Tipperary company involved in UK s Sefton Park Pilot
Updated / Tuesday, 4 May 2021
10:52
The Sefton Park event in Liverpool is one of many pilot events supported by the UK Department for Digital, Culture, Media and Sport
Irish company Ryans Cleaning took part in an outdoor pilot event at Sefton Park in Liverpool this weekend as part of the UK Government s Covid Events Research Programme.
Ryans Cleaning, based in Thurles in Co Tipperary, has been involved in the event cleaning industry for over 30 years.
With a capped capacity of 7,500, Sefton Park is one of many such pilot events supported by the UK Department for Digital, Culture, Media and Sport (DCMS).
April 21, 2021
The UK Government has opened an investigation in Nvidia’s $40 billion acquisition of ARM Holdings citing ‘national security concerns.’
For those unaware, U.S. tech company Nvidia had announced in September last year that it would be acquiring a 90 percent stake in Cambridge-headquartered chipmaker, ARM owned by Japanese giant SoftBank, for $40 billion.
ARM is one of the UK’s most successful and powerful companies, which licenses its tech to the likes of Apple, Samsung, and Huawei.
Although Nvidia said that ARM would continue to operate independently in the UK, in Cambridge, concerns were raised that the deal could lead Nvidia to relocate ARM’s headquarters to the U.S. and make ARM withdraw, increase prices or reduce the quality of its services to Nvidia’s rivals.
Nvidia acquisition of ARM is now being investigated for national security reasons
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Last year, Nvidia made the announcement that they will be acquiring ARM Limited for a whopping $40 billion, the companyâs biggest acquisition to date. That deal has come under a lot of scrutiny, and despite Nvidiaâs own confidence the deal will be settled by 2022, it has yet to be approved by any official governing bodies. Now the deal is apparently being investigated by the UK government for national security reasons.
The UKâs Department for Digital, Culture, Media & Sport, has posted a public interest intervention notice on the UK Government site detailing the potential risks to national security and urging the UK government to look into the deal more thoroughly.
Digital Markets Unit takes aim at giants conduct with users and advertisers
Matthew Hughes Wed 7 Apr 2021 // 15:42 UTC Share
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The UK s Department for Digital, Culture, Media and Sport (DCMS) today launched its Digital Markets Unit (DMU) watchdog, which aims to regulate large online platforms like Google and Facebook, and create rules governing their conduct with users and advertisers.
First announced last November, the DMU is based in the Competition and Markets Authority (CMA), which already regulates the activities of the tech sector, particularly with respect to mergers and acquisitions. DCMS described the body as part of a pro-competition regulatory regime, and has been tasked with improving competition, giving customers more choice and control over their data, and intervening in unfair practices.
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