Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Amy is an ACA and the CEO and founder ...

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

SoftBank Group said today it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO Masayoshi Son into ...

ABB said the sale will result in a book gain of about $2.4 billion pre-tax and a post-tax gain of about $2 billion, adding roughly 2% to ABB’s market value. Separation costs are estimated at $0.2 ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

Members of the Pennsylvania Association of Staff Nurses and Allied Professionals are set to begin a five-day strike Oct. 6 at Temple University Hospital Main Campus and Temple Women and Families ...

He said the government is taking every step to improve the system from primary to higher education. “We all know the importance of education. The government has been taking every step to improve the ...

Samsung’s new Exynos 2600 chip is about to enter mass production and is set to return to the flagship Galaxy S series. Made with the company’s advanced 2nm GAA process, the chip’s performance is ...

Swedish lead-cooled small modular reactor technology developer Blykalla and global engineering company ABB have signed a memorandum of understanding to accelerate the deployment of such reactors for ...