Thursday, July 29, 2021

Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi (CNBC)

CNBC:
Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi  —  - Investors have pushed down Didi shares on concerns that the Chinese government was planning to impose fines on the company.



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...