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The Daily NewsBrief

The Daily NewsBrief

Venture Capital

Softbank Reports Staggering $27.5 Billion Loss

May 12, 2022

Investment giant Softbank announced that its Vision Funds unit lost 3.5 trillion yen ($27.5 billion) in the fiscal year that ended in March. SoftBank’s Vision Fund, which invests in high-growth … Read more

Media Topic: Tags Business finance Investment service Stock activity

Stanford Announces First Climate Change School With $1.1B From Venture Capitalist

May 5, 2022

Stanford University is launching a new school focused on climate change, with funding from John Doerr, a renowned Silicon Valley venture capitalist. Doerr and his wife Ann donated $1.1 billion … Read more

Media Topic: Tags Business finance Climate change Education University

SoftBank Invests $3 Billion for Latin America Tech Companies

September 15, 2021

SoftBank announced late Tuesday that it will commit $3 billion for a private investment funding that will be focused on technology companies in the Latin American market. In a statement, … Read more

Media Topic: Tags Investment service Investments Technology and engineering

DraftKings Stock Drops Over 5 Percent after Announcing Billion Dollar Convertible Debt Offering

March 16, 2021

Popular sports betting app DraftKings saw its shares take a dive of more than 5% on Monday following news that it would offer $1 billion in convertible debt offerings. The … Read more

Media Topic: Tags Casino and gambling Corporate financing Stocks
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