SoftBank executive Ron Fisher is stepping down as the head of SoftBank Vision Fund’s U.S. investments, Axios reported. Fisher, whose current title is director and chairman of Vision Fund’s U.S. operations, will transition to a senior advisory role, while Vision Fund CEO Rajeev Misra, who is based in London, will spend more time in the U.S. to oversee the fund’s deals there, according to Axios....
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Data Point Amazon Markets
Why Amazon Is Giving Employees Record Amounts of Stock, Even as It Trims Head Count
At a moment when Amazon’s overall workforce is shrinking, the company is awarding stock to employees at a record-breaking clip to keep top talent from heading for the exits. Amazon granted 138 million restricted stock units to employees in the second quarter, as the chart above shows—an 82% increase from the number of restricted shares for employees it issued during the same period...
Microsoft Lays Off 200 People in Family-Focused App Business Amid Broader Belt-Tightening
Unity Announces China Joint Venture With Partners Including Alibaba, ByteDance
Former Twitter Employee Convicted of Spying for Saudi Arabia
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