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$100 billion Saudi-tied tech fund 'oversubscribed,' Son says

SoftBank Group Corp. is close to tying up $100 billion for a technology fund that it announced with the government of Saudi Arabia, the company’s founder and Chief Executive Officer Masayoshi Son has said. “I am talking to a few investors and I think we are oversubscribed,” Son said at ...

Dec 4, 2016

Sake brewery to open shop in Paris with Robuchon

Asahi Shuzo Co., maker of popular Japanese sake brand Dassai, will open a shop in Paris as early as next spring in collaboration with renowned French chef Joel Robuchon. The Paris outlet will sell Dassai and operate a bar, with Robuchon to oversee a ...

Dec 4, 2016

Apple reveals autonomous vehicle ambitions

Apple has revealed it is investing heavily in autonomous vehicles in a letter asking the government to make it easier to develop self-driving cars. The company is “excited about the potential of automated systems in many areas, including transportation,” Apple said in a November ...

Trump to inherit solid but uneven economy: jobs report

Dec 3, 2016

Trump to inherit solid but uneven economy: jobs report

The U.S. jobs report released Friday made one thing clear: President-elect Donald Trump will inherit the same two-track U.S. economy that bedeviled his predecessor. Hiring is solid and the unemployment rate low. But longer-term problems persist — especially a stubbornly high number of men ...

DeNA pulls eight online services amid reporting scandal

Dec 2, 2016

DeNA pulls eight online services amid reporting scandal

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A company behind a health care information website under fire over inaccurate, plagiarized articles on Thursday said it had temporarily suspended operations of eight other niche online services. It emerged this week that articles on DeNA Co.’s website Welq were not properly fact-checked and ...