Workplace chat service Slack files anti-competitive complaint against Microsoft in EUWorkplace chatting service Slack has filed a complaint in the EU against Microsoft, accusing the software company of anti-competitive behav...
22 Jul, 2020, 08.38 PM IST
Bankers keep Vision Fund going with rubber bandsA likely scenario is that the Vision Fund will once again find bankers willing enough to front the required money, but one would expect (ho...
15 Apr, 2020, 09.21 AM IST
SoftBank’s big bet on sharing economy backfires with CoronavirusInvestors are increasingly spooked about the stability of Son’s empire and its $100 billion Vision Fund amid the pandemic. Before this week...
26 Mar, 2020, 09.07 AM IST
TikTok-maker is launching Google-like work tools during coronavirus outbreakBy focusing on the local China market first and targeting individual users, ByteDance will try to capture the latent demand in the country ...
11 Mar, 2020, 09.42 AM IST
Masayoshi Son is no angel. He might want to give it a tryMasayoshi Son isn’t timid, to be sure. His reputation is built upon decades of courageous bets that netted him, his investors, and his foun...
21 Jan, 2020, 09.39 AM IST
Everyone wants a piece of enterprise tech companiesWhile corporate software may sound painfully boring, advancements in cloud computing and machine learning mean enterprise companies can giv...
09 Jan, 2020, 10.24 AM IST
At private Silicon Valley summit, no love for IPOs or banksThe main target of ire was the first-day stock surge that often accompanies IPOs underwritten by banks.
03 Oct, 2019, 09.46 AM IST
Airbnb leans toward direct listing over traditional IPOWith a private valuation of $31 billion, Airbnb is likely to be a topic of discussion. It’s slated to be one of the most high-profile compa...
03 Oct, 2019, 09.40 AM IST
SoftBank’s venture capital riches swamp the marketThe size and pace at which SoftBank made its investments raises issues of whether it paid close attention to the usual valuation metrics.
24 Sep, 2019, 09.38 AM IST
Uber is biggest loser in SoftBank IPO returns, Oyo a bright spotAt the Vision Fund, unrealized losses totaling $1.84 billion were recorded during the quarter ending June 30, attributable to decreases in ...
08 Aug, 2019, 09.51 AM IST
How one VC firm amassed a 24% stake in Slack worth $4.6 billionAccel invested about $200 million in Slack over seven years, largely driven by Braccia’s unwavering faith in Butterfield.
24 Jun, 2019, 09.37 AM IST
Slack soars to $21 billion valuation in debut after shunning IPOThat’s a huge increase from Slack’s last private funding round in August, which valued the company at $7.1 billion.
20 Jun, 2019, 11.45 PM IST
Raised in a log cabin, Slack chairman is now worth $1.3 billionSlack, an acronym for “Searchable Log of All Conversation and Knowledge,” will begin trading Thursday on the New York Stock Exchange under ...
19 Jun, 2019, 09.27 AM IST
SoftBank Fund to use tech stakes for $4 billion loan, FT saysThe Vision Fund is the largest shareholder in Uber, which went public this month. Slack plans to go public this year.
31 May, 2019, 11.03 AM IST
Pinterest joins US IPO wave with fast revenue growthPinterest has experienced "significant growth" in users and monetisation over the last several years, it said in the filing. It also said i...
23 Mar, 2019, 10.37 AM IST
SoftBank's CEO, Saudi's Prince and a $22 billion test of valuesSon’s SoftBank Group Corp. plummeted the most in more than two years on Monday after Saudi Arabia came under fire for the disappearance of ...
16 Oct, 2018, 09.45 AM IST
Message startup Slack said to draw interest from Amazon.comA deal could give San Francisco-based Slack a valuation of at least $9 billion, the people said.
16 Jun, 2017, 10.03 AM IST