SoftBank founder Masayoshi Son will join a board overseeing construction of Indonesia’s new capital. Indonesia is embarking on a massive project to build a new capital on the island of Borneo to ease congestion in Jakarta, the old capital that is literally sinking. Bloomberg reported that Abu Dhabi Crown Prince Mohammed Bin Zayed Al Nahyan will chair the panel which will also include former...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Where Did All the Traders Go? Investment Funds Lean on Outsourcing to Cut Costs
More and more investment funds are outsourcing their trading, a move that cuts costs and aims to boost returns but also poses risks for the funds’ portfolios and underlying investors. Once a niche Wall Street business that catered to young hedge funds, outsourced trading has now attracted mutual funds, pension funds and other asset managers, including some of the biggest firms on Wall...
Ex-Coinbase Product Manager Pleads Guilty in Crypto Insider Trading Case
DCG Selling Grayscale Fund Shares at Steep Discount Amid Genesis Bankruptcy
SoftBank’s Vision Fund Posts Loss for Fourth Straight Qurter
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
The 1:1 google
‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google