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SoftBank to invest $150mn in Loggi

Bloomberg SoftBank Group Corp.’s Vision Fund is looking to invest as much as $150 million in Loggi, a Brazilian-based platform that matches couriers to shippers, according to people familiar with situation. A similar model to many ride-hailing apps, the system flags delivery requests to nearby couriers, known as motoboys—or motorcycle messengers. The fee and route is calculated by the app. ...

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Singapore wealth fund GIC puts China as Silicon Valley’s equal

Bloomberg After hitting pay dirt with investments in Alibaba Group Holding Ltd. and Xiaomi Corp., Singapore sovereign wealth fund GIC Pte is giving China as much attention as it does Silicon Valley in the search for the next big thing in tech. Valuations for some tech companies globally may be too high, and what differentiates a good investor from an ...

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Apple gears up for return to roots with education tools, new iPad

Bloomberg Apple Inc. is preparing to introduce new low-cost iPads and education software next week in a bid to win back students and teachers from Google and Microsoft Corp. In its first major product event of the year, Apple will return to its roots in the education market. The event on Tuesday at Lane Technical College Prep High School in ...

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