Arm Eyes Layoffs After Failed Nvidia Deal, US Senate Passes Permanent Daylight Saving Bill - Video
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Arm Eyes Layoffs After Failed Nvidia Deal, US Senate Passes Permanent Daylight Saving Bill - Video
Speaker 1: This is CNET. And here are the stories that matter right now. Chip maker arm is set to lay off as many as a thousand employees across the us and UK after its acquisition deal with Invidia fell through. According to a report in Bloomberg, in a memo to staff CEO, Renee ha said the company would shed 12 to 15% of its staff by most of the cuts would not affect engineering. According to a person familiar with the matter cited by Bloomberg arm, parent company soft bank was set to sell the chip maker to Envidia in a [00:00:30] deal worth 40 billion that the deal collapsed in February with the company citing regulatory challenges. The us Senate has unanimously passed a bill to make daylight saving time across the country. The sunshine protection bill as it's known would mean an end to changing clocks twice a year. The bill was introduced by Republican Senator Marco Rubio in 2021, who said the permanent cha nge would benefit the economy and the country. The bill is still yet to face a vote in the house. And [00:01:00] finally C's deal days have gone live. The deals include discounts on things like new tech and gadgets, fitness gear, food subscriptions, and accessories. The sales run through the end of today, March 16th, that's midnight tonight, Eastern time or 9:00 PM Pacific. You can find all the deals on cnet.com. Speaker 1: Stay up to date with the latest by visit. Seen it.
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