SoftBank Corp. to Invest $513 Million in Software Provider for Connected Vehicles

[ad_1] SoftBank Corp.is set to invest 473 million euros, equivalent to $513 million, in Cubic Telecom, a provider of software that helps vehicles link to computer networks and analyzes data…

WeWork Files for Bankruptcy

[ad_1] Updated Nov. 6, 2023 9:56 pm ET WeWork filed for bankruptcy, capping the flexible-office-space venture’s remarkable collapse after once being the nation’s most valuable startup.  The company filed for…

Shein Turns to Western Executives to Become Even More Global

[ad_1] Updated Nov. 2, 2023 12:04 am ET Shein, known for its ultra-affordable clothes shipped from China, is enlisting top Western executives in its quest to go truly global. The…

Arm Still Trying to Punch Above Its Weight

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The AI Frenzy Resurrects the Old SoftBank

[ad_1] The tech downturn didn’t chasten SoftBank for long. Signs of overexuberance are already reappearing along with the new bull market. [ad_2] Source link

Nasdaq Jumps 2% After Signs of Easing Inflation

[ad_1] Markets U.S. Markets Investors parse mixed signals about the economy and the path for interest rates [ad_2] Source link

SoftBank’s Big Loss Should Give Tech Bulls Pause

[ad_1] Tech shares have been rallying recently, but Japanese conglomerate’s $5.9 billion loss is a timely reminder of the perils of wishful thinking. [ad_2] Source link