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Imagination Technologies loses chief of staff after Chinese ownership row


Imagination Technologies loses chief of staff after Chinese ownership row
It comes just weeks after the Telegraph revealed the company s former CEO was suing Imagination
Credit: HANNAH MCKAY/Reuters
Imagination Technologies has lost a fourth executive in less than a year, amid an overhaul of the British chip designer s leadership team in the wake of a bitter boardroom row. 
Woz Ahmed has stepped down from his role as Imagination s chief strategy officer and chief of staff, saying in a post on LinkedIn that he had decided that now is a good time to leave . 
His departure comes amid a slew of executive changes at the company, starting last April when boss Ron Black left the company in the wake of claims its Beijing backers were plotting to appoint representatives to its board. ....

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£30bn Arm takeover on the rocks: Ministers hint US deal may be blocked


Ministers last night gave the strongest signal yet that the £30billion takeover of Arm could be blocked as the British chip designer s former boss called for it to return to the stock market in London.
As the row over the proposed acquisition by US rival Nvidia escalated, the Government said it was examining the deal carefully and will not hesitate to investigate further and take appropriate action .
The comments – which raised the prospect that the deal could be blocked – came as pressure mounted on competition regulators to launch a separate full-scale probe.
Support: Former Arm chief executive Warren East said he would welcome the tech firm s return to the London stock market if the takeover by Nvidia falls through ....

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