#fund

11:29am, 3rd June, 2020

Israel's Team8 launches VC fund to invest in AI, cybersecurity

Israeli cyber group Team8 said on Wednesday it launched Team8 Capital, a new venture capital fund that will focus on technology investments in data, artificial intelligence (AI) and cybersecurity.

SoftBank Vision Fund head's pay doubled last year despite massive losses

11:20pm, 28th May, 2020

News

SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's underperformance pushed SoftBank to a record operating loss of some $13 billion.

Philippine lawmaker proposes tax targeting tech giants to fund virus fight

11:29pm, 21st May, 2020

News

Philippine lawmaker proposes tax targeting tech giants to fund virus fight

A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet's Google and Youtube, Netflix and Spotify, to raise funds to battle the coronavirus.

SoftBank's Vision Fund tumbles to $18 billion loss in 'valley of coronavirus'

5:14am, 18th May, 2020

News

SoftBank's Vision Fund tumbles to $18 billion loss in 'valley of coronavirus'

Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to a record loss and highlighting the deepening crisis at its portfolio companies from the global downturn.

SoftBank Vision Fund records $18 billion operating loss, portfolio slides underwater

3:08am, 18th May, 2020

News

SoftBank Vision Fund records $18 billion operating loss, portfolio slides underwater

Japan's SoftBank Group Corp on Monday reported an annual 1.9 trillion yen ($18 billion) operating loss at its gargantuan Vision Fund, as its tech bets slid below cost, pushing the group to its largest-ever loss.

Israel's S Capital raises second investment fund of $120 million

8:03am, 20th April, 2020

News

Israel's S Capital raises second investment fund of $120 million

S Capital, an Israel-based venture capital investment firm, said on Monday it closed a second direct investment fund of $120 million that will focus on early-stage tech startups.

Netflix adds $50 million to relief fund for production workers

11:23pm, 17th April, 2020

News

Netflix adds $50 million to relief fund for production workers

Netflix Inc has increased the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total for displaced production workers to $150 million, a company spokeswoman said on Friday.

Venture capital firm Atomico backs European tech with $820 million fund

2:05am, 18th February, 2020

News

Venture capital firm Atomico backs European tech with $820 million fund

Venture capital firm Atomico has closed its fifth fund with $820 million to invest in early-stage technology companies in Europe, a region it said had come of age in terms of innovation and opportunity.

White House proposal to tap Pell Grant fund casts a pall over NASA’s moon plans

12:24am, 15th May, 2019

Space

White House proposal to tap Pell Grant fund casts a pall over NASA’s moon plans

NASA Administrator Jim Bridenstine, at left, discusses the plan to send astronauts to the moon by 2024 as three of his associate administrators — William Gerstenmaier, Jim Reuter and Thomas Zurbuchen — look on during a town hall at NASA headquarters....

Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed

11:55pm, 6th May, 2019

News

Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed

Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost $100 billion Vision Fund through an IPO.