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Thursday, May 30, 2019

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT

SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal.


from Reuters: Business News https://reut.rs/2Mi5JTo

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Netflix co-founder Reed Hastings to step down as chairman

Hastings set up the company in 1997, when it rented DVDs to customers and delivered by post. from BBC News https://ift.tt/Dg6whfx