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Nvidia's near-term trading dynamics are under pressure as Softbank is reportedly exploring a sale of its Nvidia stake for early next year, RBC says.
Nvidia plunged as much as 3.06% on Tuesday after a report said that Japanese investor SoftBank is planning to dump its stake in the chipmaker.
The Japanese conglomerate SoftBank on Monday announced that it will raise 2.65 trillion yen, or $23.5 billion, through an initial public offering.
Grab's investment takes capital raised by the fast-growing hotel room aggregator in the funding round to up to US$900 million.
Uber’s CEO is ‘anxious’ for more details about the death of journalist Jamal Khashoggi but says Saudi Arabia still deserves a board ...
Uber, along with the rest of Silicon Valley, must reckon with its strong financial ties to Saudi Arabia after the killing of Jamal Khashoggi.
The IPO is set at 2.4 trillion yen, roughly $21 billion dollars, making it one of the biggest IPOs ever.
SoftBank has a special fund focused on AI that’s separate from the Vision Fund, and it just backed its first startup outside Japan
Engineer.AI lets people who don't have technical know-how commission custom software from scratch.
The fate of missing journalist Jamal Khashoggi hangs over SoftBank as it looks to raise another $100 billion fund
Japanese conglomerate and tech investor SoftBank is under scrutiny over its ties to Saudi Arabia, a major backer of its $100 billion Vision Fund. That is thanks to global outcry over the status of missing Saudi journalist Jamal Khashoggi.
The two companies are closely entwined, with hundreds of SoftBank staff using space at the two companies’ Japanese joint venture.
Softbank may make an investment between $15 billion and $20 billion in WeWork, giving it a majority stake in the coworking-space company, according to a Wall Street Journal report on Tuesday. The discussion is ongoing and a deal is not guaranteed.