Thursday, July 29, 2021

Uber shares plunge after SoftBank is said to undertake a stake sale

SoftBank's motive to offload 45 million shares of Uber Technologies Inc. is said to be unrelated to the performance of Didi Global and Alibaba. The Japanese company just thought it was a good time to cash out.

from Tech-Economic Times https://ift.tt/3iceZGE
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...