SoftBank Group Corp. (SFTBF)
- The Telegraph
British tech champion Arm axes UK jobs as it prepares New York listing
Britain’s biggest technology company Arm is cutting one in 10 jobs at its UK headquarters as its Japanese owners prepare to float the $60bn (£48bn) semiconductor giant in America.
- Bloomberg
Klarna Faces Valuation Drop to $30 Billion as Seeks Funding
(Bloomberg) -- Klarna Bank AB is looking to tap investors for more cash in a move that would reduce its valuation by about a third, according to people familiar with the matter. Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsOne of the World’s Frothiest Housing Markets Turned Into a Seller’s Headache OvernightPutin’s War Means Russia’s Rich Aren’t Welcome at Davos AnymoreElon Musk Gets Defensive Over Twitt
- Bloomberg
Walmart-Backed PhonePe Buys Indian Wealth Management Firms
(Bloomberg) -- PhonePe, an Indian payments company backed by Walmart Inc., will acquire two wealth management firms for a total enterprise value of $75 million.Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsOne of the World’s Frothiest Housing Markets Turned Into a Seller’s Headache OvernightPutin’s War Means Russia’s Rich Aren’t Welcome at Davos AnymoreElon Musk Gets Defensive Over Twitter Meme as Harassm
