SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments

The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments met through its Vision Fund and wagers on the co-working real estate company WeWork and satellite telecommunications company OneWeb. Ultimately, the company expects the…

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Canoo, the electric vehicle startup formed from Faraday Futures ashes, seeks $200 million

Less than a few months after rebranding as Canoo, the startup electrical vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a control of private individuals and…

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