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Create your free profile or log in to save this articleCreate your free profile or log in to save this articleEnglish Premier League giants Manchester United fired coach Erik ten Hag on Monday, after two-and-a-half years at the helm of the storied club. The Dutchman was appointed in April 2022 and won the 2023 Carabao Cup and 2024 F.A. But the club failed to qualify for this season's Champions League, Europe's premier competition, and currently sits 14th in the Premier League table after making its worst start to a season in 35 years. Ten Hag was informed of the decision less than 24 hours after a 2-1 defeat to West Ham United. Brazilian winger Antony, a favorite of ten Hag from his time in charge of Dutch giants Ajax, exemplified the coach's transfer market failings.
Persons: Erik ten Hag, Justin Setterfield, Erik, Ruud van Nistelrooy, Sir Alex Ferguson, , Sir Jim Ratcliffe, Van Nistelrooy Organizations: English Premier League, Manchester United, Champions League, Premier League, West Ham United, Scotsman, Manchester City, United, Ajax Locations: West Ham, Abu Dhabi
UFC CEO Dana White wants to change the sport's ranking system. White said he talked to Mark Zuckerberg about how artificial intelligence could help. AdvertisementMeta CEO Mark Zuckerberg could help improve the UFC's ranking system, which has become a point of contention for UFC CEO Dana White. The ranking system is generated by a voting panel comprised of media members from select outlets. White has criticized the UFC's ranking system in the past, including during a press conference earlier this month.
Persons: Dana White, White, Mark Zuckerberg, Zuckerberg, , Ilia Topuria, Max Holloway, David Zalubowski, Joe Rogan, Khai Wu, Elon Musk Organizations: Service, UFC, TNT Sports, Saturday, Meta, Business Locations: Abu Dhabi
We've compiled everything you need to know about how to watch UFC 308 live streams, including a look at the main and preliminary fight cards. However, the fights will kick off much earlier than usual since UFC 308 takes place in the Etihad Arena in Abu Dhabi. Plus, we'll highlight a massive savings opportunity for US viewers who don't already have an ESPN Plus subscription. How to watch UFC 308 in the USUFC 308 will live stream through ESPN Plus in the US. Check price at ESPNWhere to watch UFC 308 everywhere elseMost other countries also have access to UFC events.
Persons: Ilia Topuria, Max Holloway, We've, Alexander Volkanovski, we've, ExpressVPN, Robert Whittaker, Khamzat Chimaev, Magomed, Aleksandar Rakić, Lerone Murphy, Sharaputdin, Armen Petrosyan, Ibo Aslan, Raffael, Geoff Neal, Rafael dos Anjos, Mateusz, Myktybek, Brunno Ferreira, Kennedy Nzechukwu, Chris Barnett, Farid Basharat, Victor Hugo, Ismail Naurdiev, Bruno Silva, Rinat, Carlos Leal Organizations: Business, UFC, American UFC, ESPN, Etihad Arena, ESPN Plus, TNT Sports, Discovery, Canadian UFC, Ibo Locations: Abu Dhabi
Health care officials in northern Gaza warned of severe shortages in medical supplies on Wednesday as Israeli bombardment in the area intensified. The hospital faces severe shortages in staff, medical supplies, blood units, food for patients and fuel to activate medical devices, he said. “We have nothing to provide for the patients and the injured.”Repeated Israeli bombardment nearby has significantly damaged the hospital, he said, destroying patient accommodations and blocking access for emergency services. Kamal Adwan Hospital, also in Beit Lahiya, is facing severe shortages as well, its director Hussam Abu Safiya told CNN over the phone. CNN has reached out to the Israeli military for a comment on the intensive bombardment in northern Gaza.
Persons: Dr, Mohamed Saleh, Beit Lahiya, , , Kamal Adwan, Hussam Abu Safiya Organizations: Al, Awda, CNN Locations: Gaza, Beit, Beit Lahiya
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Trump win might result in a re-emergence of inflation, portfolio manager saysRashmi Garg, senior portfolio manager at Al Dhabi Capital, says markets are pricing in Donald Trump's win in the U.S. presidential election.
Persons: Rashmi Garg, Donald Trump's Organizations: Al, Al Dhabi Capital, U.S Locations: Al Dhabi
Abu Dhabi, UAE CNN —Growing unease over the United States’ inability to de-escalate tensions in the Middle East is prompting some of Washington’s closest Arab allies to significantly increase engagement with its primary regional adversary: Iran. Arab nations that had spent decades brawling with Iran for regional influence are now opting to engage with it again. Despite seeing an opportunity to weaken Iran’s regional influence, Arab nations are now signaling neutrality. “The Gulf (Arab) monarchies’ priority is not to be directly involved in a proper regional conflagration. Still, regional states rely heavily on their military relationship with the US.
Persons: State Anthony Blinken, Yahya Sinwar, Israel, Blinken’s, Hassan Nasrallah, Ismail Haniyeh, Prince Mohamed bin Salman, Ayatollah Ali Khamenei, Hitler, , Abbas Araghchi, Jordan’s King Abdullah II, Abdel Fattah Al, ” Araghchi, Crown Prince Sabah, Cinzia Bianco, ” Kuwaiti Crown Prince Sheikh, ” Kuwaiti Crown Prince Sheikh Sabah Khaled Al, Hamad Al, ” Hasan Alhasan, Biden, Benjamin Netanyahu, , ” Anwar Gargash, Joe Biden’s, Abu, ” Bianco, Jake Sullivan Organizations: UAE CNN, State, Saudi Arabia’s, Iranian, Saudi, Bahraini, Crown, CNN, European Council, Foreign Relations, ” Kuwaiti Crown, Kuwait News Agency, Reuters, Middle, International Institute for Strategic Studies, Israeli, United Arab Emirates, US, US National, Atlantic Festival Locations: Abu Dhabi, UAE, United States, Washington’s, Iran, Republic, Israel, Gaza, Lebanon, Tehran, Riyadh, Tehran’s, Amman, Egypt, Abdel Fattah Al Sisi, Cairo, Doha, Muscat, Manama, Crown Prince, Crown Prince Sabah Al, Sabah, Kuwait City, Islamic Republic, ” Kuwaiti Crown Prince Sheikh Sabah, Bahrain, Saudi Arabia, Saudi, Washington, Yemen, China, Washington ,
UAE-based retailer Lulu CEO on the firm's IPO announcement
  + stars: | 2024-10-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAE-based retailer Lulu CEO on the firm's IPO announcementSaifee Rupawala, UAE supermarket Lulu CEO, speaks to CNBC's Dan Murphy about the firm which is expected to start trading on the Abu Dhabi Securities Exchange.
Persons: Lulu, Rupawala, CNBC's Dan Murphy Organizations: Email UAE, Lulu, Abu, Abu Dhabi Securities Exchange Locations: UAE, Abu Dhabi
Brazilian President Luiz Inacio Lula da Silva was expected to join but canceled his trip after suffering an injury at home. “This BRICS summit is really a gift (for Putin),” said Alex Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. Russian President Vladimir Putin, Chinese leader Xi Jinping, then-Brazilian President Jair Bolsonaro, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi pose as they arrive for the BRICS summit in Brasilia in November 2019. While BRICS is primarily geared toward economic collaboration, its meeting last year took place in the shadow of the war in Ukraine. The gathering in Kazan also gives Putin ample opportunity for one-on-one facetime with his fellow BRICS leaders and other friendly dignitaries in attendance.
Persons: Vladimir Putin, , Xi, India’s Narendra Modi, Iran’s Masoud, Cyril Ramaphosa, Recep Tayyip Erdogan, Luiz Inacio Lula da Silva, Putin –, Xi –, Putin, BRICS, Donald Trump, , Alex Gabuev, , BRICS “, ” Gabuev, Xi Jinping, Jair Bolsonaro, Narendra Modi, Adriano Machado, Mahmoud Abbas, Israel –, Jonathan Fulton, Volodymyr Zelensky, Yevhen Titov, they’ll, Manoj Kewalramani Organizations: CNN, Carnegie Russia Eurasia Center, Indian, Reuters, International, Israel, Atlantic Council, United Nations General Assembly, US, New Development Bank, World Bank, International Monetary Fund, BRICS, Kremlin, Takshashila Locations: Ukraine, Moscow, Russian, Kazan, Brazil, Russia, India, China, South Africa, Egypt, United Arab Emirates, Ethiopia, Iran, Beijing, Tehran, United States, Berlin, Brasilia, Johannesburg, Israel, Gaza, Hezbollah, Lebanon, Abu Dhabi, , Gabuev, BRICS, Kharkiv, Indian, Bangalore
The biggest travel trend of 2022 was to go big, spend big — with people eagerly booking bucket list-style trips to places like Bali, Rome, London and Paris. But two new reports show travelers are now in a very different headspace. Trend reports from Expedia and Booking.com show vacationers are forgoing splashy trips to global hot spots in favor of quieter trips to places that are lesser-known — and far less crowded. Some 63% of travelers said they are likely to visit an off-the-beaten-track destination on their next trip, according to Expedia's "Unpack '25," a travel trend report which surveyed 25,000 respondents from 19 countries. They want to move away and find equivalent destinations that haven't been discovered by that many people."
Persons: Japan Abu, James Marshall Organizations: France, United Locations: Bali, Rome, London, Paris, Expedia, Reims, France Brescia, Italy Cozumel, Mexico Santa Barbara , California Waikato , New Zealand Girona, Spain Fukuoka, Japan, Japan Abu Dhabi, United Arab Emirates, Thailand Canmore, Canada
New developments show the path for Western banks trying to exit Russia has gotten tougher. Moscow will block the sale of Western bank assets to local Russia buyers, sources told Bloomberg. Russia's government has signaled that it will block any efforts from Western banks to offload their local units to Russian-owned entities, according to Bloomberg, who cited people familiar with the matter. Given the fact that Russia has also prevented sales to foreign buyers, these Western banks appear to be stuck, with limited options available. This latest development is an expansion of the Kremlin's ongoing campaign to keep Western firms within its borders.
Persons: , Raiffeisen Organizations: Bloomberg, Service, US, Austrian, UniCredit, Yale School of Management, Reuters Locations: Russia, Moscow, Russian, UniCredit, Abu Dhabi, Ukraine
As a condition of that deal, EverPass included the right to build its own commercial streaming connection for "Sunday Ticket," bypassing third-party licensing. 1) Some commercial establishments are switching to EverPass's internet product. 2) Some commercial establishments are cutting the cord on pay-TV in general. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates.
Persons: Alex Sherman, DirecTV's, What's, EverPass, Lillian Rizzo, , Everpass, It's, Craig Kilborn, Val Ackerman, Ackerman, that's, We're, Alex, you've, they're, Jeff Shell, Tom Brady, Tom Wagner, CNBC's Michael Ozanian, Jessica Golden, Brady, He'll, Wagner, Warner, Jake Piazza, CNBC's Rizzo, Nielsen, That's, — Ian Charles, Arctos, Charles, NBC's Peacock, Christian Miller, Miller, Adam Silver doesn't, Jim Dolan, Abu, Greg Norman, Norman, Rory McIlroy, Tiger Woods, Chiney Ogwumike Organizations: CNBC, NFL, Google, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, Amazon Prime, ESPN, Dish Network, Big East Conference, WNBA, Big, CNBC Sport, Skydance, Paramount Global, Shell, Paramount, Las Vegas Raiders, Knighthead, Raiders, Fox Sports, NBA, Warner Bros, Discovery, TNT, MLB, Los Angeles Dodgers, New York Mets, Mets, Revenue, League, Golden State Warriors, Boston Celtics, Philadelphia Phillies, Wall Street, Comcast, Puma, NBC News, U.S, SEC, New York Times, Sphere Entertainment, Saudi Arabia's Public Investment Fund, Sports Business, PGA, Chiney, Continent Foundation, Philadelphia Eagles, Kansas City Chiefs, Visual China, Getty, Big East Locations: Apple, New York, American, Boston , Philadelphia, Northern California, U.S, Abu Dhabi, Vegas, Queens, Africa, Newport Beach , California
Abu Dhabi is set to become the next location to showcase multimedia entertainment in the unique spherical structure, the Sphere Entertainment Co. and Abu Dhabi tourism officials announced on Tuesday. The planned venue aligns with the capital of the United Arab Emirates’ Tourism Strategy 2030 aimed at “further establishing Abu Dhabi as a vibrant hub for culture and innovation,” said H.E. Mohamed Khalifa Al Mubarak, chairman of the Department of Culture and Tourism Abu Dhabi, in a news release. The partnership for the second installment, between Abu Dhabi tourism officials and Sphere Entertainment, is “subject to finalization of definitive agreements,” the news release said. It would involve a “franchise initiation fee” paid to Sphere Entertainment for the right to build the venue.
Persons: , Mohamed Khalifa Al Mubarak, we’re, ” Al Mubarak, CNN’s Brandon Griggs Organizations: CNN, Sphere Entertainment, United, Department of Culture, Abu Dhabi’s Department of Culture, Tourism Locations: Abu Dhabi, United Arab Emirates, Tourism Abu Dhabi, Las Vegas, Vegas
Valued at $4 billion in 2021, Cerebras is reportedly seeking to roughly double that in its IPO. The customer, G42, is backed by Microsoft , and it's entirely responsible for the $1.43 billion purchase commitment. G42 can pick up $500 million more in Cerebras shares if it commits to spend $5 billion on the company's computing clusters. The major Wall Street banks, for their part, are finding other ways to play in the burgeoning AI infrastructure market. Fitch, who said he sold out of his Nvidia stock years ago, told CNBC that the benefits outweigh the risks.
Persons: Andrew Feldman, Ramsey Cardy, Cerebras, , David Golden, it's, prepayment, CFIUS, Mike Gallagher, Gina Raimondo, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Young, There's, Peter Thiel, Eva Marie Uzcategui, there's, Thiel, Jim Fitch, Fitch, Feldman Organizations: Cerebras Systems, Nvidia, Revolution Ventures, JPMorgan Chase, Microsoft, AstraZeneca, GlaxoSmithKline, Mayo Clinic, Treasury, Foreign Investment, Reuters, Chinese Communist Party, JPMorgan, Citigroup, Barclays, BDO, KPMG, Deloitte, Ernst, Riverstone Networks, CoreWeave, Clarium Capital Management LLC, Bloomberg, Getty, Mizuho Securities, Venture, CNBC, Devices Locations: Toronto, U.S, Sunnyvale , California, Abu Dhabi, China, Miami , Florida, Los Angeles, Florida
CNN —The chance to win an NBA title doesn’t come around very often. Even when they do, injury misfortune can instantly derail a team’s title dream. That’s why Nuggets head coach Michael Malone said he “never” takes Jokić’s “greatness” for granted as the pair attempt to retake their NBA crown. The MVPs, the championship, he’s still the same guy. “You have the highest victory, first franchise championship in 47 years.
Persons: doesn’t, Nikola Jokić, , Jokić, , Michael Malone, , Ronald Martinez, ” Malone, CNN’s Bijan, I’ve, Nikola, Steph Curry, LeBron James, Russell Westbrook, he’s, He’s, Jaylen Brown, Larry O’Brien, Peter Casey, Westbrook, Dario Šarić, Malone, , wouldn’t, team’s, Adam Silver, ” Silver, “ We’ve, Joe Dumars –, Fadel Senna, Holiday, that’s Organizations: CNN, Denver Nuggets, Nuggets, Minnesota Timberwolves, NBA, Boston Celtics, of Famer, Dallas Mavericks, USA, Reuters, Western Conference, West, Celtics, Getty Locations: Serbian, Abu Dhabi, AFP, Boston
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal SWF: Abu Dhabi has 'always been a powerhouse' when it comes to sovereign capitalDiego Lopez, founder and managing director at Global SWF, discusses the ranking of Abu Dhabi as the top city when it comes to capital managed by sovereign wealth funds.
Persons: Abu Dhabi, Diego Lopez, Abu Organizations: Abu, Global Locations: Abu Dhabi
Airlines, including Iberia, Wizz Air, and Aer Lingus, have announced their first A321XLR routes. Irish carrier Aer Lingus said in October that it will launch its first A321XLR flight between Dublin and Nashville in April. The eight-and-a-half-hour route is a niche nonstop for the industry, with Aer Lingus as the only operator. Related storiesOther potential A321XLR routesWhile only a handful of A321XLR routes are officially on the books, many previously unserved city pairs could fit the bill, airlines have said. Qantas' list of potential A321XLR routes includes routes like Brisbane to Tokyo, Perth to the Maldives, and Melbourne to Bangkok.
Persons: , Wizz's, Thomas Pallini, America — Organizations: Airbus, Airlines, Aer Lingus, Service, Airbus A321XLR, Spanish, Iberia, Boston, Washington Dulles, Wizz, London, United, Irish, Nashville, Saudia, Business, JetBlue Airways, JetBlue Airways Airbus, Australia —, Qantas, Jetstar, JetSMART Locations: Iberia, Wizz, Madrid, Washington, London Gatwick, Jeddah, Saudi Arabia, Milan, Abu Dhabi, United Arab Emirates, Dublin, Barcelona, Rome, Brussels, Maldives, Dakar, Senegal, New York, Boston, Los Angeles, San Francisco, Europe, Aer, United, Las Vegas , Houston, Australia, Asia, Brisbane, Tokyo, Perth, Melbourne, Bangkok, South, America, Chile, Miami
The UAE's AI minister believes we'll have "centers and nodes of excellence across the world." Last year, the country's wealthiest emirate, Abu Dhabi, launched Falcon — its first open-source large language model. Abu Dhabi's ruling family also controls several of the world's largest sovereign wealth funds, including the Abu Dhabi Investment Authority and Mubadala Investment Company, a founding partner of MGX. In 2010, New York University launched a branch in Abu Dhabi that has since developed a focus on AI. Its "true strengths lie in the leadership's strategic vision, substantial investments in AI research and compute capacity, and government-led initiatives in industry.
Persons: we'll, , Omar Sultan Al Olama, Al Olama, Abu Dhabi's, PwC, It's, Mohamed bin, Abu Dhabi, Nancy Gleason, Mohamed Organizations: United, United Arab Emirates, Service, Stanford's Center, Atlantic Council, International Trade Administration, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Atlantic, New York University, University of Artificial Intelligence, Intelligence, NYU Abu Locations: United Arab, Silicon Valley, Malta, Paris, United Arab Emirates, UAE, Silicon, Abu Dhabi, United States, China, Dubai, University, Abu, NYU Abu Dhabi
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There are signs across AI models, chips, and new form factors that the market is getting frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending. Now, signs have emerged that they're not yet done with generative AI mania. OpenAI reaches dizzying new heightsSam Altman's OpenAI secured a $157 billion valuation after raising $6.6 billion in its latest funding round. In short, a lossmaking startup must justify its $157 billion valuation.
Persons: Cerebras, , Andrew Feldman, Ramsey Cardy Cerebras, here's, Abu, Cerebras —, Altman's OpenAI, OpenAI, Elon Musk's xAI, OpenAI's, Ilya Sutskever, Gary Marcus, OpenAI's Sam Altman, David Sacks, Darius Rafieyan, Mira Murati, Mark Zuckerberg, Andrej Sokolow, frothiness, Jensen Huang, Alex Heath, Rahul Prasad, Snapchat Organizations: Nvidia, Service, Investors, Microsoft, Saudi Aramco, Bloomberg, OpenAI, LLMs, Financial Times, Anthropic, Craft Ventures, Tiger Global, The New York Times, Getty, company's Connect, Meta, Orion Locations: Sunnyvale, Abu Dhabi, Silver, Saudi, Silicon Valley,
Oil prices could be marginally softer next year, economist says
  + stars: | 2024-10-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil prices could be marginally softer next year, economist saysSimon Ballard, chief economist at First Abu Dhabi Bank, discusses oil market reactions to geopolitical tensions in the Middle East.
Persons: Simon Ballard Organizations: Abu, Abu Dhabi Bank Locations: Abu Dhabi
Wizz Air is set to launch new long-haul routes using its upcoming Airbus A321XLR. The first flights, a seven-hour trek, will start in March between London and Jeddah, Saudi Arabia. Wizz Air will offer significantly cheaper fares compared to competitors like British Airways. AdvertisementLow-cost carrier Wizz Air is banking that price-sensitive customers will book its new no-frills narrowbody planes to save money on long-haul flights — and it's not being shy about the cabin. Wizz's new long-haul flights on the A321XLR won't even come with free water.
Persons: , Wizz, József Váradi, Abu Dhabi Organizations: Airbus A321XLR, British Airways, Service, Wizz, Airbus, London, Etihad Airways Locations: London, Jeddah, Saudi Arabia, Hungarian, London Gatwick, Milan, Abu Dhabi, Abu, UAE
Cathie Wood's Ark Venture Fund invested at least $250 million in this new round. OpenAI is now Ark Venture Fund's third-largest holding, accounting for about 5% of its total assets. AdvertisementCathie Wood's Ark Venture Fund has agreed to invest at least $250 million in OpenAI's latest funding round, three people familiar with the round said. OpenAI is now Ark Venture Fund's third-largest holding, accounting for about 5% of the fund's total assets, according to its website. On Wednesday, a retail investor shared a screenshot of what appears to be an email she received from Ark Venture Fund informing her of its new OpenAI investment.
Persons: OpenAI, , Ark, Musk Organizations: Ark Venture Fund, Ark Venture, Service, Microsoft, Tiger Global, Nvidia, Khosla Ventures, United, United Arab Emirates Locations: Abu Dhabi, United Arab, xAI
Abu Dhabi's state-owned oil firm ADNOC on Tuesday said it has agreed to buy German chemicals firm Covestro for 14.7 billion euros ($16.4 billion). The deal represents an enterprise value of 14.7 billion euros, ADNOC said in a separate statement. "As a global leader and industrial pioneer in chemicals, Covestro brings unmatched expertise in high-tech specialty chemicals and materials, using advanced technologies including AI," said Sultan Ahmed al-Jaber, group CEO and managing director of ADNOC. As part of the deal, ADNOC also signed an investment agreement in which it pledged to provide additional funding by buying 1.17 billion euros worth of new shares of Covestro from a capital increase. Earlier this year the UAE oil giant closed a deal acquiring a 24.9% stake in Austrian chemicals firm OMV.
Persons: Abu Dhabi's, Covestro, ADNOC, Sultan Ahmed al, Jaber, Fertiglobe, Jefferies Organizations: Abu, Abu Dhabi National Oil Company, Bayer Locations: Leverkusen, Germany, ADNOC, Abu Dhabi, London, UAE, Fertiglobe
New Delhi CNN —Fans eagerly awaiting the return of Coldplay to India were shocked to find tickets being resold online for as much as $11,000, prompting police to seek a statement from the CEO of the shows’ vendor over allegations of fraud. Tickets were scheduled to go on sale by the official vendor, BookMyShow (BMS), at 12 p.m. local time on September 22. Amit Vyas, a lawyer and founding partner of Mumbai law firm Vertices Partners, was among fans waiting for tickets on the vendor’s website when he was suddenly locked out. The complaint was in connection with the alleged sale of fake tickets for concerts on certain platforms, according to CNN affiliate News18. Coldplay fans told CNN their attempts to buy tickets to January’s shows at DY Patil Stadium in Mumbai left them frustrated and disappointed.
Persons: New Delhi CNN —, Amit Vyas, ” Vyas, BookMyShow, Ashish Hemjarani, Arkatapa Basu, , , Ishaan, Taylor Organizations: New, New Delhi CNN, Coldplay, Bank, Partners, CNN, News18, Oasis, Ticketmaster Locations: New Delhi, India, British, Mumbai, Mumbai –, Delhi –, Bengaluru, Delhi, Abu Dhabi
SoftBank founder Masayoshi Son has spent his life putting bold bets on the future of technology. SoftBank, the media-technology conglomerate Son founded two decades prior, was riding high on the glory it attained in the dot-com boom. He was told he was special," Barber told BI. "He wants to be seen as the great modernizer transforming this petrostate into a truly modern economy where technology is at the forefront," Barber told BI. But as previous cycles in Son's life dictate, the flurry of enthusiasm is typically followed by failure.
Persons: Masayoshi Son, Lionel Barber, , Son, Bill Gates, Masa —, Uber, Barber, Vladimir Putin, Barack Obama, — he's, Jack Ma's Alibaba, Wang, he's, Napoleon Bonaparte, Genghis Khan, Qin Shi Huang, Emperor of, Microsoft's Gates, Jordan Strauss, Mitsunori, SoftBank, Rupert Murdoch, Larry Ellison, Jack Welch, Steve Jobs, Masayoshi, Justin Sullivan, Rajeev Misra, Nikesh Arora, Phil McCarten, Abu Dhabi's Mubadala, Mohammed bin Salman, Saudi, Michael Moritz, Kim Jong, Adam Neumann, Donald Trump, Wirecard, Jesus, NurPhoto, He's, Allen Lane Organizations: Service, Financial Times, Kremlin, Yahoo, Popular Electronics, Vision, Deutsche Bank, Google, Reuters, Saudi Arabia's Public Investment Fund, Vision Fund, Valley's, Sequoia Capital, Greensill, Nvidia, Signal Publishers Locations: Tokyo's Roppongi, Japan, Masayoshi, Washington, Wayne, Emperor of China, Kyushu, United States, Riyadh, Berkeley, Las Vegas
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