Giles Turner

Google acquires UK’s Arie Capital-backed sound tech startup Redux

Redux raised $5 million in March 2017, and concentrated on markets including computing, mobile, automotive and industrial controls.


SoftBank’s Vision Fund said to consider Ping An investments

The $97 billion Vision Fund is in talks to invest in Lufax, China’s largest online-financing company, OneConnect, which offers AI-powered services, and health-care portal Ping An Good Doctor. The fund would look to take between 5 percent and 10 percent of the companies.


Russia’s Yandex aims for U.S. IPO of its Uber taxi JV in 2019

Uber and Yandex agreed in July to merge their ride-hailing businesses in Russia.


Richard Branson joins Hyperloop board as it targets $200m funding

The company will be re-branded Virgin Hyperloop One.


SoftBank agrees to block Kalanick’s return to power at Uber if deal goes through

VC firm Benchmark has sought a guarantee in writing from SoftBank.


China-backed PE firm Canyon Bridge ready to bid for UK’s Imagination Tech

However it is keen to bid excluding the troubled chip-maker’s U.S. business


SoftBank said to pick up stake in Roomba maker in robotics push

SoftBank has built a less than 5% stake in IRobot, below the amount that would require a regulatory disclosure in the US.


Kinnevik to sell remaining $256m stake in Rocket Internet

Shares in Rocket Internet fell nearly 4% after Kinnevik said it was exiting it.


SoftBank fund in talks with Canada, Middle-East investors to raise $7b

The new commitments would take the total pool to $100 billion.


Faraday Future in talks to raise $1b to derisk itself from main backer LeEco woes

LeEco, controlled by Jia Yueting, is suffering from a cash crunch