Masayoshi Son, Chairman and CEO of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank Group posted a quarterly profit of $ 12 billion on Tuesday after reporting historic losses of $ 13 billion for its last fiscal year. The …
Read More »Xpeng Motors, Chinese Tesla rival, files for IPO of New York
Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
Read More »Sievert: T-Mobile ‘runs really fast’ in networking, despite tower comments
T-Mobile is in fact moving fast on its integration into post-merger networking and building, executives said Thursday, dismissing comments from three public tour companies that implied that T-Mobile was a slow start. During T-Mobile’s second quarter call, CEO Mike Sievert said the tour companies were “spreading some disinformation” about T-Mobile’s …
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