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Shares of Better whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade

Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SP…

Huileng Tan   


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Delhivery shares edge lower after SoftBank offloads 3.8% stake for ₹954 crore

Shares of logistics provider Delhivery were down 2% in morning trade on Thursday, a day after Japan…

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3 mins read

Dominick Reuter   


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SoftBank CFO's pay fell nearly 40% after the company's VC fund lost $26.2 billion, a report says

The 100 million yen paycheck for SoftBank's founder and CEO Masayoshi Son stayed roughly the same b…

Rosie Bradbury   


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CloudKitchens, ghost restaurant news and updates

Discover the latest news and updates on CloudKitchens. The ghost restaurant is part of a new busine…

Meghan Morris   


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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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Former WeWork CEO Adam Neumann reportedly hosted a 9 a.m. party for employees to celebrate the company going public

Neumann, who resigned as CEO in 2019, has a roughly 10% stake in the company.

Francis Agustin   


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The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…

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1 min read

Watch Larry Page playfully kick Boston Dynamics' robotic dog before Google sold the firm to Softbank in a newly-surfaced video

Kicking or pushing is standard practice for testing in the industry but has drawn complaints of "ro…

Katie Canales   


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4 mins read

Good news turns tech upside down as Jeff Bezos looks for friends

In this week's edition of the Insider Tech newsletter we look at the series of most recent shocks t…

Alexei Oreskovic   


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Kate Duffy   


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3 mins read

Softbank-backed Paytm fast tracks IPO plan a year into the pandemic ⁠— a $3 billion fundraising could be the biggest market debut in India

Paytm, one of the leading digital payments providers in India, is eyeing a bumper ₹21,000 crore ($3…

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Masayoshi Son, the CEO of SoftBank and the 2nd-richest person in Japan, joins the growing chorus of voices calling to cancel the Tokyo Olympics

"Currently more than 80% of people want the Olympics to be postponed or canceled. On what authority…

Katie Warren   


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1 min read

SoftBank will cut investments in Chinese startups as it awaits more regulatory clarity

"Until the situation is clearer we want to wait and see," CEO Masayoshi Son said. "In a year or two…

Isabelle Lee   


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WeWork cut two-thirds of its staff as its valuation plunged $38 billion, the startup revealed in a new pitch to investors

More than 8,000 people lost their jobs in the past year and a half at WeWork, as the company trimme…

Natasha Dailey   


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Softbank will invest $100 million to make Miami a new tech hub

Softbank's COO says the Florida city has the right quality of life and tax structure to support a b…

Fatma Khaled   


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3 mins read

Leah Rosenbaum,Megan Hernbroth   


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Biotech's top investors, ranked

These are Insider's biggest healthcare stories for December 9.

Leah Rosenbaum   


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Softbank CEO Masayoshi Son says he and Alibaba's Jack Ma send each other drawings to keep in touch

The two businessmen have been friends for years, and Son said on Monday that they've kept tabs on e…

Katie Canales