Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers

Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developersThe JV will provide Mapbox’s mapping platform, including APIs and data services, to developers in Japan. Between June 1 and September 30, Mapbox Japan will also provide up to three months of free support for organizations building COVID-19 related mapping services, including infection cases and statistical data, for developers in the country, which has relied on tracking virus clusters to limit the spread of infections.



Yahoo Tech

SPECIAL DISCOUNT UPDATE:

Best Buy Co, Inc.

SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares

SoftBank reportedly plans to sell about $  20 billion of its T-Mobile sharesIf the proposed sale goes through, its proceeds could help offset SoftBank’s heavy investment losses over the past year. According to its first-quarter earnings report yesterday, SoftBank’s Vision Fund lost $ 17.4 billion in value for the year ended March 31, obliterating the $ 12.8 billion gain the fund recorded a year ago. T-Mobile’s merger with SoftBank-controlled Sprint, which was officially completed last month, gave SoftBank ownership of about 25% of T-Mobile’s shares.



Yahoo Tech

SPECIAL DISCOUNT UPDATE:

Best Buy Co, Inc.

Jack Ma to resign from SoftBank Group's board of directors

Jack Ma to resign from SoftBank Group's board of directorsMa’s resignation will be effective on June 25, the date of SoftBank Group’s annual shareholder meeting. The company did not give a reason for the resignation, but over the past year, Ma has been pulling back from business roles to focus on philanthropy. Last September, he resigned as Alibaba’s chairman, and is also expected to step down from its board at its annual general shareholder’s meeting this year.



Yahoo Tech

SPECIAL DISCOUNT UPDATE:

Best Buy Co, Inc.

Softbank Looking to Cut Alibaba, Sprint Share Stakes (Report)

Softbank, the giant Japanese investment group that has made huge bets on the sharing economy, is looking to cut its stake in Alibaba, according to reports. And possibly in Sprint too. On Monday, Masayoshi Son, founder and CEO of the heavily indebted Softbank, said that he would raise or monetize $ 41 billion of assets, in […]

Variety

SHOPPING DISCOUNT UPDATE:

SoftBank selling its stake in dog-walking app – reports

The move would mark another disappointment in a bad year for the Japanese investment giant.
BBC News – Technology

SPECIALS DISCOUNT UPDATE:

Wal-Mart.com USA, LLC