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SoftBank is considering taking a majority stake in WeWork

SoftBank may soon own up to 50 percent of WeWork, a well-funded suppliers of co-working spaces headquartered in New York, according to a new report from The Wall Street Journal. SoftBank is reportedly weighing an investment between $15 billion and $20 billion, which would come from its $92 billion Vision Fund, a super-sized venture fund led by Japanese entrepreneur…

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Xiaomi CDRs, SoftBanks successors and Chinas Samsung investigation

The weekend no remainder to news-wary reporters, with major proclamations coming from Xiaomi, SoftBank and the Chinese government the past few days that will continue to change the global tech landscape. Xiaomi Chinese Depository Receipts One of the most important yet underreported stories of 2018 has been the development of Chinese Depository Receipts( known as CDRs ). I wrote…

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Zoox in talks with SoftBank to fund self-driving cars

Autonomous vehicle startup Zoox is in talks with Japanese investment firm SoftBank to raise more funding. We’ve confirmed the news, which was first reported by Axios.  We’re hearing the discussions are in the early stages and nothing has been finalized, but that SoftBank has been interested in Zoox for a while. The startup is also talking to other unnamed…

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