SoftBank writes down nearly $100 million investment in FTX

1 Mobility Needs

SoftBank writes down nearly $100 million investment in FTX

As more details emerge regarding the events that led to FTX’s bankruptcy and stunning collapse, the cryptocurrency exchange’s investors are also being scrutinized. Namely, many people are asking just how could so many high-profile investment firms pour a collective $2 billion with apparently so little due diligence. The notorious Japanese investment conglomerate SoftBank, for example, […]

SoftBank writes down nearly $100 million investment in FTX by Mary Ann Azevedo originally published on TechCrunch

SoftBank writes down nearly $100 million investment in FTX

2022-11-15 05:03

17 views

Same Tag Posts

  1. MagicSchool thinks AI in the classroom is inevitable, so it’s aiming to help teachers and students use it properly ()
  2. Zuckerberg disses closed-source AI competitors as trying to ‘create God’ ()
  3. Andrew Ng plans to raise $120M for next AI Fund ()
  4. VW taps Rivian in $5B EV deal and the fight over Fisker’s assets ()
  5. FCC rule would make carriers unlock all phones after 60 days ()
  6. Dream Chaser spaceplane is off the manifest for ULA’s second Vulcan launch ()
  7. Google improves search experience in the Chrome mobile app ()
  8. Persona’s founders are certain the world can use another humanoid robot ()
  9. This Week in AI: The fate of generative AI is in the courts’ hands ()
  10. TikTok’s Instagram rival, Whee, has no traction ()

Same Category Posts