SFTBF News and Press, Softbank Corp Fgn From 12/12/20

Venture Capital Deals of the Week is going on holiday break. Check out a new column on January 23 at a new location, the Seeking Alpha Breaking News page. Intel (INTC) Capital became a strategic investor in Pico, a provider of technology services for global financial markets, and helped close...

NVIDIA (NASDAQ: NVDA) is flying high right now, riding a new hardware upgrade cycle driven by its graphics processing units (GPUs) for high-end video games and data centers in need of a computing update. The semiconductor leader isn't letting its foot off the gas, either, with its p...

Yesterday, The Korean Economic Daily reported that SoftBank ([[SFTBF]],[[SFTBY]]) had sold its robotics unit Boston Dynamics to Hyundia ([[HYMLF]],[[HYMTF]]) for around $921M.The companies have now confirmed the deal to Bloomberg but with different terms than previously reported. Hyundai is p...

Chase Coleman’s 13F portfolio value increased from $25.79B to $35.53B this quarter. Tiger Global increased Pinduoduo and CrowdStrike Holdings during the quarter. The largest three positions are JD.com, Microsoft, and Sunrun and they add up to ~25% of the portfolio. Fo...

The Korean Economic Daily reports that SoftBank ([[SFTBF]],[[SFTBY]]) has sold its Boston Dynamics robotics unit to Hyundai ([[HYMLF]],[[HYMTF]]) for around $921M.Last month, Bloomberg said the companies were nearing a deal for Boston Dynamics, which started its life at MIT before being acqui...

Food delivery company DoorDash and AI software company C3.ai rocketed out of the IPO gates today with opening trades up 78% and 138% from the pricing, respectively.Earlier this year, SoftBank ([[SFTBF]],[[SFTBY]]) had to take write-offs on its investments in WeWork and Uber, which led to...

Bloomberg sources say SoftBank ([[SFTBF]],[[SFTBY]]) head Masayoshi Son could take the company private by buying back enough shares to have the leverage to push out the other remaining investors.Son wouldn't buy shares but his ownership stake of 27% would grow as other investors sold the...

There is no doubt that many retail investors have entered the market ever since April and contributed to its rising hubris. However, they are not the ones driving the markets. One should still pay more attention to what institutional investors are doing. A sound investment strateg...

There's a rumor that Salesforce.com is interested in Slack. It seems to me the rumor is likely true because it is widespread, reasonably specific and it makes sense. From a strategic perspective, it is easy to see how this could be a powerful combination. Salesforce has a hist...

Kaixin gained significant investor interest shortly before announcing a merger with Chinese motor vehicle e-commerce platform Haitaoche. However, details on the deal are few and Kaixin itself is experiencing significant issues with its business. I think Kaixin could be worthless, ...