#Uber rival and Chinese ride-hailing giant Didi files for IPO

#Uber rival and Chinese ride-hailing giant Didi files for IPO

“#Uber rival and Chinese ride-hailing giant Didi files for IPO” Didi Chuxing, China’s biggest ride-hailing firm, on Thursday made public its filing for a US stock market listing, setting the stage for what is expected to be the world’s biggest initial public offering this year. The company – backed by Asia’s largest technology investment firms, SoftBank,…

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#Real estate giant Compass valued at .2B in NYSE debut

#Real estate giant Compass valued at $8.2B in NYSE debut

“#Real estate giant Compass valued at $8.2B in NYSE debut” Shares of SoftBank-backed Compass jumped 18 percent in their stock market debut on Thursday, giving the real estate brokerage firm a market value of $8.22 billion, after being priced at the lower end of the reduced initial public offering price range. The stock opened at $21.25,…

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#WeWork’s Adam Neumann reportedly eyes SoftBank settlement

#WeWork’s Adam Neumann reportedly eyes SoftBank settlement

“#WeWork’s Adam Neumann reportedly eyes SoftBank settlement” Adam Neumann’s golden parachute keeps getting smaller. The WeWork co-founder is discussing a settlement with SoftBank that would cut his payout from the Japanese investment giant roughly in half, according to reports. Neumann and WeWork filed separate lawsuits against SoftBank last spring after it abandoned plans to buy…

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#Hyundai to take over robot-maker Boston Dynamics

#Hyundai to take over robot-maker Boston Dynamics

“#Hyundai to take over robot-maker Boston Dynamics” Hyundai Motor Group just bought itself a new robotic pet. The South Korean automaker announced plans Friday to take a controlling stake in Boston Dynamics, the cutting-edge tech firm known for its unsettlingly advanced dog-like robot. Hyundai said it will buy about 80 percent of Boston Dynamics from…

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# Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO

# Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO

“# Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO ” While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction.  Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that he “doesn’t understand” Bitcoin…

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