is completely bonkers.
It will be breaking Competition laws but of course with Bojo taking us down the road to Merrikan style freedom (I.E. freedom for the rich and Powerfull to engulf and devour all with impunity) these laws will be conveniently forgotten

Go USA..hell yeah and *sh*t*..................... (learn this phrase now, you will be tested soon after Xmas)
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Re: Chaos in the UK

#283 Post by Boac » Mon Sep 14, 2020 2:41 pm

It will all be down to the great trade deal the Truss has arranged for us.

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Re: Chaos in the UK

#284 Post by barkingmad » Mon Sep 14, 2020 3:35 pm

Boac wrote:
Mon Sep 14, 2020 9:30 am
With the median age of Covid-1984 deaths being north of 80 years old,
Where do you get that? Do you have a link? As far as I know there has been no analysis of C19 deaths by age in the UK, whereas Germany has. I suggest the 'median age of deaths' is probably also 'north of 80 years old', so not earth-shattering news?

Why are you wearing a face covering whilst riding your bike? Is there some local ruling?
Try this link though ONS UK being remarkably coy on median age figures for some odd reason. The 80+ figure I heard from a MSM source since deleted from my volatile memory chip.

https://www.cebm.net/covid-19/covid-19- ... -2nd-july/

Actually today when I stuck my snout in the open air, it was warm enough so I wore the horse-startling children-frightening lycra with flu'yellow tabard to ward off white van man and I was comfortable in the knowledge that the authorities would be hunting down the burkha wearer and I would not get a Stinger deployed.
But I and some other motorists and three other pedal cyclists were stopped by Plod to permit an abnormal load to pass and as a result there were more than 6 stranger bodies within a few square metres thereby breaking the 'law', without counting Plod. :o)

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Re: Chaos in the UK

#285 Post by om15 » Mon Sep 14, 2020 4:41 pm

These lads are taking advantage of the grace before the 6 group regulation comes into force, here they are running up the beach of their new homeland.

Screenshot 2020-09-14 173843.png
Screenshot 2020-09-14 173843.png (425.57 KiB) Viewed 235 times
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Re: Chaos in the UK

#286 Post by Boac » Mon Sep 14, 2020 6:16 pm

They are socially distance, om.

BM - the question please - why?

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Re: Chaos in the UK

#287 Post by barkingmad » Mon Sep 14, 2020 8:22 pm

Boac wrote:
Mon Sep 14, 2020 6:16 pm
They are socially distance, om.

BM - the question please - why?
Why what? Are you referring to yet another of your interminable questions like the one in post # 278, which I believed I’d answered adequately?

And if we want to be pedantic, your response to om15 is ungrammatical, so please sharpen up! ~X(

But I will apologise for casting nasturtiums on your reputation by saying you were a product of Sleaford Tech. Something in one of your previous postings gave me the impression you were out of that stable.

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Re: Chaos in the UK

#288 Post by Boac » Mon Sep 14, 2020 8:43 pm

Only interminable if....................
Why are you wearing a face covering whilst riding your bike? Is there some local ruling?

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Re: Chaos in the UK

#289 Post by barkingmad » Mon Sep 14, 2020 9:09 pm

Boac wrote:
Mon Sep 14, 2020 8:43 pm
Only interminable if....................
Why are you wearing a face covering whilst riding your bike? Is there some local ruling?
Re-read my action today re face covering, maybe that will solve your conundrum? I clearly stated the burka was left behind and I ventured out as an OAMIL* to confuse my opponents who might be on the alert for the burka.

And anyway, the use of the burka has been suspended since the chain and Jack Russell entanglement episodes, also it makes a loud flapping farting noise above Vcrit of 30 mph TAS which is proving to be a distraction, so it may be back to the drawing board for an effective bikeborne face nappy.

No, there’s is no local bye-law which obliges freaks like me on a pedal cycle in the current measures in force but with the impending second wave I foresee Handycock &Co placing such a restriction on self-propelled velocipedes to “Save the NHS” etc etc this winter.

* OAMIL = Old Age Man In Lycra as opposed to the popularly known MAMIL = Middle Aged Men In Lycra, who seem to enrage the Audrey Forbes-Hamiltons of this green and peasant land. =))

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Re: Chaos in the UK

#290 Post by Boac » Mon Sep 14, 2020 9:15 pm

I saw that, but it is far from the first time you have waxed lyrical about your riding in a 'face-nappy', hence the query. If you just get a kick out of wearing one, we understand.

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We don't really need this at the moment!

#291 Post by Boac » Tue Sep 15, 2020 9:05 pm


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Re: Chaos in the UK

#292 Post by TheGreenGoblin » Tue Sep 15, 2020 9:09 pm

They have turned half of Headcorn into a bloody Covid Test centre. What with the 7000 truck backlog, expected on the M20, how is a man expected to finish his PPL-H and then CPL before he dies?
A boy has never wept nor dashed a thousand kin you can play jacks. Girls do that with a soft ball and do tricks with it.

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Re: Chaos in the UK

#293 Post by PHXPhlyer » Tue Sep 15, 2020 11:16 pm

Duh!
After you get your PPL-H, park your whirlybird at your house and fly out to P/U your instructor.
Simples.
You're welcome.

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Re: Chaos in the UK

#294 Post by Boac » Wed Sep 16, 2020 8:48 am

I think it is time serious questions were asked of the circus troupe. Putting aside the apparent total incompetence of Tony, do we know which 'commercial entities' 'won' the contracts for managing our C19 testing programme?

UPDATE: It would appear from 'other sources' that the well-known stunningly performing Serco has the contract, under the control of Dido Harding, a 'favourite' of Bojo' (don't ask...). Yes, the same 'Serco' that has the 10 year contract for 'housing' all our boat day-trippers in hotels.

I wonder how many other of Bonking Boris's mates are 'benfitting' from Serco?

Take a moment to look at the 'sectors' in which Serco operates and ask yourself how well it is all going?

Defence
Healthcare
Justice
Immigration
Transport
Citizen Services

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Re: Chaos in the UK

#295 Post by 4mastacker » Wed Sep 16, 2020 9:12 am

om15 wrote:
Mon Sep 14, 2020 4:41 pm
These lads are taking advantage of the grace before the 6 group regulation comes into force, here they are running up the beach of their new homeland.


Screenshot 2020-09-14 173843.png
Running up a shingle beach takes some effort - sort of thing one would encounter during military training. Obviously not a bunch of unfit lard-arses.
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Re: Chaos in the UK

#296 Post by Boac » Wed Sep 16, 2020 10:00 am

No - my worry is they might be A-Q SF!

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Re: Chaos in the UK

#297 Post by prospector » Wed Sep 16, 2020 9:06 pm

Who interprets the law, judges or politicians who make them???

https://www.msn.com/en-nz/news/uknews/u ... d=msedgdhp

"UK judge halts Home Office flight to remove asylum seekers"

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Re: Chaos in the UK

#298 Post by G-CPTN » Wed Sep 16, 2020 10:33 pm

prospector wrote:
Wed Sep 16, 2020 9:06 pm
Who interprets the law, judges or politicians who make them???
"UK judge halts Home Office flight to remove asylum seekers"
In the case of asylum seekers it is their lawyers (funded by British taxpayers via legal aid).

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Re: Chaos in the UK

#299 Post by Ibbie » Thu Sep 17, 2020 7:36 am

It would appear that the UK is in a total fcuk up.

Why are they bothering with quarantine? UK is more virus ridden than most of the countries on "The List".

The rules the clowns are bringing in, is close to house arrest and curfew. The Government(s) and their enforcers don't have the trust of the people.

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Re: Chaos in the UK

#300 Post by Pontius Navigator » Thu Sep 17, 2020 8:54 am

Haven't looked at the list but direct comparison of rates is not easy. I follow the World Coronavirus stats. They list cases per million and deaths per million but of course these are for the whole period.

They also list yesterday and say before figures but you would need to apply population numbers to check for the 20/100,000 case trigger.

What is Crystal clear is that the USA has over 20% of global cases though their rate is now dropping. Their death rate however continues to inch towards UK level. India has a steady increase in numbers but with a low per million count.

France and Spain however have very much higher daily numbers than UK and adjacent EU countries may be close in per capita numbers too.

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