Shittith hath hittith the faniff
https://www.extremetech.com/computing/326447-arm-china-seizes-ip-relaunches-as-an-independent-company
The onetime CEO of ARM China, Allen Wu, has reportedly seized control of ARM’s Chinese business venture, ARM China. Mr. Wu is accused of attempting to launch his own company, Alphatecture, by leveraging his position at ARM China to do so. Companies were reportedly offered discounts on ARM China products if they would invest in Alphatecture. Investors and ARM agreed to oust Wu for this behavior in a board vote, 7-1, but Wu still possessed the seal of the company, which makes him its legal representative as far as Chinese law is concerned.
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