Softbank 11,09 EUR +2,49% 

Can Intel’s ‘boy wonder’ pull a Steve Jobs?

Pat Gelsinger, a 30-year veteran of Intel Corp. who left the company in 2009 after it was clear he would not become CEO, finally got the job.

US start-up funding touches new record amid pandemic

NEW YORK (BLOOMBERG) – What began as a desperate year for start-ups, characterized by mass layoffs as the pandemic took hold, has turned into a record venture capital funding haul.. Read more at straitstimes.com.

Uber surges over 7% to touch record highs as SoftBank announces it sold $2 billion in stock

SoftBank announced that it had sold $2 billion in Uber stock at an average price of $53.46 per share on January 7.

Rakuten Worker Arrested for Allegedly Stealing SoftBank 5G Tech

(Bloomberg) — A former SoftBank Corp. employee has been arrested in Japan on suspicion of illegally bringing 5G trade secrets to his new employer, Rakuten Mobile Inc., as it was preparing to launch its own mobile network.

GM Unveils New Logo, Names Operations Chief at Cruise Unit

General Motors Co. on Friday revealed a new tech-themed corporate logo — its first major change in decades — and GM's autonomous-car division hired a new operations chief, the latest in the auto maker's efforts to fend off Silicon Valley as new technologies disrupt the car business.

SoftBank Takes Stake in DNA Firm Pacific Biosciences

(Bloomberg) — SoftBank Group Corp. has taken a stake of about 6% in Pacific Biosciences of California Inc., a U.S. DNA-sequencing company whose stock has risen sevenfold in the last year, according to a person with knowledge of the investment.

GM’s Cruise Driverless-Car Unit Picks Up Former Delta Operations Chief

General Motors’ driverless-car division, Cruise, has hired a former Delta executive to serve as its chief operating officer, a sign the company is moving closer to offering services to paying customers.

Nvidia’s Acquisition of Arm to Face U.K. Antitrust Probe

The U.K. is preparing an antitrust investigation of Nvidia’s $40 billion deal to buy chip designer Arm from SoftBank, raising one of what is likely to be several regulatory hurdles around the world for a proposed merger that could reshape the semiconductor industry.

Nvidia deal for Arm to face investigation by UK’s competition authority

The Competition and Market Authority in the United Kingdom said Wednesday that it plans to investigate Nvidia Corp.’s undefined planned deal for Arm Ltd….

SoftBank Group Plans to Sell First Bond in More Than a Year

(Bloomberg) — SoftBank Group Corp. plans to sell its first bond in more than a year, joining a rush by issuers globally to tap credit markets while borrowing costs remain low.

Qualcomm CEO Steve Mollenkopf to Step Down, Names Cristiano Amon as Successor — 2nd update

By Asa Fitch

Qualcomm Inc. on Tuesday said Chief Executive Steve Mollenkopf would step down in June after leading the mobile-phone chip giant through an unusually tumultuous period that has… | January 5, 2021

Indonesia’s Gojek, Tokopedia in advanced US$18 billion merger talks — sources

Indonesian ride-hailing and payment firm Gojek and e-commerce leader Tokopedia are in advanced talks to seal a US$18 billion merger ahead of potential stock market listings in Jakarta and the US, people with knowledge of the matter said on Tuesday.

Grab seeking US$750m term loan, revenue jumps 70% in 2020

SINGAPORE: Southeast Asian ride-hailing and food delivery firm Grab is seeking a US$750 million (RM3 billion) term loan, a term sheet showed on Monday…

Oyo Hotel Chain Suffered Ailments Beyond Pandemic’s Travel Slowdown

Thousands of hoteliers have left the company amid troubles that emerged before Covid-19, losses that threaten the hotel network’s global ambitions.