He Spent $140 Billion on AI With Little to Show. Now He Is Trying Again.

[ad_1] Billionaire Masayoshi Son said he would make SoftBank “the investment company for the AI revolution” but he missed out on the most recent frenzy. [ad_2] Source link

Alibaba Is Replacing Chairman and CEO Daniel Zhang

[ad_1] Alibaba is replacing top executive Daniel Zhang by naming company veteran and Brooklyn Nets owner Joe Tsai as the new chairman. [ad_2] Source link

Growing CEO Pay Gap Gives New York an Extra Edge Over London

[ad_1] Chief executives of U.S.-listed companies can easily make triple what their U.K. counterparts earn. [ad_2] Source link

WSJ News Exclusive | Tiger Global Writes Down Venture Funds’ Bets by 33% in 2022

[ad_1] The markdowns in 2022 erased $23 billion in value from its portfolio of startups. [ad_2] Source link

Chip Designer Arm Intends to List in New York

[ad_1] Tech Move across the Atlantic by key British firm comes amid geopolitical jostling over chips—and delivers a blow to London’s stock market [ad_2] Source link

SoftBank Loses Nearly $6 Billion in Quarter as Investments Suffer

[ad_1] SoftBank Group said it fell back into the red in the three months to December as its investment vehicles posted a loss of nearly $6 billion. [ad_2] Source link

WeWork’s Once Robust Cash Reserves Have Dwindled, Raising Chances of Default

[ad_1] Recession fears and tech-industry job cuts are lowering demand for co-working desks. Meanwhile, money-losing companies such as WeWork are hurt by higher interest rates. [ad_2] Source link

YouTube Stars Cash In Video Rights for Millions of Dollars

[ad_1] Investors are scooping up rights to back catalogs of top YouTubers, betting they will increase in value as creators build bigger audiences. [ad_2] Source link

WSJ News Exclusive | Fanatics Hits $31 Billion Valuation in Latest Funding Round

[ad_1] The sports-merchandising company raised about $700 million from a group of investors, including Clearlake Capital, Silver Lake and SoftBank. [ad_2] Source link