Kentaro Kawabe (left) and Takeshi Idezawa (right) during a joint press conference in Tokyo, Japan. Agence France-Presse
SoftBank Group Corporation announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured pledges totalling about $108 billion from companies including Microsoft and Apple.
Japan’s SoftBank Group Corporation is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetise its almost $100 billion Vision Fund through an IPO. SoftBank is considering taking the Saudi-backed investment fund public,
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corporation, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
Robots are coming increasingly under the scanner not just at the government level but also in social circles. They are believed to be able to perform a range of tasks, from doing domestic chores to taking care of the elderly and even conducting a human orchestra! In the
German business morale rose unexpectedly in February, a survey showed on Monday, easing recession fears in Europe’s largest economy and reflecting a slight improvement in its manufacturing sector, which has been struggling with falling exports.
Gold prices climbed more than 2 per cent on Monday to their highest since February 2013, as spikes in coronavirus cases in several countries outside China deepened worries about a hit to the global economic growth, prompting a flight to safe havens.