Japanese firm Softbank has agreed to invest €460 million in Berlin-based online car dealer Auto1 through its Vision Fund. In …
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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 2270
Transformation Talk | Weekly news round up 11.01.18
Tahawul Tech brings you Transformation Talk, a weekly roundup of the biggest news in the Middle East’s technology industry.
Uber ex-CEO Travis Kalanick to sell $1.4 billion worth of shares
Uber Technologies’ ousted CEO and co-founder Travis Kalanick is reportedly planning to sell $1.4 billion of stock in the company, or 29 percent of his stake, according to a report by Bloomberg.
SoftBank’s robot Pepper appointed as university employee in Jordan
Mashhoor Al Refair, president of the PSUT, said that Pepper was “appointed as an employee at the university”, and became “part of the university family”.
China ride-hail firm Didi raises $4 billion for global push
Chinese ride-hailing service Didi Chuxing Technology has raised $4 billion in a new funding round, the firm said on Thursday, …
Mubadala commits to 15 Silicon Valley firms in SoftBank partnership
Mubadala deputy group chief executive Waleed al-Muhairi has announced that the Abu Dhabi state investor has made ’15 to 16 investments’ in technology firms.
SoftBank signs up Inuitive for AI, IoT
SoftBank has partnered with Inuitive to to collaborate through the development of artificial intelligence, deep learning (DL) and advanced 3D …
SoftBank bids to purchase Uber shares at 30 percent discount
Japanese firm SoftBank Group is offering to buy Uber Technologies’ shares at a valuation of $48 billion, a 30 percent …
Uber to disclose price on SoftBank deal early next week:report
Uber Technologies plans to move ahead with a deal to bring in Japanese technology company SoftBank Group as a major investor …
Uber seals multi-billion dollar SoftBank investment
The agreement lets SoftBank and other firms invest up to $1 billion in Uber, and proceed with a tender offer in coming weeks to buy up to $9 billion in shares from existing investors.