SoftBank Vision Fund

Photo: Japan Times

SoftBank Reports $3.5 Billion Loss Due To China's New Regulations

SoftBank on November 8, reported a sharp decline in its half-yearly profit with a net loss of 3.5 billion dollars. According to reports, China's stricter regulations on technological companies have directly caused an impact on profits, as the company plays a key role in Chinese Startups. Shares of Alibaba and Didi Global, in which SoftBank has a major stake, fell drastically, losing 45 percent loss in revenue, as per reports. 

Tue, 09 Nov 2021 - 09:00 AM / by SAM RAHUL RAJA…

You May Like

French President Emmanuel Macron.

French President Says Australian PM Lies Over Submarine Deal

French President Emmanuel Macron, during the G20 summit, said that Australian PM Scott Morrison lied to him over the cancellation of a submarine contract. Reportedly, Australia had to scrap the multi-million dollar project over security issues… read-more

TAGS: Emmanuel Macron, Scott Morrison, France, Australia, G20 Summit

Delivery man and dog

Delivery Man Saves A Dog Whose Leash Gets Suck In An Elevator: China

In China, a delivery man's rapid response saved a dog's life when its leash got caught in an elevator. The dog attempts to break free but is hoisted off the ground as the elevator advances to another floor. On the next floor, the guy grabs the… read-more

TAGS: China, dog, elevator, delivery guy, Viral video

Covaxin

Covaxin Maker Seeks Approval In US For Children Under 18 Years

Bharat Biotech's partner Ocugen on November 6, asked the US Food and Drug Administration (FDA) for the emergency use authorisation of Covaxin for children under 18 years. Earlier the vaccine was granted approval by the World Health Organisation (… read-more

TAGS: covid 19, Coronavirus, Covaxin, Bharat biotech, FDA

Epsilon 5 rocket.

Japan Launches Small Epsilon 5 Rocket Carrying Nine Satellites

Japan successfully launched a small Epsilon 5 rocket carrying nine satellites. The launch took place at the Uchinoura Space Center in Kagoshima's southwestern region and was aired live by the Japan Aerospace Exploration Agency (… read-more

TAGS: Japan, satellites, Rocket, epsilon, Japan Aerospace Exploration Agency

Malala Yousafzai with her husband Asser Malik.

Nobel Laureate Malala Yousafzai Gets Married With Pakistan's Asser Malik

Pakistani activist Malala Yousafazi, a Nobel Peace prize winner, on November 9 announced her marriage with her partner Asser Malik on social media. The 24-year-old said that the marriage ceremony took place at her home in England's Birmingham.… read-more

TAGS: Pakistani Activist, Marriage, Birmingham, Nobel Winner, Malal Yousafzai

Nykaa founder Falguni Nayar

Falguni Nayar Becomes India's Wealthiest Female 'Self-Made' Billionaire: Nykaa

Falguni Nayar, the founder of the beauty and fashion retailer Nykaa, on November 10 became India's wealthiest female self-made billionaire as per Bloomberg Billionaires Index. The market cap of the company also hit an overall valuation of $1… read-more

TAGS: Nykaa, Investment Banker, Billionaire, Bloomberg, IPO