Checkout
Cart: $0.00 - (0 items )

India sets rules for commissions, surge pricing for Uber and Ola

India sets rules for commissions, surge pricing for Uber and Ola Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances […]

Read More

Google-backed Chinese truck-hailing firm Manbang raises $1.7 billion

Google-backed Chinese truck-hailing firm Manbang raises .7 billion The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG. The news came fresh off […]

Read More

Sales readiness platform MindTickle raises $100 million led by SoftBank Vision Fund 2

Sales readiness platform MindTickle raises 0 million led by SoftBank Vision Fund 2 MindTickle, a startup that is helping hundreds of small and large firms improve their sales through its eponymous sales readiness platform, said on Monday it has raised $100 million in a new financing round. The Pune and San Francisco-headquartered […]

Read More

How SoftBank’s Vision Fund turned losses into gold this summer

How SoftBank’s Vision Fund turned losses into gold this summer It’s hard to think back to the Vision Fund era today, given the oddities that 2020 has brought. But SoftBank’s gravity-bending investment vehicle only stopped investing last September, ending its disbursement of huge blocks of cash from a total committed capital pool […]

Read More

Hyundai reportedly in talks to buy SoftBank-owned Boston Dynamics

Hyundai reportedly in talks to buy SoftBank-owned Boston Dynamics Boston Dynamics could be set to change hands once again, according to a new report from Bloomberg that cited “people familiar with the matter.” The deal would make Korean automaker Hyundai the third company in seven years to own the robotics firm, following […]

Read More

Arm CEO Simon Segars discusses AI, data centers, getting acquired by Nvidia and more

Arm CEO Simon Segars discusses AI, data centers, getting acquired by Nvidia and more Nvidia is in the process of acquiring chip designer Arm for $40 billion. Coincidentally, both companies are also holding their respective developer conferences this week. After he finished his keynote at the Arm DevSummit, I sat down with […]

Read More

Silverlake adds a $2 billion “longterm” hedge fund backed by Abu Dhabi to its tech finance toolkit

Silverlake adds a billion “longterm” hedge fund backed by Abu Dhabi to its tech finance toolkit Silver Lake Partners, the multi-billion dollar tech-focused investment firm, is adding a longterm hedge fund backed by Abu Dhabi’s sovereign wealth fund, Mubadala, to its array of investment vehicles to finance technology companies. The move into […]

Read More

SoftBank will bring Bear’s serving robots to Japan, amid restaurant labor shortages

SoftBank will bring Bear’s serving robots to Japan, amid restaurant labor shortages SoftBank has been quite bullish on Bear Robotics this year, beginning with leadership in a $32 million Series A back in January. It’s easy to see why the investment firm believes that this is the breakthrough moment for the Bay […]

Read More

ARM co-founder starts ‘Save Arm’ campaign to keep independence amid $40B Nvidia deal

ARM co-founder starts ‘Save Arm’ campaign to keep independence amid B Nvidia deal ARM Holdings, the UK semiconductor company, made history for the second time today, becoming the country’s biggest tech exit when Nvidia announced over the weekend that it would buy it from SoftBank for $40 billion in an all-stock deal. […]

Read More

Nvidia confirms $40B purchase of Arm, bringing together two chip giants

Nvidia confirms B purchase of Arm, bringing together two chip giants After weeks of on-and-off speculation, Nvidia this evening confirmed that it intends to buy chip design giant Arm Holdings for a total of up to $40 billion from existing owner SoftBank, which bought the company for $32 billion in 2016. The […]

Read More

Back to top