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Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 billion deal, the biggest chip deal to date. The transaction value is up to 40 billion. Nvidia could be paying more than 21 billion in stock and 12 billion in cash. This would be a 2 billion payment as signing. This coming at a time as we continue to see softbank divest its assets. Softbank could be receiving an additional 5 billion of cache if the performance meets certain targets. This also depends on what regulatory scrutiny they go through. This could be the largest ever in the semiconductor
AustraliaTaiwanShanghaiChinaUnited-statesHong-kongUnited-kingdomBrazilAs-anJapan-general-JapanBeijing[reading names] reading names] [bell ringing] [reading names] the reading of the names this year. An audio recording with the names of those who died in 2001 with families in the plaza area. Also two moments of silence to observe the fall of the south tower in new york city anticrash of United Airlines flight 93 in shanksville, pennsylvania. A different memorial. We are looking to that final moment of silence on the north tower fell in about 20 minutes time. We do want to give you an update whats making headlines outside the Business World and over the rest of the world. For that we want to give you bloombergs first word news. Thanks, President Trump and joe biden will mark the 19th anniversary of the 9 11 attacks in the same place but not at the same time. The president intends a Memorial Service in shanksville, pennsylvania, for one of the high jacked planes crashed. Biden will go to shanks bill but not until later in the day. Pennsylvania is one of the battleground states. Poll show
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