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U.K. chip designer Arm Holdings is scheduled to start trading on the Nasdaq Thursday, in what is the largest initial public offering of shares in nearly two years NEW YORK -- U.K. chip designer Arm Holdings is scheduled to start trading on the Nasdaq Thursday, in what is the largest initial public offering of shares in nearly two years. The shares have been priced at $51, giving Arm a market value of $54.5 billion. The opening trade could be much higher, given the interest among investors in the offering. Most consumers use at least one product that contains Arm's chips, though many people may not be familiar with the company itself. Its chip design is used in virtually all smartphones, the majority of tablets and digital TVs. More recently, Arm has expanded into artificial intelligence, smart devices, cloud computing, the metaverse and autonomous driving. Arm's offering is an important development for the IPO market, which has seen relatively few companies go public the pa...

Adelaide pub, The Woolshed, has taken down and apologised for its recent promotion offering free drinks based on bra size. The venue, on Hindley St in the CBD, posted the advertisement on its Facebook page over the weekend with an offer to get one free drink for an A cup bra size, two free drinks for a B cup and three free drinks for a C cup. “The bigger, the better,” the post said. Watch the latest news and stream for free on 7plus >> “Wearing a bra is so uncomfortable, hang it up in the shed and let loose ... This means you as well boys.” But the advertisement was met with heavy criticism, forcing management to cancel the event and take down the campaign. An Adelaide pub has had to cancel its event offering free drinks based on bra size. Credit: Woolshed on Hindley / Facebook On social media, people initially called the event misogynistic , demeaning and outdated. “Overdue HR audit?,” one person commented on the Instagram account @JustAdelaide things, which reposted th...