Donald Trump

Blackstone, Saudi public fund plan $40b infra investment vehicle

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Fund to invest mainly in US infra projects.

Blackstone, PIF to set up infra fund
SoftBank's Son
Softbank-Saudi tech fund raises $93b in its first close

The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics. “The next stage of the Information Revolution is under way, and building… Read more »

Venture capitalists beware: Chinese factories may eat your lunch

For decades China’s contract manufacturers have been content mostly to churn out gadgets designed by the world’s tech companies. Now they’re going a step further — seeking out entrepreneurs and building their designs in hopes of finding the next must-have device. Plants like Jetta Company Ltd. in Guangzhou are cutting… Read more »

China takes an enlightened approach to tech

Amazon.com Inc.’s Jeff Bezos has made a career of being first in e-commerce. But in one critical area, he’s falling behind — thanks to Washington. While Bezos has been eager to deliver orders to customers in the U.S. with drones, Amazon’s efforts have so far been stymied by outdated regulations…. Read more »