WeWork’s CEO Neumann to step down
New York – WeWork co-founder Adam Neumann has agreed to resign as chief executive of the U.S. office-sharing company but will remain as non-executive chairman, bowing to pressure from some of his investors, people familiar with the matter said on … Continue reading WeWork’s CEO Neumann to step down
Volocopter: White paper on urban air mobility
Bruchsal – Today, Volocopter published „Pioneering the Urban Air Taxi Revolution” a white paper authored by Jan-Hendrik Boelens, CTO of Volocopter. The paper discusses current challenges associated with developing, certifying and launching air taxis in the megacities of the world and aims … Continue reading Volocopter: White paper on urban air mobility
Israel: Hi-Tech firms wary of Chinese investment
Tel Aviv – Growing security concerns regarding the rapid influx of Chinese investment in Israel’s hi-tech sphere, accelerated by warnings from the United States, have prompted some start-ups to reconsider whether to accept financial backing from the world’s most populous … Continue reading Israel: Hi-Tech firms wary of Chinese investment
Grab secures USD 1.46 billion investment
SINGAPORE – Grab Holdings Inc. (“Grab”), Southeast Asia’s leading super app, today announced it has secured US$1.46 billion of fresh funding from the Softbank Vision Fund (“SVF”). This capital injection from SVF brings the total financing secured in Grab’s current Series … Continue reading Grab secures USD 1.46 billion investment