DUBAI / WAM Shamal Holding, the Dubai-based diversified investment firm, today unveiled Naïa Island Dubai, ...
Read More »SoftBank unit invests $125mn in Google’s Loon balloons
Bloomberg One of the most improbable ideas from Google’s eccentric co-founders — using high-altitude balloons to provide internet connections — is getting a boost from another unconventional technology mogul. An affiliate of Masayoshi Son’s telecom company SoftBank Corp is investing $125 million in Loon, a subsidiary of Google parent Alphabet Inc. The SoftBank unit and Loon will share technology and ...
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