An art exhibition based on the hit TV series “The Walking Dead” in London, England. Ollie Millington | Getty Images For some venture capitalists, we’re approaching a night of the liv...
Tag: SoftBank Group Corp
Premier League signs deal with NFT-based fantasy soccer game Sorare
The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal wit...
Viasat takeover of UK rival Inmarsat faces in-depth competition probe
The offices of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Images The U.K.’s competition regulator launched an in-depth probe into American satellite internet company ...
WeWork’s Adam Neumann secures millions in funding for his new company Flow
Adam Neumann is back. The billionaire businessman who founded office-sharing company WeWork Inc. WE, -4.70% is back with another company called Flow, a residential real estate company attempting to ad...
‘I must humbly and honestly acknowledge that things are really bad’ — SoftBank CEO on $23 billion loss.
TOKYO (AP) — Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rate...
Klarna valuation plunges 85% as ‘buy now, pay later’ hype fades
Currently, most buy now, pay later services don’t impact a person’s credit score. That’s now set to change in the U.K. Jakub Porzycki | NurPhoto | Getty Images Klarna saw its valuati...
Gopuff partners with Morrisons in UK for speedy grocery delivery
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with ...
CLSA assesses the impact of rates on SoftBank’s investment strategy
The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, acco...
Coinbase rival FTX U.S. valued at $8 billion in first funding round
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images FTX U.S., the American affiliate of cryptocurrency e...