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ABB to sell robots business to SoftBank in $5.38 billion dealSoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Ma...- Shooter kills 3 in a Target parking lot in Austin, Texas, before being captured, police sayA gunman with a history of mental illness opened fire in a Target parking lot in Austin, Texas, killing two adults and a child. He fled in ...
- Freshworks sees growth; Prosus’ Rapido rideNasdaq-listed SaaS company Freshworks reports strong revenue growth in the fourth quarter, reaching $194.6 million. This and more in today’...
- SoftBank books surprise loss of $2.4 billion in third quarterThe result will further raise questions about how SoftBank will fund one of its most ambitious undertakings - a hefty investment in OpenAI....
- RBI says Paytm’s non-compliance forced action; Zomato’s Q3 report cardWithout naming a specific entity, RBI Governor Shaktikanta Das said the regulatory action was driven by a “lack of compliance”.
- SoftBank posts $6.6 billion profit, first in five quartersSoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four...
- AutoStore and Ocado reach deal to settle patent litigation claimsNorwegian robotics firm AutoStore will pay 200 million pounds ($257.1 million) to British online supermarket group Ocado as part of a deal ...
- SoftBank posts $7.18 billion annual loss as Vision Fund slides furtherJapan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended March 31, with the Vision Fun...
- SoftBank CEO Masayoshi Son to skip earnings call for first time as tech slumpsThe founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for d...
- Veera Simha Reddy OTT release: When and where to watch Balakrishna, Shruti Haasan’s filmVeera Simha Reddy written and directed by Gopichand Malineni stars Balakrishna, Shruti Haasan, Duniya Vijay, Varalaxmi Sarathkumar and Hone...
- SoftBank India head Sumer Juneja gets larger role, to also oversee Europe, Middle EastSoftBank Vision Fund’s managing partner Sumer Juneja and India head has been given the additional responsibility of overseeing Europe, the ...
- Masayoshi Son is now down $4 billion on his SoftBank side dealsSon has racked up a deficit of $2.1 billion from his Vision Fund 2 interest, and $205 million at the Latam fund, according to disclosures f...
- SoftBank plans Vision Fund job cuts after record net lossVision Fund, which upended the world of venture capital with splashy bets on startups such as Uber and Didi, posted a $23.1 billion loss in...
- SoftBank posts $17 billion Vision Fund loss in first quarterPlunging initial public offering volumes and market scepticism towards money-losing startups have squeezed an important source of capital f...
- India proposes antitrust scrutiny for big M&As; unicorns eyeing IPOs meet mutual fundsIndia plans to overhaul its competition law to make it mandatory for global tech firms to seek the country’s antitrust approval for oversea...
- Vision Fund slide points to more pain for SoftBank's SonSoftBank has been reliant on its large and liquid stake in e-commerce firm Alibaba Group Holding Ltd for financing. The group has now raise...
- Miners lift European shares higher; focus on central bank meetingsThe pan-European STOXX 600 rose 0.5 per cent as of 0823 GMT, with miners, chemical companies and food & beverage stocks leading early gains.
- Raining unicornsIn today's ETtech Morning Dispatch newsletter: Pharmeasy and Cred are the newest entrants of India's startup unicorn club, BPM firms see hi...
- Softbank to buy $2.8 billion stake in Norway robotics firmThe deal is the latest bet by SoftBank, which has spent heavily on some of the tech world's hottest start-ups and biggest names, ranging fr...
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