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2 mins read

Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank

SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…

Hasan Chowdhury   


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OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

PTI   


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4 mins read

Paytm stock searches for a new bottom despite assurances by the management

The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…

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2 mins read

CVS may soon show whether AI can start to replace call centers

CVS Pharmacy is going to use AI to answer customers' questions on the phone before taking you to a …

Lloyd Lee   


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4 mins read

Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.

Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…

Vishal Persaud   


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1 min read

Softbank chief says that those who don't adopt AI are 'goldfish' who will be 'left behind'

The Softbank founder believes that AI will surpass all human knowledge by 2030.

Tom Carter   


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3 mins read

This Singapore startup makes banking accessible by opening branches in remote locations for just $150

An Indian-origin banker who was so consumed by the idea of making banking accessible for the unbank…

PTI   


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SoftBank's founder compared himself to Jesus and Yoda. His tech fund lost a record $32 billion this year.

SoftBank was once described as a "spaceship." Economic turmoil has brought it crashing to Earth.

Hasan Chowdhury   


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5 mins read

Magnificent 7 stocks aren't setting the market up for another tech bubble

In today's big story, we're looking at why the Magnificent 7's domination of the stock market might…

Dan DeFrancesco   


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2 mins read

Ola Electric has raised $100 million in debt to start producing its electric scooters soon

Ola Electric has raised $100 million of debt from the Bank of Baroda.

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3 mins read

Wall Street: Yet another SoftBank SPAC mess

In today's 10 Things on Wall Street: Another SoftBank SPAC implosion and Citadel welcomes its lates…

Aaron Weinman   


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2 mins read

Founder Adam Neumann and his wife used WeWork's elementary school to host weekend dinner parties and left a mess for teachers to clean up, new book says

From hiring nightmares and vegan lunches to $42,000 tuition, "The Cult of We" surfaces new details …

Hannah Towey,Sarah Jackson   


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Japan's billionaire space tourist gives away money as he returns to Earth

Yusaku Maezawa promised he'd give away funds on his inaugural 12-day trip to space and has granted …

Huileng Tan   


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3 mins read

Leah Rosenbaum,Megan Hernbroth   


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All eyes are on ARM as the chipmaker prepares to start trading in 2023's biggest IPO. It will be a massive test of confidence in the AI boom.

The SoftBank-owned chip firm is set to return to the public markets with a NASDAQ listing that coul…

Hasan Chowdhury   


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1 min read

Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion

The round also saw participation from Meesho’s existing investors Prosus Ventures, Facebook, Shu…

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1 min read

SoftBank's India investments might jump the $10 billion mark in the coming decade

"We have already invested $2 billion and we are interested in investing more," he said. "India has …

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1 min read

OYO eyes Rs 413 crore funding, to be valued at Rs 3129 crores

After this new round of funding, the post-money valuation of Ritesh Agarwal-led company will be at …

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2 mins read

Agritech startup Vegrow raises $13 million Lightspeed, Elevation

Vegrow has raised $13 million in a Series A round co-led by Lightspeed Venture Partners and Elevati…

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4 mins read

‘Iron Man’ Vijay Shekhar Sharma put his own money on the line to launch Paytm — and ten years later the company is ready to go public

Vijay Shekhar Sharma is not a man to be trifled with and he’s proven that time and again with the s…