India's Budget 2025-26 Coverage
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Topics: SoftBank

These six Korean startups to be featured in ConnecTech Asia Event

New technologies and innovative platforms that are made in Korea will be showcased at virtual ConnecTech Asia 2020, one of the largest information and...

Didi Chuxing raises $500 million from SoftBank

China-based ride-hailing company Didi Chuxing on Friday said, "It has raised over $500 million for its autonomous driving subsidiary." In a statement issued, Didi Chuxing...

US venture capital funding decline by 42.5% in last quarter of 2019

US venture capital-backed companies raised $23 billion in the last quarter of 2019, down 42.5% from the same period a year ago, according to...

SoftBank's $3 billion WeWork rescue plan, in talk with Japan's three largest banks

SoftBank Group Corp's talks to secure $3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to...

Argentina's fintech startup Uala plans for expansion with Tencent, SoftBank, and Pierpaolo Barbieri

Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including...

Amazon cloud unit designs more powerful data center processor chip: Reports

Amazon.com Inc's cloud computing (AWS) unit has designed a second, more powerful generation of data center processor chip, two sources familiar with the matter...

Uber can pay Waymo over autonomous driving tech

Uber said it “will likely” have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software after...

Sumer Juneja: “The partnership between SoftBank and Ola’s CEO Bhavish Aggarwal is Open and Transparent.”

Japanese internet giant and a major stakeholder in Ola Cabs, ‘Softbank’ has said, “the relationship with Ola’s co-founder and CEO, Bhavish Aggarwal is open...

SoftBank is picking its battles with US national security board

SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make...

Foxconn chairman Terry Gou to step down in coming months

The chairman of Taiwan’s Foxconn, assembler of Apple’s iPhones, said on Monday he plans to step down in the coming months as he wants...

NTT Docomo, KKDI, SoftBank and Rakuten receives 5G Spectrum of 1.7 trillion Yen from telecom ministry

Japan's telcos were formally allocated 5G spectrum by regulators on Wednesday, a major milestone ahead of the launch of high-speed wireless services next spring. The...

Suresh Prabhu: The Government is confident of meeting $100 billion in FDI by 2020

Commerce and Industry minister Suresh Prabhu said on March 9 the government has set a target of attracting $100 billion in foreign direct investments...

Grab plan to raise more funding from SoftBank Vision fund and other strategic investors

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion...

Kyodo News : Japan’s top three telcos to shun Huawei, ZTE network equipment

Japan’s big three telecom operators plan not to use current equipment and upcoming fifth-generation (5G) gear from China’s Huawei Technologies Co Ltd and ZTE...

SoftBank Vision Fund appoints ex-facebook executive Kirthiga Reddy as a partner

SoftBank vision fund on Friday announced that "it has appointed Facebook's former executive Kirthiga Reddy as its partner to manage its $100 billion Vision...

Airtel Africa, secures $1.25 billion from Softbank group and five other investors

Airtel Africa Ltd, on Wednesday, announced that "it has raised the funding of $1.25 billion from Softbank Group, Warburg Pincus LLC, Temasek Holdings Ltd...

SoftBank to Invest $500 million in the Ride-hailing firm Grab

SoftBank has almost closed a deal to invest $500 million in Grab as a part of the $1 billion in funding that the South-Asian...

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