Monday, November 8, 2021

SoftBank's Vision Fund unit suffers $10 billion investment loss

SoftBank Group Corp reported a quarterly loss on Monday as the Japanese conglomerate was whiplashed by a $10 billion hit at its Vision Fund unit amid falling valuations and a Chinese regulatory crack down on tech firms. https://ift.tt/31v0uHN

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Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined A$50M (Ben Westcott/Bloomberg)

Ben Westcott / Bloomberg : Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concern...