They helped launch the first Vision Fund with 60 billion dollars in backing.
But SoftBank's close links with Saudi Arabia compelled founder and CEO Masayoshi Son to defend the relationship publicly ... After Saudi security personnel were accused of murdering Saudi journalist Jamal Khashoggi.
Star up WeWork continues to flounder. In 2019 troubled start up WeWork pulled its IPO. The company reduced the size of the IPO after consumers lost interest in the company. Cofounder Adam Neumann was ousted as CEO and chairman. Real-estate veteran Sandeep Mathrani started as CEO in February. In April, investor SoftBank backed out of its plan to buy $3 billion worth of WeWork shares, including nearly $1 billion from Neumann. Two of WeWork's board members then sued the investor.
After considering a massive valuation cut to drum up investor interest, WeWork pulled its IPO in 2019. At the time, co-founder Adam Neumann was ousted as CEO and chairman. In April, investor SoftBank backed out of its plan to buy $3 billion worth of WeWork shares, including nearly $1 billion from Neumann. The novel coronavirus COVID-19 pandemic has done no favors for the company.
Amazon Prime Video's app for Windows 10 is now available in the Microsoft stores with one notable feature for the users.While it's always been possible to stream Prime Video content through a browser, users were not able to download videos on a Windows device to watch offline. However, this has been changed with the availability of the dedicated app as it presents users with an option to download content for offline viewing.Under the description of the app, it has been mentioned that users can download videos to watch offline. Also, the Amazon Prime Video's app for Windows 10 is free to download but users will require the streaming platform's subscription.
For Pro, Education, and Enterprise users of Microsoft's Windows 10 operating system, there used to be some perks. One benefit Home users didn't have was the ability to postpone major updates for up to a year. But now, Gizmodo reports Microsoft has quietly dropped the feature. Now, the optional delay has been shortened to 35 days, which is what Home users have. According to Microsoft, this change is intentional, and was made to 'prevent confusion.
Google is working on several new features including background blur, low-light mode and background replacement images for its video calling application Meet. Alike rival videoconferencing platforms Zoom and Microsoft Teams, Google Meet users will be able to either choose their own image or pick from several default options. Google confirmed to The Verge that in addition to background blur and background replacement images, real-time captioning, low-light mode, hand-raising, and a tile view of up to 49 meeting participants will be rolled out to the consumer version of Meet. Google integrated Meet into Gmail last month, adding a sidebar link and making meetings of up to 100 people with no time limits available to anyone with a Google account.
Samsung Electronics has announced that Apple Music on Samsung Smart TVs will now feature and display millions of real-time synced lyrics that animate along with the music. Users can easily scroll through a song by flipping through the lyrics, jump to a certain section, skip straight to the chorus or see where they are at in the song whenever they want. "Available on 2018 to 2020 Samsung Smart TV models, Apple Music time-synced lyrics make it easier and more fun than ever for users to sing or rap their hearts out to their favorite songs - or to discover the words of the latest hits," the company said in an official statement. The users can also search for a particular lyric, find the song, and learn the rest of the words simply by hitting play.
14 Indian national passengers coming from UAE and Saudi Arabia were intercepted by the custom team on July 07. The incident took place at the Jaipur International airport. Over 31 kilograms of gold worth over Rs. 15 crores was recovered from them.
The UK's first sanctions for human rights abuse will cover those involved in the deaths of the Russian lawyer Sergei Magnitsky and the Saudi journalist Jamal Khashoggi, the systematic killings of the Rohingyas in Burma and the North Korean gulags. Foreign Secretary Dominic Raab said the measures being brought in by the Government today will "hold to account the perpetrators of the worst human rights abuses".
Credit: PA - Press Association STUDIO Duration: 01:18Published
Foreign Secretary Dominic Raab introduces the UK's first sanctions regime that targets people who have committed the gravest human rights abuses. He mentions specifically those involved in the deaths of the Russian lawyer Sergei Magnitsky and the Saudi journalist Jamal Khashoggi, the killings of the Rohingyas in Myanmar and the North Korean gulags. Report by Bassaneseg. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The NY Times and Business Insider report that Uber is holding acquisition talks with food delivery startup Postmates. Earlier this year Uber was reported to be holding acquisition talks with Grubhub. But those talks reportedly fell through. In mid-June Grubhub announced it was merging with Just Eat. Postmates is smaller than Grubhub, and would be more amenable to a take-over.
Just Eat Takeaway, a food-delivery service based in Europe, bought Grubhub. According to Gizmodo, while sales have spiked, operation costs have also been high. The acquisition of Grubhub makes it the largest digital food delivery service operator outside of China. Stories analyzing the deal pointed out a European deal was less likely to get blocked by antitrust regulators. Before Just Eat Takeaway acquired Grubhub, Uber wanted to also buy the food-delivery service.
Equity benchmark indices edged higher during early hours on Friday due to gains in index heavyweight Reliance Industries and metal stocks. At 10:15 am, the BSE S-P Sensex was up by 117 points or 0.34 per cent at 34,098 while the Nifty 50 edged higher by 67 points or 0.67 per cent at 10,096. All sectoral indices at the National Stock Exchange were in the positive zone with Nifty PSU bank up by 2.4 per cent, metal by 2.1 per cent and private bank by 1.3 per cent. Among stocks, Reliance Industries Ltd (RIL) share price touched a record high of Rs 1,602, rising 1.4 per cent after the announcement that Abu Dhabi fund Mubadala is going to invest Rs 9,093 crore in its digital arm Jio Platforms.
Airlines from America to Australia are ramping up flights in June and July, with U.S. carriers targeting the great outdoors, boosting hopes for a pickup in tourist traffic even as global air travel remains slow. Gloria Tso reports.