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softbank

The one thing every VC must learn from SoftBank’s Masa

by Edgar Davis
The one thing every VC must learn from SoftBank’s Masa

Getty Images Masayoshi Son, CEO, SoftBank Group Synopsis SoftBank’s Masayoshi Son is seen as a maverick. It is precisely this quality that has helped him get through when the times …

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SoftBank ties up with Perplexity

by Edgar Davis
SoftBank ties up with Perplexity

After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal to expand …

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India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation

by Edgar Davis
India’s Oyo, once valued at B, finalizes new funding at .5B valuation

Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the …

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WeWork Founder Adam Neumann Abandons Bid to Regain Control of the Company

by Ron Morgan
WeWork Founder Adam Neumann Abandons Bid to Regain Control of the Company

Adam NeumannPhoto: Kelly Sullivan/Getty Images for the WeWork Creator Awards (Getty Images) Adam Neumann is going to end his effort to buy WeWork. The Wall Street Journal reports that the …

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Meesho, an Indian social commerce platform with 150M transacting users, raises $275M

by Edgar Davis
Meesho, an Indian social commerce platform with 150M transacting users, raises 5M

Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, the company disclosed in a securities filing. The …

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Feds Demand Answers From Tesla Over Concerning Autopilot Recall

by Horatio Thompson
Feds Demand Answers From Tesla Over Concerning Autopilot Recall

Good morning! It’s Wednesday, May 8, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Nokia 6 Registrations, RCom’s Rs. 299 Plan to Beat Jio, WhatsApp UPI Integration & Photo Filters, and More: Your 360 Daily

by Maya Ortiz
Nokia 6 Registrations, RCom’s Rs. 299 Plan to Beat Jio, WhatsApp UPI Integration & Photo Filters, and More: Your 360 Daily

The Nokia 6 is attracting a lot of interest in India. The smartphone has attracted over 1 million registrations on Amazon India, with the smartphone being available for purchase from August …

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Japan hopes to be ‘best partner in Asia’ for foreign tech firms as it seeks to reclaim industry edge

by Walter Watson
Japan hopes to be ‘best partner in Asia’ for foreign tech firms as it seeks to reclaim industry edge

And in the latest move, this week saw Microsoft, a partner of ChatGPT-maker OpenAI, pledge US$2.9 billion to boost the nation’s AI prowess. Meta, IBM join new alliance to keep …

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ConsenSys Blockchain Firm Says Valuation Doubled to Over $7 Billion After New Funding From Microsoft, SoftBank

by Maya Ortiz
ConsenSys Blockchain Firm Says Valuation Doubled to Over  Billion After New Funding From Microsoft, SoftBank

Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7 billion (roughly Rs. 53,421 crore) after its latest funding round that included investments from …

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Moto X4 India Launch, Redmi Note 4 Price Cut, WhatsApp for iPad, OnePlus 5T Unboxing, and More: Your 360 Daily

by Maya Ortiz
Moto X4 India Launch, Redmi Note 4 Price Cut, WhatsApp for iPad, OnePlus 5T Unboxing, and More: Your 360 Daily

Moto X4 was launched in India today, and it will go on sale tonight starting at 11:59pm IST. The handset will be available online exclusively via Flipkart, and offline from …

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