The Japanese conglomerate, which bet big on tech start-ups with its $100 billion Vision Fund, also expects its first annual loss in 15 years.
Tag: Start-ups
In the Heart of Israel’s ‘Start-up Nation,’ an Exclusive Scene Opens Up
Tel Aviv’s flourishing tech sector is expanding and diversifying, offering travelers a surprising new lens on the city.
Oyo Scales Back as SoftBank-Funded Companies Retreat
The Indian hospitality start-up is losing hotel rooms and has stepped back from more than 200 cities as part of a broader pullback by firms financed by SoftBank.
At SoftBank’s Jewel in India: ‘Toxic’ Culture and Troubling Incidents
Backed by SoftBank, Oyo aims to be the world’s biggest hotel chain. But its growth was fueled by questionable practices, employees said.
Uber in Talks to Sell Its Food-Delivery Business in India
Dara Khosrowshahi, Uber’s chief executive, is paring back the company’s money-losing businesses.
Prime Leverage: How Amazon Wields Power in the Technology World
Software start-ups have a phrase for what Amazon is doing to them: ‘strip-mining’ them of their innovations.
Prime Leverage: How Amazon Wields Power in the Technology World
Software start-ups have a phrase for what Amazon is doing to them: ‘strip-mining’ them of their innovations.
The SoftBank Effect: How $100 Billion Left Workers in a Hole
SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents around the world.
Inside India’s Messy Electric Vehicle Revolution
A million electric rickshaws sprang up out of nowhere and are now being used by 60 million people a day. The government and vehicle makers are struggling to catch up.
Facial Recognition Tech Is Growing Stronger, Thanks to Your Face
Large databases, built with images from social networks and dating services, contain millions of pictures of people’s faces. Some are shared worldwide.