Son's Vision Soars As SoftBank Stock Hits Record High After Tech Slump
SoftBank stock soars to record highs, fueled by a strategic shift towards AI and the successful IPO of chip designer Arm. Founder Masayoshi Son reemerges with a bold vision for the future, but will SoftBank's AI gamble pay off or is this just another boom-and-bust cycle?
Jul 05, 2024 11:56 AM EDT
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![Labour Government's Trade Policy Shifts Threaten US, EU, and China Economic Alliances](https://1695419552.rsc.cdn77.org/data/images/full/17043/labour-governments-trade-policy-shifts-threaten-us-eu-and-china-economic-alliances.jpg)
Labour Government's Trade Policy Shifts Threaten US, EU, and China Economic Alliances
Labour Government's trade policy shifts under Keir Starmer threaten UK's economic alliances with the US, EU, and China.
![DC Faces Millions in Fines for Errors in Distributing Food Assistance](https://1695419552.rsc.cdn77.org/data/images/full/17041/dc-faces-millions-in-fines-for-errors-in-distributing-food-assistance.jpg)
DC Faces Millions in Fines for Errors in Distributing Food Assistance
Washington D.C. faces a $4.4 million fine for errors in distributing SNAP benefits. This is the second year in a row with high error rates, leaving families struggling with food insecurity. The overwhelmed D.C. Access System is blamed, but the USDA offers a chance to reinvest the fine for improvements.
![Financial Concerns Drive Gen Z and Millennials to Opt for Quiet July 4th Vacations](https://1695419552.rsc.cdn77.org/data/images/full/17040/financial-concerns-drive-gen-z-and-millennials-to-opt-for-quiet-july-4th-vacations.jpg)
Financial Concerns Drive Gen Z and Millennials to Opt for Quiet July 4th Vacations
Gen Z and Millennials are opting for "quiet vacations" this Fourth of July. Soaring travel costs and pressure to be "always on" are driving this trend. But is quiet vacationing a symptom of a broken PTO culture?
Latest News
Current and Former Players Participated in Four-Day NFL Finance Camp
National Football League (NFL) will hold boot camp on April 4 to 7, 2016. A total of 28 current and former players with their family members participated in the finance camp in Florida.
Mar 30, 2016 07:56 AM EDT
France Emerged as Booming Tech Landscape, Startups Raised Almost 1 Billion Euros in 2015
French tech startups managed to secure almost 1 billion euros in funding last year, establishing the country’s place in the European tech landscape. Most investments were still made by domestic investors, although there are prominent foreign investors involved in big fundings.
Mar 29, 2016 09:35 AM EDT
Nevada Waves $9.2 Million Sales Tax To Allure Hyperloop’s $121 Million Project
Hyperloop Technologies Inc. has been implementing an innovative idea of Tesla CEO Elon Musk through developing a new concept of transportation platform. The Los Angeles tech giant considers for spending $121 million to develop the full track at Apex Industrial Park. To allure the investment, Nevada state officials have waved $9.2 million sales tax applicable on the capital expenditure.
Mar 29, 2016 09:33 AM EDT
Ubisoft Managing Director Noticed Trust Established by Filipinos in Ubisoft Singapore, Expands Studios to the Philippines
Game developer Ubisoft is expanding its business to the Philippines and will be named Ubisoft Philippines. It will be headquartered in Sta. Rosa, Laguna which is a great geographical site. One reason for the move is the trust established by Filipino employees led by manager Chip Go that was being noticed by Ubisoft Managing Director Oliver de Rotalier.
Mar 29, 2016 09:32 AM EDT
Ineos Plans to Relocate HQ to England this 2016
After moving its headquarter for six years in Swiss, the petrochemical giant sets to return home. Founder and CEO Jim Ratcliffe planned to relocate its headquarter back to England.
Mar 29, 2016 09:29 AM EDT
Macquarie Led Group Wins Approval From Louisiana Acquiring Cleco For $3.4 Billion
A group of investors led by Macquarie has reached an agreement with utility company Cleco to acquire the latter for $3.4 billion during October 2014. The acquisition proposal has previously been rejected by Louisiana PSC last month due to absence of best interest offerings to the Cleco customers. However, the deal has been approved on Monday following revised commitments from both the parties.
Mar 29, 2016 09:27 AM EDT
Elon Musk’s SpaceX Success May Remain A Dream, Argues Neil deGrasse Tyson
Neil deGrasse Tyson has termed Elon Musk’s SpaceX project as a delusion and argues in favor of his claim. The cost involved appears to be the first hurdle since such gigantic project can’t be implemented without public funds or government patronization. The level of risk and lack of commitments for returning profits are the two other major causes behind his argument.
Mar 29, 2016 09:26 AM EDT
Elon Musk Learned Hard Lesson in Energy Storage
Tesla launched Powerwall last year as a residential backup power supply. However, as the market is not enthusiastic, the company quietly remove one of its product.
Mar 29, 2016 09:24 AM EDT
Gobi Partners and Malaysia Venture Capital to invest in Southeast Asia tech start-ups
Gobi Partners along with Malaysia Venture Capital has created a $14.5 million investment pool to focus on tech start-ups in the Southeast Asian region.
Mar 29, 2016 09:22 AM EDT
Another Canadian Startup Introduced Smart Shirt With Built-in Sensor
Smart shirt has been a new frontier in the wearable tech. Another Canadian startup company Hexoskin introduced its Hexoskin Smart product as another smart shirt.
Mar 29, 2016 09:21 AM EDT
Philippine Business Group Ayala Intends To Manufacture Local Car Brand With Spare Parts
Ayala Corporation, the largest business group by assets in the Philippines has already acquired certain stake in the automotive industry through IMI. Now, the conglomerate eyes to expand its dominance over the industry in line with a comprehensive program naming CARS. With support from the program, Ayala will go for manufacturing local car brand along with spare parts production facility.
Mar 29, 2016 09:20 AM EDT
Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group
Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in international as well as online markets.
Mar 29, 2016 09:16 AM EDT