Abu Dhabi Global Market (ADGM) has opened the second edition of the FinTech Abu Dhabi Summit.
News
SoftBank to inject $2.25B in General Motors’ self-driving unit
Japan's Softbank is pouring $2.25 billion in investments to General Motors' autonomous vehicle unit Cruise.0 2250
Coming soon to UAE: SoftBank-backed vertical farm
Plenty Inc. plans to start selling locally grown produce, including kale and other leafy greens, to communities in Abu Dhabi and Dubai early next year, Bloomberg reported.
SoftBank monetises tech investments, reports profit increase
Japan’s SoftBank Group Corp reported a 49 percent jump in quarterly profit on Monday, Reuters reported.
SoftBank Vision Fund to invest $1 billion in Chinese AI giant
SoftBank Group Corp’s Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported.
Softbank raises stake in Yahoo Japan
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with US firm Altaba.
China-backed fund brings new opportunities to Middle East tech firms
London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a $15 billion fund aimed at technology companies globally.
“SoftBank Son’s US investment $72 billion”: President Trump
U.S. president Donald Trump said on Thursday that SoftBank CEO Masayoshi Son is increasing his investment in the United States …
SoftBank’s Masayoshi Son on the hunt for global tech unicorns
SoftBank Group Corp’s CEO Masayoshi Son said on Wednesday he plans to devote the bulk of his time on the double down on the firm’s ambitious tech investment strategy.
SoftBank appoints ex-Deutsche Bank exec to head Middle East operations
SoftBank Group Corp. is hiring former Deutsche Bank AG executive Faisal Rahman to head operations in the Middle East for …
Palo Alto appoints former SoftBank exec as CEO
Palo Alto Networks, global cybersecurity company, has appointed former SoftBank Group Corp president Nikesh Arora as its chief executive officer …