Tag: softbank
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Growth is not enough
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We were a smaller team this week, with Natasha and Alex joined by Grace and Chris to sort through a week that brought together both this quarter’s earnings cycle and the Q3 IPO rush. So, it was just a little busy!…
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Huge swings in options-overrun stocks leave manager baffled
From Sarah PonczekNancy Tengler has managed money for 35 decades. She’so convinced in her positions. When one of her businesses reports good earnings, she expects it to go up.But nothing prepared her for what happened on Aug. 26 in Salesforce.com Inc., when its quarterly results sparked a paroxysm of buying that pushed the shares 26%…
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From Amazon to Tesla, SoftBank bets $3.9 bln
By Pavel AlpeyevSoftBank Group Corp. has invested about $3.9 billion into 25 of the world’s largest technology companies including Amazon.com Inc., Tesla Inc., Netflix Inc. and Alphabet Inc.The Japanese conglomerate owned $1.04 billion of Amazon stock, its biggest investment, a $475 million stake in Alphabet, $248.6 million of Adobe Inc. and $189 million of Netflix,…
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Energy Vault raises $110 million from SoftBank Vision Fund as energy storage grabs headlines
Imagine a moving tower made from huge cement bricks weighing 35 metric tons. The motion of these enormous blocks is powered by solar or wind energy plants and is a means to store the energy these plants generate. Software controls the motion of the blocks automatically, responding to changes in power availability across an electrical…
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Udelv partners with H-E-B on Texas autonomous grocery delivery pilot
Autonomous shipping firm Udelv has signed yet another spouse to launch a new pilot of its self-driving goods delivery agency: Texas-based supermarket H-E-B Group. The pilot will provide service to customers in Olmos Park, just outside of downtown San Antonio where the grocery merchant is based. California-based Udelv will provide H-E-B with one of its…
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Udelv partners with HEB on Texas autonomous grocery delivery pilot
Autonomous delivery firm Udelv has signed yet another partner to start a brand new pilot of its self-driving merchandise delivery service: Texas-based supermarket HEB Group. The pilot will offer service to clients in Olmos Park, just outside of downtown San Antonio in which the grocery merchant relies. California-based Udelv will offer HEB with one of…
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Domino’s serves up self-driving pizza delivery pilot in Houston
Domino’s really emphasizes its commitment to “innovation,” but even if it’s a marketing tactic, the global pizza brand does indeed walk the walk. Case in point: It’s launching a new pilot for self-driving pizza delivery in Houston in partnership with Nuro. Autonomous-driving tech startup Nuro was founded by Dave Ferguson and Jiajun Zhu, two veterans…