Saturday, May 4, 2019

SoftBank plans IPO of $100 billion Vision Fund: Report

SoftBank is also in talks with Oman for an investment in the Vision Fund, which has raised nearly all of its funding so far from Saudi Arabia and Abu Dhabi http://bit.ly/2H0bQqM https://ift.tt/eA8V8J
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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...