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Search resuls for: "SoftBank Vision"


6 mentions found


☆ Forget smartwatches, consumers are buying up these quirky, alternative wearable devices
  + stars: | 2022-12-03 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +6 min
People turned to activity trackers, smartwatches and other devices to keep tabs on their steps, vital statistics and more. Rather than sitting inside or on top of the ear canal, bone conduction headphones rest in front of the ear, leaving it uncovered. Bone conduction headphones by Shokz. Shokz ($125) pioneered bone conduction headphones, but the market has since expanded with other brands offering similar designs. But some audiophiles say the sound quality on bone conduction headphones and open earbuds is less than stellar.
☆ The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means
  + stars: | 2022-11-12 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +6 min
Two years later, Bankman-Fried and his team launched FTX, a crypto exchange platform with perks like low trading fees and advanced options for traders. At his peak, Bankman-Fried was worth $26 billion, though his net worth had dropped to $16 billion before this week. In early November, crypto publication CoinDesk released a bombshell report that called into question just how stable Bankman-Fried's empire really was. Now, the FTX drama is creating a ripple effect throughout the crypto industry. Industry experts told Insider that the saga might encourage regulators to try to crack down on the crypto industry, or make big banks wary of letting customers trade crypto.
☆ Sequoia Capital took a $213 million bath on FTX after the crypto exchange imploded. That's not that bad, VCs say.
  + stars: | 2022-11-10 | by ( Melia Russell | ) www.businessinsider.com   time to read: +6 min
FTX investor Sequoia Capital has marked down its position to $0 as the crypto exchange crumbles. Sequoia Capital now views its $213.5 million investment in FTX as worthless as the crypto exchange teeters on the brink of collapse after an eleventh-hour deal to salvage the business fell apart. "Somehow Sequoia capital turned a FTX write down to zero into a humblebrag. It invested $150 million into FTX through its third growth fund, which Sequoia said totaled less than 3% of that fund's capital commitments. In its letter to investors, Sequoia said it does "extensive research and thorough diligence" on every investment it makes.
☆ Indonesia share sale contortion is necessary evil
  + stars: | 2022-11-04 | by ( Pranav Kiran Una Galani | Pranav Kiran | Una Galani | ) www.reuters.com   time to read: +3 min
The initial public offering of the ride-hailing-to-online-shopping giant at a $28 billion market capitalisation in April was a landmark deal on the back of relaxed listing rules. Now GoTo will have to manage a big contortion in the $570 billion stock market. At a stretch, GoTo’s involvement might prevent a further price slump on the company’s current $15 billion market value. The company sold nearly $1 billion of stock at a multiple of 17 times forecast revenue for 2023. The meddling in the secondary market looks like a necessary evil.
☆ Shopify's startup investments this year include millions into companies that focus on NFTs, Web3 apps, customer-engagement, and financial services
  + stars: | 2022-11-03 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +12 min
In its press release announcing the new funding, Wati said the investment was Shopify's first in a startup operating in Southeast Asia. The goal is to make Thirdweb's tools available to Shopify merchants who want to bring Web3 products and experiences to their online stores. Shopify recently participated in Gorgias' $30 million Series C round, which valued the startup at $710 million. According to the company, merchants using its technology report a 96% increase in sales on average. Flexport announced it had received a strategic investment from Shopify as part of its $935 million Series E on February 7.
☆ We rented solar panels from Softbank-backed startup Enpal. It was expensive, but worth it amid an energy crisis.
  + stars: | 2022-10-12 | by ( Steffen Bosse | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com   time to read: +8 min
With the ongoing energy crisis, the demand for solar panels has been soaring. Solar panels are difficult to test before you take the plunge due to their substantial cost and infrastructure. The startup is aiming to make solar energy a realistic option for everyone via its solar-panel-rental model. Another view of my parents' house and solar panels. The consultant proposed that Enpal could install 20 solar panels, offering a total output of 7.6 kilowatts peak, which is the rate at which solar panels generate energy at peak performance.
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