softbank losses Archives - The Tech Portal

Softbank records historic $18 Billion loss as startup investments crumble

Softbank’s latest financial reports reveal an overall operating loss of 1.36 trillion…

Shalabha Sarath
May 18, 2020
2 minute read

Business

Softbank’s Masayoshi Son admits to ‘poor judgement’ after company’s $8.9 Billion loss

This Wednesday, Softbank’s CEO Masayoshi Son spoke on the company’s whopping $8.9…

Aditya Srivastava
November 7, 2019
2 minute read

UK competition watchdog investigates Microsoft, Amazon’s AI deals with Mistral, Anthropic, others

The red-hot race for dominance in artificial intelligence (AI) is facing a…

Soumyadeep Sarkar
April 25, 2024
3 minute read

TikTok

US Prez Biden signs new bill that would ban TikTok if Bytedance doesn’t sell it in a year

[Update]: Joe Biden, US President, has signed the bill, making it a…

Soumyadeep Sarkar
April 25, 2024
3 minute read

Tesla Model S

Tesla Q1’24 profits less than half of Q1’23, company to fast-track affordable EV roll-out

Tesla, the Elon Musk headed EV maker, reported a notable 9% drop…

Soumyadeep Sarkar
April 24, 2024
3 minute read

Global
News

Amazon ends drone deliveries in California, expands to other US geos

Amazon’s Prime Air program has long been a source of debate. Unveiled…

Soumyadeep Sarkar
April 23, 2024
2 minute read