The SoftBank Vision Fund has received participation from industry titans and the likes of Apple (NasdaqGS: AAPL - news), Qualcomm (Swiss: QCOM-USD.SW - news), and Taiwan (Taiwan OTC: 6549.TWO - news) 's Foxconn and collected pledges totalling more than $93 billion so far, the fund said in a statement Saturday (Shenzhen: 002291.SZ - news).
A huge tech fund backed by Saudi Arabia and Japan's SoftBank is nearing its target of raising $100 billion.
The investment vehicle christened Vision fund will be headed by Rajeev Misra, a veteran 54-year-old Wall Street finance executive, who joined SoftBank in 2014 after stints with UBS, Deutsche Bank and Merrill Lynch.
It gained greater attention, however, when Son met U.S. President Donald Trump and pledged to invest $50 billion in the U.S. with the goal of creating 50,000 new jobs.
The new fund made its announcement during the visit of President Donald Trump to Riyadh and the signing of tens of billions of dollars worth of business deals between US and Saudi companies.
Masayoshi Son, Chairman and CEO of SoftBank Corp, said in the statement: "SoftBank has long made bold investments in transformative technologies and supported disruptive entrepreneurs".
"SBG created the SoftBank Vision Fund as a result of its strongly held belief that the next stage of the Information Revolution is underway, and building the businesses that will make this possible will require unprecedented large-scale long-term investment".
"The SoftBank Vision Fund today announced its first major close with over Dollars 93 billion of committed capital", Softbank said in a statement.
SoftBank invested $5 billion into the Chinese ride-hailing giant Didi Chuxing last month in the largest-ever venture fundraising. At that size, it would be nearly five-times larger than the current biggest private equity fund, Blackstone Group's Blackstone Capital Partners V. Tokyo-based SoftBank has already agreed to invest at least $25bn.
She didn't know the code for the safe, however. "They attempted to take a safe and were unsuccessful, but they took property". The burglars took $1.5 million in jewelry and property, including a safe left on the sidewalk, per the site's account.
Unwilling to let it go, Ball said he does respect woman, but ominously offered: "If you act like that, guess what?" Ball immediately shot her idea down and told her to "stay in your lane". "I don't even see her". "Leave me alone.
The studio's next project, Spider-Man: Homecoming, will be released as a joint project between Marvel Studios and Sony. Sony has set a release date for October 5th, 2018 and has slated production to kick off before the end of the year.
He has 517 career tackles, 13 interceptions, 91 passes defensed, six forced fumbles, five fumble recoveries and one sack. McCourty (5-foot-11, 195 pounds) also cited receiver Kenny Britt as playing "a major role" in him joining Cleveland.
The state's cyber security chiefs were also liaising with the Garda Cyber Crime Bureau and the Defence Forces. However, he said the PSNI "cannot rule out the possibility that local systems may be vulnerable".
The French president underlined that he would focus on implementing economic and social reforms in France in the coming months. He won his campaign as an independent, with the backing of a fledgling political party he founded less than a year ago.
However, experts say Beijing is unwilling to push the Pyongyang regime too far, and does not want to see the regime fall. In May 2016, two Chinese fighters carried out a similar intercept of a USA military aircraft over the South China Sea.
Please join me in continuing to pray for these individuals and the service to which they're committed on our behalf. Brad Little also spoke during the service, saying it's honor to serve a state filled with courageous men and women.
American King Arthur fights to big screen
Ritchie is back this year with King Arthur: Legends of The Sword; a re-imagining of the King Arthur legend from Warner Bros. Needless to say, we are absolutely thrilled at the prospect of a musical done in that high energy, frenetic Ritchie style.
Buy the data we stole or else, warn hackers
The Shadow Brokers are threatening to make public more of the exploits and tools that they have access to, thanks to the NSA hack. It adds, " Each month peoples can be paying membership fee, then getting members only data dump each month ".
Spirit Realty Capital, Inc (SRC) Announces Earnings Results
The stock is now valued at $147.43 after moving 0.22% in the most recent session and 1.94% over the past 5 trading days. If shares can stay above the price resistance around $7.33/share, that could help propel Spirit Realty Capital, Inc.
Philippines says it will reject all aid with conditions
The scheme requires compliance with 27 global conventions, which include a commitment to never reinstate the death penalty. But Economic Planning Secretary Ernesto Pernia said the decision to cut aid from Europe may still change.
You can now pin chats to the top
Now, you will not need to scroll down numerous chats to get to your favourite one. Basically, you can pin a post to the top of the page, for everyone to see.
Besieged White House denies, defends as new bombshells hit
The lawmakers also called for an independent investigation into the Trump campaign's possible connections to Russian Federation . What shouldn't be lost in all this is that Comey was really shitty at this job, or at least performing the public face of it.
Key moments of Trump-Comey clash and what's come after
November 13, 2016: In a CBS "60 Minutes" broadcast after the election, Trump says he hasn't decided whether to keep Comey. After the meeting, Comey's associates did not believe there was any way to corroborate Trump's statements.
United States envoy Nikki Haley
He made the remarks after a closed-door meeting among the 15 council members on the issue of North Korea. The test came as worldwide powers engaged in a carrot and stick strategy with North Korea.