Softbank is in discussions to sell a big piece of its stake in mobile phone operator T-Mobile to Deutsche Telekom, according to The Wall Street Journal. The company is looking to sell the stake in T-Mobile, which just closed its deal to acquire Sprint, as its investments have seen huge losses as a result of the coronavirus pandemic. In March, the company said it would sell $41 billion in assets...
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Exclusive from The Electric: GM’s New CTO Exits After One Month In the Job
General Motors’ chief technology officer, Gil Golan, is leaving the job after one month, according to an internal company memo distributed today, parts of which were seen by The Electric. Golan’s departure, effective Nov. 1, comes one week after a profile in The Electric in which he described a plan to aggressively expand the company’s work in batteries, create a “dream team” of battery...
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