Business

SoftBank Group reports record losses as Ma quits board

Struggling Japanese conglomerate SoftBank Group on Monday reported record losses, as the coronavirus pandemic compounded woes caused by its investment in troubled office-sharing start-up WeWork.

Online ordering boom gives rise to virtual restaurants

Frato's Pizza looks like a typical family restaurant, with its black-and-white checkered floor and red chairs. But in the kitchen, the cooks are whipping up dishes for four other restaurants at the same time.

Energy & Green Tech

Wind power from the sky

Anyone who has ever steered a child's kite knows the feeling: The wind grips the kite and pulls the string. The string is quickly tensioned, the spindle rotates between the fingers and is difficult to control. The question ...

Business

Hard landing for SoftBank? WeWork woes raise questions

SoftBank Group CEO Masayoshi Son is no stranger to controversy, but a meltdown at WeWork has sparked pointed questions about whether his enormous investments and futuristic pronouncements are more style than substance.

Hardware

Big Blue's Big Leap: Quantum center takes on 53 qubit system

IBM has a fleet of quantum computers. That much is fairly well known since IBM has been actively promoting quantum computing for several years. But IBM's quantum story will get all the more interesting next month, when a ...

Business

Technology start-ups that fail fast succeed faster

Failure rates of new technology-based companies are shockingly high. It is estimated that 75 percent of technology start-ups do not generate profits. Other data suggests upwards of 90 percent of new technology enterprises ...

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