Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license
They are nowhere near listing-ready, we're not in 2021. Will they ever be? … Maarten Ectors : Vodafone and BT are axing tens of thousands of jobs because of technology innovations. Revolut made most...
Some UK officials and SoftBank staff blame onerous FCA rules, complexity and cost, inflexibility, and political chaos for Arm's decision to shun London listing
Financial Times :
China's edtech overhaul could eliminate foreign investors from the sector and wipe out billions invested by Sequoia, Tiger, Tencent, and SoftBank's Vision Fund
Financial Times :
Sources: ridesharing giant Didi gave Chinese regulators the impression it would pause its IPO, as it told bankers in New York it had a green light from Beijing
Goldman, Morgan Stanley and JP Morgan—have faced investor anger over why they didn't see this coming. Japan's SoftBank, a big financial backer, was surprised to see Didi move so quickly, and left in t...
UK says it will intervene in SoftBank's sale of ARM to Nvidia on national security grounds
UK says it will intervene in SoftBank's sale of ARM to Nvidia on national security grounds
Britain said on Monday it would intervene in SoftBank's (9984.T) sale of chip designer ARM Holdings to U.S. group Nvidia (NVDA.O) on national security grounds, and had requested a report on the implic...
Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with SoftBank and Alphabet
- Walmart wanted to be the majority owner of TikTok, but the U.S. government demanded a technology company that could secure …
Millions of users on O2 in UK are unable to use mobile data due to a software problem in Ericsson's equipment; SoftBank in Japan was affected for several hours
Millions of mobile phone users around the world have been unable to use their smartphones after a software issue in systems provided by Ericsson caused major disruption.