Thursday, April 13, 2023

SoftBank to sell nearly all its stake in Alibaba: Report

Shares in Alibaba, one of the most valuable assets in SoftBank's portfolio, tumbled as much as 5.1% in Hong Kong following the report before paring the loss to 3.3%. SoftBank shares traded unchanged, tracking a broader market.

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

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...