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

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......»»

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

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......»»

In the face of climate change, rising inequality, and other global crises, governments are losing out on hundreds of billions of dollars in tax revenue as a result of corporate tax arbitrage......»»

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.....»»

The race to create driverless cars progresses at a frenetic pace as major companies continue to pour money into research, including Atlanta's largest airline. It might seem counterintuitive for an airline to be interested in cars, but Delta Air L.....»»

The race to create driverless cars progresses at a frenetic pace as major companies continue to pour money into research, including Atlanta's largest airline. It might seem counterintuitive for an airline to be interested in cars, but Delta Air Lin.....»»

Gettty/Neilson Barnard Billions of dollars are invested in startups every year. Whether a startup seeks to raise money from angel investors, venture-capital firms, or other backers, the presentation — or.....»»

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday. As she heads for the ECB, the race to succeed her at the IMF has already begun. Francis Maguire reports......»»

Stacker looks at 30 startups that cost investors millions of dollars. From tech startups to hotel alternatives, the failed companies lost billions altogether, according to CB Insights......»»

Stacker looks at 30 startups that cost investors millions of dollars. From tech startups to hotel alternatives, the failed companies lost billions altogether, according to CB Insights......»»

Finding the right investor is critical as venture capital firms continue to pour money into freight-tech startups, a panel of investors said this morning. read more.....»»

The 2019 Shanghai Auto Show is shaping up as a race to the electric vehicle future, with global auto brands and local Chinese startups showing off a slew of new energy vehicles......»»

Verizon Communications beat global rivals in the race to launch the first 5G mobile service, starting the fast mobile network in two U.S. cities on Wednesday. Conway G. Gittens reports......»»

Among foreign investors, interest in New York has slipped and London has assumed first place as the number one global city for their real estate investments. For the.....»»

SoftBank Vision Fund will invest $2.25 billion in General Motors’s driverless-car unit, as the auto maker battles technology companies and startups in a race to commercialize autonomous vehicles......»»

SoftBank’s tech-focused Vision Fund will invest $2.25 billion in General Motors’s driverless-car unit, as the auto maker battles tech companies and startups in a race to commercialize autonomous vehicles......»»

SoftBank’s tech-focused Vision Fund will invest $2.25 billion in General Motors’s driverless-car unit, as the auto maker battles tech companies and startups in a race to commercialize autonomous vehicles......»»

Saudi Arabia, U.A.E., Turkey and others are investing billions in ports and military bases on the African coast in a contest that could affect access to the Suez Canal and the balance of power in the Middle East......»»

From global manufacturers such as Harley-Davidson Inc to small tech startups, companies are scrambling to rework supply chains built for an era of stable, open trade policy that is now under threat. Kate King reports......»»