(Bloomberg) – SoftBank Group Corp. has invested approximately $ 3.9 billion in 25 of the largest technology companies in the world, including Amazon.com Inc., Tesla Inc., Netflix Inc. and Alphabet Inc. The Japanese conglomerate owned $ 1.04 billion in Amazon shares, its largest investment, a $ 475 million stake in …
Read More »Riverside County wants to reopen businesses after Labor Day – Press Enterprise
Riverside County officials have outlined a plan starting after Labor Day to gradually open businesses and places of worship forced to close after a spike in coronavirus cases. In a Aug. 12 letter to public health officials, County Executive Officer George Johnson said the three-phase plan, which requires state approval, …
Read More »Payless is back and opens its first US store in November
The retailer said it plans to open 300 to 400 standalone stores nationwide in the next three to five years. The company, which sells sneakers, boots and dress shoes at prices as low as $ 10 a pair, thinks it’s a good time to attract budget-conscious shoppers. “We are fully …
Read More »The Hong Kong leader is having problems with credit cards following US sanctions
The US bans 38 Huawei subsidiaries that escaped the Huawei ban
On Monday, the U.S. BIS (Bureau of Industry and Security) within the Department of Commerce announced that it will further restrict Huawei from accessing U.S. chips. According to the press release, Huawei has succeeded in banning the purchase of American components through third-party companies. The U.S. Department of Commerce will …
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