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posted by Fnord666 on Wednesday March 15 2017, @07:53PM   Printer-friendly
from the a-pretty-penny dept.

SoftBank will reportedly sell a 25% stake in ARM ($8 billion) to the ~$100 billion investment fund it has jointly created with Saudi Arabia, Apple, and others. ARM Holdings was bought by SoftBank for around $32 billion last year.

SoftBank Chairman Masayoshi Son met with Saudi King Salman during the King's state visit to Japan. Son gave the King one of his company's humanoid robots. Saudi Arabia is seeking investors as it prepares to launch an initial public offering for Saudi Aramco. Toyota agreed to conduct a feasibility study into the idea of production in Saudi Arabia, the result of one of twenty memorandums of understanding signed by Japanese companies and institutions with Saudi Arabia.

Also at The Telegraph, and Arab News (extra).

Related: Softbank to Invest $50 Billion in the US


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  • (Score: 1) by Ethanol-fueled on Wednesday March 15 2017, @11:50PM

    by Ethanol-fueled (2792) on Wednesday March 15 2017, @11:50PM (#479614) Homepage

    Oracle deployments are slow-as-shit even on Exascale Clusters, and another truth about Oracle is that database people who design the forms/menus on Oracle rollouts are severely autistic. Even in purely American corporations Oracle rollouts have the look and feel of being designed by autistic Chinamen, complete with the Engrish.

    The only reason why organizations use Oracle is because of its security -- that is, it has none, but its so goddamn slow that prospective hackers run out of patience before Oracle loads its UI and datasets.

    SAP is a much faster and better alternative, proof that the Germans still make good shit, even though it's not without some German autism -- exporting your data as an Excel sheet, for example.