Giles Turner
Stories by Giles Turner
China-backed PE firm Canyon Bridge ready to bid for UK’s Imagination Tech
However it is keen to bid excluding the troubled chip-maker’s U.S. business
SoftBank said to pick up stake in Roomba maker in robotics push
SoftBank has built a less than 5% stake in IRobot, below the amount that would require a regulatory disclosure in the US.
Kinnevik to sell remaining $256m stake in Rocket Internet
Shares in Rocket Internet fell nearly 4% after Kinnevik said it was exiting it.
SoftBank fund in talks with Canada, Middle-East investors to raise $7b
The new commitments would take the total pool to $100 billion.
Faraday Future in talks to raise $1b to derisk itself from main backer LeEco woes
LeEco, controlled by Jia Yueting, is suffering from a cash crunch
SoftBank said near closing technology fund with $95b
SoftBank to contribute $25 billion of its own capital in the next five years.
25-year-old Tink Labs founder may soon give HK its first $1B startup
Think Labs is in the process of raising about $40m at over $1b valuation.
After Google grounds drone project, Facebook ramps up flights
Facebook to ramp up test flights for its experimental solar-powered glider.
Snapchat parent linked to Swiss startup that fights copycats
Snap recently hired Laurent Balmelli of Strong.Codes.
