The semiconductor giant wants to acquire ARM—a British firm that is more complement than competitor—but regulators may balk. We look at what’s at stake in chips. Something is changing in Americans’ spiritual lives: a drift away from organised religion. We examine the startling rise in the “nothing in particular” denomination. And how women are leading China’s growing surfing scene.For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
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