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China regrets Qualcomm move to scrap $44 billion NXP deal

Bloomberg China’s expressed regret over Qualcomm Inc.’s decision to scrap a $44 billion takeover of NXP Semiconductors NV, an apparent attempt to avoid blame after regulators failed to rule on what would have been the largest chip acquisition in history. The takeover fell apart as tensions between China and the US escalated and local regulators held off on clearing the ...

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SoftBank-owned ARM agrees to buy US’s Treasure Data

Bloomberg ARM Holdings Plc, the British computer-chip designer owned by SoftBank Group Corp., has agreed to buy US-based data analytics firm Treasure Data Inc., people familiar with the matter said. Treasure Data may fetch about $600 million in the sale, the people said, asking not to be identified because the deal isn’t yet public. A spokesman for ARM declined to ...

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Starbucks says delivery to help it lead in China

Bloomberg Starbucks Corp., facing a rare sales decline in China, is betting a rapid roll out of delivery service will get the business back on track. With the company expecting China to eventually surpass the US as its biggest market, Starbucks says deliveries will help it will fend off competitors who are already offering the service, coupled with deep discounts. ...

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