UAE AI Minister Omar Sultan Al Olama says the country is seeking a “marriage” with the US over AI, starting with the Microsoft-G42 deal, to reshape its economy
Gulf state's AI minister says recent investment deal between Microsoft and G42 is part of strategy to reshape its economy
SoftBank reports a ~$17.23B loss for Vision Fund in Q1 2022, as the value of its tech portfolio fell, including SenseTime and Uber, after a record Q4 2021 loss
SoftBank reports a ~$17.23B loss for Vision Fund in Q1, as the value of its tech portfolio fell, including SenseTime and Uber, following a record Q4 loss
SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. S...
Sources: Elliott Management has quietly built up a $2.5B+ stake in SoftBank and is pushing for changes like stock buybacks and improved corporate governance
Wall Street Journal :
Sources: several WeWork directors, including SoftBank members, plan to push for Adam Neumann to step down as CEO
SoftBank officials are among those expected to push for Neumann ouster — A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive …
Sources: the WeWork IPO is going forward as planned, with the roadshow set to kick off as soon as Monday
KEY POINTS — The roadshow for the We Co., the startup's parent company, is set to kick off as soon as Monday, sources say. — WeWork's roadshow flies in the face …
Sources: SoftBank urges WeWork to cancel IPO following cool reception from investors, amid fears it could affect SoftBank's Vision Fund fundraising efforts
SoftBank, the biggest outside shareholder in WeWork, is urging the lossmaking property group to shelve its hotly anticipated initial public offering …