SoftBank"s billions cause global race to pour money into startups, WSJ reports

SoftBank Group and other big foreign investors are flooding into the venture market, where many tech startups are scoring hundreds of millions of dollars more than they initially sought......»»

SoftBank Group and other big foreign investors are flooding into the venture market, where many tech startups are scoring hundreds of millions of dollars more than they initially sought......»»

Bandar Algaloud/Getty Images Saudi Arabia is discussing the possibility of investing more money into SoftBank's second Vision Fund, Fox Business reports. The Saudi Arabian Public I.....»»

It takes a lot of money to re-invent the automobile, as Palo Alto-based electric carmaker Tesla has demonstrated after burning through billions and continuing to operate in the red. But venture investors continue to pour money into independent star.....»»

Users fear investments worth millions of dollars may be missing after being unable to access their accounts or withdraw their money from the platform. Thodex CEO, Faruk Fatih Ozer. Haber Global/YouTube About 400,000 users of a .....»»

SPACs are entering the space race. Two blank-check companies, formally known as special-purpose acquisition companies, or SPACs, announced mergers Monday with space-focused startups. Each deal involved a local company. Spire Global Inc.., a San Fra.....»»

The Japanese electronics giant, which has invested billions into Bay Area startups, filed plans to use the $525 million it raises to help take a tech company public......»»

SoftBank founder Masayoshi Son's dreams of a global tech empire are unraveling, as the ongoing global crisis compounds losses at his $100 billion Vision Fund and his big bets on startups are backfiring......»»

Governments battling coronavirus epidemics from Iran to Australia shut schools, canceled big events and stocked up on medical supplies on Thursday in a race to contain the outbreak’s rapid global spread. Francesca Lynagh reports......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Huawei Benefited From Billions Of Dollars In State Support During Its Rise To Global Dominance The Wall Street Journal continued its string of reports on the Chinese government's shadowy campaign to support mission-cri.....»»

Johannes Eisele/Contributor/Getty Many of the world's most valuable tech startups have never been profitable, raising billions of dollars from investors while still losing money every year. Tech startups typically focus on .....»»

The $100 billion Vision Fund run by the Japanese conglomerate SoftBank was part of a flood of money that has washed over the world in the past decade — and that has upended people’s lives when the startups broke their promises......»»

Masayoshi Son struck a defiant tone after his  reported an enormous loss from investments in money-losing startups Uber.…; The Japanese billionaire paced a stage in Tokyo on Wednesday showing off... To view the full story, click the title link......»»

Masayoshi Son struck a defiant tone after his  reported an enormous loss from investments in money-losing startups Uber.…; The Japanese billionaire paced a stage in Tokyo on Wednesday showing off... To view the full story, click the title link......»»

Masayoshi Son struck a defiant tone after his SoftBank Group Corp. reported an enormous loss from investments in money-losing startups WeWork and Uber Technologies Inc......»»

The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burnt through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Air taxi startup Lilium is to expand production after its prototype achieved speeds in excess of 100 km/h (62 mph), the German firm said on Tuesday - while rival Volocopter has taken a 'milestone' test flight in Singapore. David Pollard reports......»»