Softbank

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Monzo’s new valuation puts it in the upper echelons, just behind a pair of SoftBank Group-backed startups that raised money this year. Photograph: iStock

Online-only bank Monzo has closed a new funding round doubling the startup’s valuation to more than $2.5 billion (£2 billion), making it one of the UK(...)

Member of staff at Huawei’s flagship store in Bangkok, Thailand: firm has avoided   worst-case scenario. Photograph: Soe Zeya Tun

Panasonic said it was halting shipments of some components to Huawei that would fall under the proposed US export restrictions, in the latest setback (...)

Two of Britain’s largest mobile phone operators have pulled Huawei’s phones from their 5G networks.

Two of Britain’s largest mobile phone operators have pulled Huawei’s phones from their 5G networks, joining other global telecoms groups in dropping l(...)

The former CEO of Uber, is the largest individual shareholder, with 8.6 per cent of shares, and will be the undisputed winner of the day

They are the spoons full of sugar that make the bitter taste of capitalism go down. When billion-dollar technology startups go public, the media tends(...)

CRH finished the session up more than 0.5 per cent to €30.15, after its management update revealed plans for a further €350 million share buyback in coming months

The pan-European STOXX 600 index ended 0.1 per cent lower, breaking an eight-session winning run during which it gained 1.5 per cent. After opening lo(...)

Uber’s autonomous vehicle unit has raised $1 billion (€890 million) from a consortium of investors including SoftBank Group, giving the company a much(...)

Photograph: Lucy Nicholson/Reuters

Investors could get their first look at hundreds of pages of detailed information about Uber as soon as Thursday, as the ride-hailing giant gears up t(...)

The auto index was boosted by a 5 per cent jump in Fiat Chrysler on Tuesday. Photograph: Denis Balibouse/ Reuters

European indices performed well on Tuesday with the exception of the Iseq with investors hoping for a more accommodative US policy stance at the end o(...)

Uber’s pitch at Davos  had a whiff of desperation. Photograph: Laura Dale/PA Wire

There were many disconnects between last week’s World Economic Forum and the real world. One of the most notable was the techno-optimism displayed by(...)

 WeWork, the global flexible space and services provider, was launched in Dublin last year by Leni Zneimer, the then general manager for the UK and Ireland and current vice president of community. Photograph: Conor McCabe

Japan’s SoftBank has radically scaled back plans for fresh investment in WeWork, the loss-making, shared-office provider, following the recent tech st(...)

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