Thursday, December 19

Tag: JP:9434

SoftBank Corp. to Invest $513 Million in Software Provider for Connected Vehicles
5Dec By adminNo Comments
World

SoftBank Corp. to Invest $513 Million in Software Provider for Connected Vehicles

SoftBank Corp.is set to invest 473 million euros, equivalent to $513 million, in Cubic Telecom, a provider of software that helps vehicles link to computer networks and analyzes data from connected vehicles, it said Tuesday.The mobile unit of Japanese technology investor SoftBank Group plans to take a 51% equity stake in Cubic Telecom, valuing the Dublin, Ireland-based company at more than EUR900 million.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off
2Nov By adminNo Comments
World

Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off

Listen to article(2 minutes)WeWork rode the wave of the venture-capital frenzy, building a global real-estate empire worth more than any other U.S. startup before buckling and laying off thousands when funding ran dry under its turbulent co-founder and former chief executive Adam Neumann. Ultimately, though, it was a historic office market bust that doomed the desk-rental giant. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Shein Turns to Western Executives to Become Even More Global
2Nov By adminNo Comments
World

Shein Turns to Western Executives to Become Even More Global

Updated Nov. 2, 2023 12:04 am ETShein, known for its ultra-affordable clothes shipped from China, is enlisting top Western executives in its quest to go truly global.The China-founded retailer, which has become increasingly entangled in Beijing-Washington friction, has started making some of its products outside China and forged partnerships with Western brands. Now it is globalizing its leadership ranks as it looks to establish itself in its biggest markets, especially the U.S. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More