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softbank

Qualcomm Sued by Softbank’s Arm Over License Breach After Nuvia’s Acquisition

by Maya Ortiz
Qualcomm Sued by Softbank’s Arm Over License Breach After Nuvia’s Acquisition

Qualcomm, the US-based semiconductor company, and its acquired chip design firm Nuvia has been sued by Arm, a chip technology firm owned by Softbank Group, on Wednesday. Arm has raised …

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Saudi Arabia’s US$100 billion investment firm Alat piles into SoftBank and Dahua Technology

by Walter Watson
Saudi Arabia’s US0 billion investment firm Alat piles into SoftBank and Dahua Technology

Saudi Arabia’s new US$100 billion investment firm announced a string of deals Tuesday, including partnerships with SoftBank Group and a Chinese surveillance equipment maker to set up local manufacturing facilities, …

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Exclusive | Jack Ma, Joe Tsai replace SoftBank as Alibaba’s largest shareholders by scooping up tech giant’s tumbling shares in Hong Kong, New York

by Anas Siddiqui
Exclusive | Jack Ma, Joe Tsai replace SoftBank as Alibaba’s largest shareholders by scooping up tech giant’s tumbling shares in Hong Kong, New York

Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding, have emerged as the two largest shareholders of the e-commerce giant they founded in 1999, by aggressively scooping up …

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Reliance, Ola Electric, Mahindra Bid for Incentives Under India’s $2.4-Billion Battery Scheme

by Maya Ortiz
Reliance, Ola Electric, Mahindra Bid for Incentives Under India’s .4-Billion Battery Scheme

Reliance Industries, SoftBank Group-backed Ola Electric, and automaker Mahindra & Mahindra have submitted bids under the country’s $2.4 billion (roughly Rs. 17,800 crore) battery scheme, the government said on Saturday. …

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SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO

by Edgar Davis
SoftBank-backed FirstCry seeks to raise nearly 0 million in India IPO

FirstCry, India’s biggest e-commerce platform for mother and baby products, is aiming to raise $218 million through the sale of new shares in its initial public offering, almost a third of …

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SoftBank’s billion-dollar bet pays off

by Anas Siddiqui
SoftBank’s billion-dollar bet pays off

The Japanese tech conglomerate SoftBank (OTCMKTS: SFTBY), known for its bold investments, received a $7.6 billion windfall this week. This strategic payout, tied to the 2020 acquisition of Sprint by …

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Arm laying off and relocating over 70 engineers in China amid cutbacks in chip industry, including at Qualcomm

by Anas Siddiqui
Arm laying off and relocating over 70 engineers in China amid cutbacks in chip industry, including at Qualcomm

Arm Holdings has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge …

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Nearly all OpenAI staff threaten to go to Microsoft unless board quits, as investors try to bring back Altman

by Walter Watson
Nearly all OpenAI staff threaten to go to Microsoft unless board quits, as investors try to bring back Altman

Microsoft chief executive officer Satya Nadella and other investors spent Saturday and Sunday trying to get Altman and former OpenAI president Greg Brockman rehired. On Sunday night, OpenAI interim CEO …

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WeWork has failed. Like a lot of other tech startups, it left damage in its wake

by Anas Siddiqui
WeWork has failed. Like a lot of other tech startups, it left damage in its wake

The worksharing giant WeWork was supposed to fundamentally alter the future of the office. It raised billions of dollars, signed leases in office towers across North America, but filed for …

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WeWork bankruptcy cost SoftBank’s billionaire boss Masayoshi Son US$11.5 billion and his credibility

by Anas Siddiqui
WeWork bankruptcy cost SoftBank’s billionaire boss Masayoshi Son US.5 billion and his credibility

WeWork’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese billionaire Masayoshi Son, damaging his professional reputation far beyond the money he lost. …

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