SoftBank will file to raise between $500 million and $600 million through an initial public offering of a special-purpose acquisition company, Axios reported. It would be the Japanese tech investment firm’s first SPAC. Goldman Sachs and Citigroup are managing the process for Softbank’s SPAC, which plans to buy a company in which SoftBank doesn’t already have a stake, according to Axios. ...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Big Read policy
TikTok’s Last Stand: Can an Army of Lobbyists Quell a Washington Uprising?
There’s perhaps no one in Washington who distrusts TikTok quite as much as Brendan Carr. Carr, a 44-year-old Donald Trump appointee to the Federal Communications Commission, has spent much of the last year going around cable news and elsewhere calling for the hugely popular short-video app to be restricted, if not banned, over its ties to Chinese parent company, ByteDance. TikTok is a...
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
Salesforce Shakes Up Board
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
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
Exclusive microsoft ai
How Microsoft’s Stumbles Led to Its OpenAI Alliance
Thoma Bravo, Vista Approach Sumo Logic About a Possible Buyout
Founders' Keepers startups culture
Founders’ Keepers: The Gadgets, Mugs and Mementos That CEOs Can’t Work Without
Athletes wear lucky socks. Children have their favorite stuffies. But tech founders? Their most prized workplace possessions run an exceptionally wide gamut, ranging from the idiosyncratic (a Jesuit obelisk) to the alarmingly practical (a pistol lockbox) to the comfortingly basic (a yellow pad and pen).
The Big Read
Citizen Marc: Why the Andreessen Horowitz Founder Can’t Stop Chasing Dreams of a New Media