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SoftBank Group Corp

British e-commerce firm THG to spin off technology platform Ingenuity

by Sipho Sepamla
British e-commerce firm THG to spin off technology platform Ingenuity

THG, which was previously known as The Hut Group, is an e-commerce business based out of the U.K. Pavlo Gonchar | Sopa Images | Lightrocket via Getty Images British e-commerce …

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Uber and Waymo partnership expanding to Austin and Atlanta

by Merchant Moller
Uber and Waymo partnership expanding to Austin and Atlanta

A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images …

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Asian chip-related stocks rally on renewed AI optimism

by Merchant Moller
Asian chip-related stocks rally on renewed AI optimism

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024.  Annabelle Chih | Bloomberg | Getty Images Asian …

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Asia markets: CPI, Inflation, Nvidia, FOMC

by Merchant Moller
Asia markets: CPI, Inflation, Nvidia, FOMC

TSMC offices in San Jose, California, US, on Thursday, April 18, 2024. David Paul Morris | Bloomberg | Getty Images Asia-Pacific markets rose Thursday, tracking gains on Wall Street fueled …

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Britain does bad job at commercializing tech globally: Former Arm CEO

by Sipho Sepamla
Britain does bad job at commercializing tech globally: Former Arm CEO

Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — …

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Nvidia $279 billion wipeout, the biggest in history, drags chip stocks

by Merchant Moller
Nvidia 9 billion wipeout, the biggest in history, drags chip stocks

People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, …

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Nvidia sell-off, weak U.S. data, Australia GDP

by Merchant Moller
Nvidia sell-off, weak U.S. data, Australia GDP

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific …

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Chrysler Not For Sale, Stellantis Won’t Kill Or Sell Any Brand

by Nevil Nickel
Chrysler Not For Sale, Stellantis Won’t Kill Or Sell Any Brand

Good morning! It’s September 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the …

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Uber takes stake in SoftBank-backed self-driving tech startup Wayve

by Sipho Sepamla
Uber takes stake in SoftBank-backed self-driving tech startup Wayve

Wayve CEO and co-founder Alex Kendall. Wayve LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving …

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Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

by Merchant Moller
Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel has sold its …

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