How Dirty Money Disappears Into the Black Hole of Cryptocurrency
A Wall Street Journal investigation documents millions of dollars in suspicious trades through ShapeShift, a company backed by mainstream venture capitalists.
Cannabis Comes to Your Coffee and Candy—But Is It Legal?
Marketers are selling products containing cannabidiol, or CBD, a chemical found in hemp, claiming benefits such as pain relief and stress reduction. But the actual effects are unclear, as is the legal landscape. ... See more
Surging Yields Raise Threat of Tipping Point for Stocks
Yields on long-term U.S. government debt moved abruptly higher last week, calling into question the durability of the more than nine-year-old bull market for stocks.
David Einhorn Says Tesla Resembles Lehman
David Einhorn, a prominent critic of Tesla Inc., bashed the electric-car maker, saying its woes resemble those of Lehman Brothers Holdings Inc. before the bank failed.
Saudi Arabia Doubles Down on SoftBank Bet With Extra $45 Billion
Saudi Arabia is preparing to double-down on its bet that Masayoshi Son can pick the technology giants of the future. The country’s sovereign fund will make another $45 billion investment in Son’s second massive Vision Fund. ... See more
SoftBank and Toyota want driverless cars to change the world
SoftBank and Toyota are forming a joint venture to develop new ways to put driverless-car technology to use.
Chinese stocks fall almost 5% in market bloodbath as investors digest a week of bad news in a single day
A weeklong holiday for Chinese markets meant investors had an entire five days of news and data to digest in just one session, including an escalation of the trade war between China and the US.
Oculus' Facebook Effect: In VR, Other People Are Everything
At Oculus Connect, everything from the demos to the keynote reinforced how valuable VR is.
Saudi Arabia Shelves Work on SoftBank’s $200 Billion Solar Project
Saudi Arabia has put on hold a $200 billion plan with SoftBank to build the world’s biggest solar-power-generation project, setting back another eye-catching transformation project in the kingdom.
『ファイナンス思考』（朝倉祐介著）という硬い表題のビジネス書が売れているそうだ。早速読んでみたが、なるほど「この本を若いころに読めば、自分の人生の寄り道をもっと減らせたかもしれない」と思った。 ... See more
U.S. Pending Home Sales Fell 1.8% in August
The number of U.S. existing homes going under contract declined in August for the fourth time in five months, reflecting what appears to be a broader slow-down in the housing market.
Tesla shares plummet after SEC files fraud charges against Elon Musk
Tesla shares dropped more than 13 percent in after-hours trading Thursday after the Securities and Exchange Commission filed securities fraud charges against CEO Elon Musk . The SEC alleges in a complaint filed against the CEO that Musk lied when he tweeted on August 7 that he had “funding se… ... See more
Masayoshi Son, SoftBank, and the $100 Billion Blitz on Sand Hill Road
In less than a year since Son’s fund first began making investments, it has already committed $65 billion to Uber, WeWork, Slack, and GM Cruise.
Opendoor Offers Fast Cash for Homes. SoftBank Bets $400 Million on It
Opendoor, which has already raised billions to buy homes over the internet, just landed another large investor: the SoftBank Vision Fund.
Opinion | A Wise Man Leaves Facebook
Kevin Systrom, one of the founders of Instagram, wasn’t a “team player.” That was exactly what the company needed.
At $1 Trillion, Amazon Should Fear Regulators More Than Rivals
Amazon accounts for a smaller share of retail sales than you might think, so it has plenty of room to grow---unless governments rise up.
Porsche leads $80 million investment in WayRay to bring holographic AR displays to cars
WayRay has raised $80 million from Porsche, Hyundai, Alibaba, and others to bring holographic augmented reality displays to cars and buildings.
Meet Yusaku Maezawa, the first private passenger to take SpaceX’s BFR around the moon
Japanese billionaire and entrepreneur Yusaku Maezawa will be the first private citizen to take a flight around the moon in SpaceX’s Big Falcon Rocket, a 240,000-mile journey slated for as early as 2023. In an emotional and jubilant speech during a SpaceX event Monday at the company’s he… ... See more
China Strikes $60 Billion of U.S. Goods in Growing Trade War
China announced it will take retaliatory tariff action against $60 billion of U.S. goods, sharply escalating their trade conflict as the Trump administration considers imposing duties on almost all Chinese imports. ... See more
Pot Stocks Gain After Tilray Gets U.S. Approval to Import Medical Marijuana
Tilray Inc. is setting a record high -- again.