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SoftBank Group Corp. News

The Good Times Are Over for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

DiDi Promises a Big Announcement in May

Chinese ride-hailing giant says it pursue listing its shares on the Hong Kong Stock Exchange.

Coinbase Rival FTX US Leaps to $8B Valuation Despite Crypto Washout

The ballooning valuation shows that investors are keeping their confidence in crypto, even as the prices of bitcoin and other tokens have tumbled.

Walmart Sees Plenty of Promise in Vertical-Farming Firm

Retail giant Walmart agreed to invest in Plenty, the South San Francisco vertical-farming company.

Uber's Travis Kalanick to Sell 30% of Stake for $1.4 Billion: Report

Former Uber CEO will cash in on Softbank-led deal.

Breaking News

Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest

Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.

General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division

"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.

Feds Could Stop Trump SPAC Deal

An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.

McDonald's Brings Back a Classic Menu Item (with a Catch)

You never know what the fast-food chain might bring back or create a new version of.