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New Shein Executive Aims to Expand Supply Chain Outside China
Business

New Shein Executive Aims to Expand Supply Chain Outside China

The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. Source link

SoftBank's Son Says Artificial General Intelligence Will Soon Surpass Humans
Business

SoftBank's Son Says Artificial General Intelligence Will Soon Surpass Humans

“Take advantage of it or be left behind,” the CEO said at the investment company’s annual SoftBank World event. Source link

CEO of Naspers and Prosus Steps Down
Business

CEO of Naspers and Prosus Steps Down

South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link

Arm Sets IPO Price at $51 a Share
Business

Arm Sets IPO Price at $51 a Share

British chip designer drops price after initially considering $52 a share. Source link

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Business

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest

Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link

SoftBank Posts Another Loss Despite Tech-Share Rebound
Business

SoftBank Posts Another Loss Despite Tech-Share Rebound

A return to profit for SoftBank’s Vision Fund wasn’t able to stem the red ink for the investment company. Source link

Venture Firms Scale Back Megafunds
Finances

Venture Firms Scale Back Megafunds

The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link

Growing CEO Pay Gap Gives New York an Extra Edge Over London
Business

Growing CEO Pay Gap Gives New York an Extra Edge Over London

Chief executives of U.S.-listed companies can easily make triple what their U.K. counterparts earn. Source link

Growing CEO Pay Gap Gives New York an Extra Edge Over London
Finances

Growing CEO Pay Gap Gives New York an Extra Edge Over London

Chief executives of U.S.-listed companies can easily make triple what their U.K. counterparts earn. Source link