Others

SoftBank posts loss, with a cumulative loss of $6.3B in its Vision Fund business

August 8, 2023
As SoftBank prepares to dive deeper into AI investments, the group posted an unexpected consecutive quarterly overall loss, as well as a continued loss in its existing investment business. SoftBank’s Vision Fund 1 and 2 and its Latin American fund together posted a quarterly investment loss of 13 billion yen ($91 million). That is significantly […]

Apple Music adds a new algorithmic station to let users discover new music

August 8, 2023
Apple Music has added a new algorithmic radio station to the app called ‘Discovery Station’ in a way to compete with Spotify’s personalized lists. Apple’s Sweden-based rival service has offered its signature “Discover” playlists for years now. In response to that, Apple Music has started rolling out the new station for people to find new […]

Meet with Samsung Next and other pivotal partners at TechCrunch Disrupt 2023

August 7, 2023
TechCrunch Disrupt 2023, which runs September 19–21 in San Francisco, is the startup world’s big tent. It draws founders, venture partners, CEOs, engineers, scientists, policy makers, researchers and entrepreneurs, product managers, CMOs, corporate M&A directors, MBA candidates and business developers who form the entire backbone of the startup ecosystem. The basic gist: It’s where startups […]

GM’s BrightDrop to expand commercial EV business to Mexico

August 7, 2023
BrightDrop, GM’s commercial EV delivery business unit, announced Monday plans to expand sales of its flagship electric vans to Mexico.  The first two products coming to Mexico are the BrightDrop Zevo 400 and BrightDrop Zevo 600, according to the company. GM didn’t give a precise date of when Mexico-based customers can begin ordering its products, […]