Source: en.wikipedia.org
SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision...
In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop...
For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the...
Marcelo Claure, the executive chairman at embattled company WeWork, said in an interview that former CEO Adam Neumann didn’t leave the company with more than...
SoftBank Group, which is behind the highly successful Vision Fund, is not going to meet its financing goal for its follow-up fund, Vision Fund 2,...
The decline of WeWork over the last year has had ripple effects, depressing investor confidence in the entire brand of property technology (PropTech), to which WeWork...
Michael Ronen, a former Goldman Sachs banker who joined SoftBank in 2017, is leaving the conglomerate’s $100 billion Vision Fund over “issues,” the Financial Times reported...
India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...
In today’s top news, Visa reported positive first-quarter earnings, totaling 700 million Visa Direct transactions, and CFPB sued Citizens Bank for violating the Truth in...