SoftBank Group Corp’s decision to sell down its Alibaba Group Holding stake for a $34-billion gain may be aimed at shoring up cash reserves, but it also underlines how CEO Masayoshi Son has cooled on China tech. Son was formerly one of the sector’s biggest cheerleaders and Alibaba is his most famous bet, immensely profitable and for his fans, symbolic of his foresight and investing acumen. Amid… Continue reading With Alibaba stake sale, SoftBank’s Son cools towards China techSon was formerly one of the sector’s biggest cheerleaders
Tag: Uber
Global Shared Mobility Start-ups Strategic Overview Report 2022: Europe Dominates the Shared Mobility Start-up Space, with More than 50% of the Start-ups Headquartered in the EU G5
DUBLIN, Aug. 11, 2022 /PRNewswire/ — The “Strategic Overview of the Start-ups Disrupting Shared Mobility, Global, 2022” report has been added to ResearchAndMarkets.com’s offering. In 2021, the market opportunity from shared mobility was approximately $336.9 billion. This is expected to cross $994.5 billion in 2030, accounting for the changes in the market due to the… Continue reading Global Shared Mobility Start-ups Strategic Overview Report 2022: Europe Dominates the Shared Mobility Start-up Space, with More than 50% of the Start-ups Headquartered in the EU G5
Arrival slashes production targets to just 20 EV vans as part of restructuring
Arrival, the U.K.-based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shifts gears to focus on vans. The company, which reported Thursday widening losses for the second quarter, said it no longer expects to generate revenue in… Continue reading Arrival slashes production targets to just 20 EV vans as part of restructuring
Google’s Android Red Team Had a Full Pixel 6 Pwn Before Launch
When Google launched the Pixel 6 and 6 Pro in October 2021, key features included its custom Tensor system-on-a-chip processor and the security benefits of its onboard Titan M2 security chip. But with so much new equipment launching at once, the company needed to be extra careful that nothing was overlooked or went wrong. At… Continue reading Google’s Android Red Team Had a Full Pixel 6 Pwn Before Launch
How the FBI’s Mar-a-Lago Raid Could Expose Trump’s Secrets
The exclamation point is perhaps the most tantalizing part of Donald Trump’s post-raid-on-Mar-a-Lago statement: “They even broke into my safe!” It’s been a bad week for a man who believes that a safe—an obvious investigative target—is beyond the pale. Not only did FBI agents enter Trump’s Palm Beach home on Monday as part of a… Continue reading How the FBI’s Mar-a-Lago Raid Could Expose Trump’s Secrets
Shared Mobility Market to Reach US$ 397.61 Bn by 2031; Sustainable Urban Transport Pivots Growth: TMR Study
Rising demand for car-pooling and e-hailing services generating sizable revenue shares to shared mobility market; Adoption gaining momentum among passengers on back of cost, convenience, and time propositions Adoption of private vehicles for shared mobility to rise; service providers earning substantial revenues from Asia Pacific, mainly from popularity of shared mobility in urban consumers WILMINGTON,… Continue reading Shared Mobility Market to Reach US$ 397.61 Bn by 2031; Sustainable Urban Transport Pivots Growth: TMR Study
Report: Arrival is dropping its Uber car project, electric bus plans
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Alcohol Detection Systems In Autos Could Prevent Thousands Of Deaths Each Year Becoming Big Business for Ride-Sharing
PALM BEACH, Fla., Aug. 9, 2022 /PRNewswire/ — Rideshare companies are evolving to utilize technology to make riders safer for their drivers and passengers. Ride-sharing is a vehicle service that matches drivers of private cars with people looking for local transportation. It’s an arrangement where passengers connect with drivers through mobile apps or websites. Then they… Continue reading Alcohol Detection Systems In Autos Could Prevent Thousands Of Deaths Each Year Becoming Big Business for Ride-Sharing
SoftBank plans to sell stake in digital finance firm SoFi
Japanese conglomerate SoftBank Group Corp plans to sell its stake in digital personal finance company SoFi Technologies Inc, according to a filing late on Monday. SoFi shares fell 3% in extended trading. On Monday, SoftBank sold 6.7 million shares in SoFi at a weighted average price of $8.17 per share, three days after it sold 5.4 million shares at a price of $7.99. SoftBank also posted a record $23.1 billion loss… Continue reading SoftBank plans to sell stake in digital finance firm SoFi
The Best Theragun (and Other Great Massage Guns)
Massage guns, also known as percussive therapy devices, help relax and soothe sore muscles, whether you’re an athlete or just hunching over a desk all day. Theraguns (made by Therabody) tend to be the best massage guns. We’ve tested to find the best Theraguns, as well as several of the more affordable alternatives available. Our… Continue reading The Best Theragun (and Other Great Massage Guns)