SoftBank made waves when its gigantic Vision Fund hit a massive $93 billion first close of a targeted $100 billion total last year, but already it is clear why the firm is reportedly planning a sequel. According to the Japanese firm’s latest financials, it has already deployed one-third of the capital. A large chunk of the investments went on ride-hailing. SoftBank completed a $7.7… Read More
Source: TechCrunch
The decline, according to a market research report, is due to manufacturers offering “minor upgrades” that weren’t enticing enough for users to upgrade.
Source: CNET
China’s mobile payment industry generates over $9 trillion a year, and Alipay is the market leader.
Source: CNET
From a floating catcher’s mitt to manned missions and testing his Mars spaceship, the SpaceX CEO shares some surprising details and plans during his victory lap.
Source: CNET
Elon Musk’s rocket company has sent its most powerful system yet, Falcon Heavy, on its way to space and into history. And the launch was unreal.
Source: CNET
There is a clutch of new VC funds launched in the US every year, and but when you look at the stats around new funds started by women they are pretty dismal. A cursory glance at the figures from last year reveals that out of 153 funds founded in the US last year, only four were founded by women, and only two have gone on to raise money. Furthermore, women account for only seven percent of… Read More
Source: TechCrunch
The electronics giant shipped 8 million units in the fourth quarter of 2017, according to Canalys research, a new record for a wearables brand.
Source: CNET
In day two of the trial over self-driving tech, Waymo presents Uber’s ex-CEO with notes that aim to show he was also after intellectual property.
Source: CNET
The social networking giant’s mysterious algorithms are a cornerstone for the latest popular hoax.
Source: CNET
Plus, a well-hydrated former Uber CEO Travis Kalanick takes the stand.
Source: Wired