INFBusiness

INFBusiness

SoftBank sheds $13 billion on U.S. tech stock rout

TOKYO (Reuters) – SoftBank Group Corp (9984.T) shares closed down almost 3% on Wednesday, extending this week’s slump that has wiped around $13 billion from its market capitalisation, as investors fretted about the conglomerate’s exposure to sliding U.S. tech stocks.…

MasMovil launches 5G services trial in Spain

MADRID (Reuters) – Telecoms group MasMovil launched a trial of next-generation 5G Internet services in 15 Spanish cities on Wednesday, hot on the heels of rivals Telefonica and Orange. Operators across the world are activating networks that can offer super-fast…