Supantha Mukherjee
Stories by Supantha Mukherjee
Swedish fintech Juni raises $100m equity funding led by Mubadala unit
It also raised $106 million in venture debt from Silicon Valley-based TriplePoint Capital.
Gaming company Kepler raises $120m from China’s NetEase
Kepler will have operational hubs in London and Singapore, with teams spread over 10 countries.
SoftBank’s Son expects mass production of driverless cars in 2 years
SoftBank has a stake in self-driving car maker Cruise, which is majority-owned by General Motors.
Uber to focus on core rides and delivery business, cuts 23% of workforce
The company also plans to reduce investments in several "non-core projects."
Netflix to raise $1b in debt to fund original content
Netflix plans to use some of the cash to acquire content and for possible acquisitions.
Blackstone-backed Vivint Smart Home to merge with SoftBank unit
Mosaic Acquisition Corp, formed by SoftBank unit Fortress Investment Group for making acquisitions, will take on the Vivint name after the deal clos
Tencent bids for Chinese car comparison site Bitauto
The buyout offer is the latest sign of the Chinese tech giant's determination to plough ahead with further expansion.
Ultimate Software agrees to $11b buyout by Hellman-led investor group
The investor group includes Blackstone Group LP, GIC Pte Ltd, Canada Pension Plan Investment Board (CPPIB) and JMI Equity.
Saudi sovereign wealth fund PIF slashes exposure to Tesla
Public Investment Fund (PIF), with help from JPMorgan Chase, hedged most of its 4.9 percent stake in Tesla after the market closed on January 17.
Musk’s Tesla buyout plan – No formal offer, no firm deals with advisers
Three members of Tesla's board will now weigh whether it is advisable - or even feasible - to pursue what could be the biggest-ever go-private deal, a
