News That Matters

Tag: public

Masa Son’s multi-generational vision is running into a brick wall: The public markets

Masa Son’s multi-generational vision is running into a brick wall: The public markets

Finance
Masayoshi Son, chairman and chief executive officer of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan.Kiyoshi Ota | Bloomberg | Getty ImagesSoftBank is learning the biggest obstacle to success for its $ 100 billion Vision Fund are the public markets. That's where founder and CEO Masayoshi Son's long-term ambitions are colliding head-on with the near-term expectations of Wall Street.The theme of Son's Vision Fund, which has already deployed more than $ 70 billion in dozens of companies (primarily privately held technology companies) is to bet big and move quickly. In one of the fund's first press releases, SoftBank explained the purpose was to expedite building businesses that will make the next stage of the Industrial Revolution possible, requiring "unprecedented large sca...
E-Scooters: Should they be legal on public roads?

E-Scooters: Should they be legal on public roads?

Technology
E-scooters and e-skateboards have been riding around many of the world's city streets. But while some countries have welcomed them, they are illegal to ride on public roads and pavements in the UK.Some riders are now calling for regulation rather than an outright ban. BBC Click finds out more.See more at Click's website and @BBCClickLet's block ads! (Why?) BBC News - Technology
Gross NPAs of public sector banks have declined by over Rs 89,000 cr till March: Govt

Gross NPAs of public sector banks have declined by over Rs 89,000 cr till March: Govt

Finance
The gross non-performing assets (NPAs) of public sector banks (PSBs) have declined by Rs 89,189 crore from a peak of more than Rs 8.95 lakh crore in March 2018 to over Rs 8.06 lakh crore in March this year, the government told the Rajya Sabha. In a written reply to Congress member B K Hariprasad, Finance Minister Nirmala Sitharaman said, "As per Reserve Bank of India (RBI) data on global operations (provisional data for the financial year ending March 2019), gross NPAs of PSBs have declined by Rs 89,189 crore from the peak of Rs 8,95,601 crore in March 2018 to Rs 8,06,412 crore in March 2019 (provisional data)." According to the data, aggregate gross advances of PSBs increased from over Rs 18.19 lakh crore as on March 31, 2008 to more than Rs 52.15 lakh crore as on March 31, 2014. "As per ...
Ivan Golunov arrest: Russian reporter is freed after public outcry

Ivan Golunov arrest: Russian reporter is freed after public outcry

World
Media playback is unsupported on your device A Russian journalist has been freed after drug-dealing charges against him were dropped following a public outcry.Russian newspapers had rallied round freelancer Ivan Golunov in a rare public show of support. Mr Golunov cried as he was freed from a police station on Tuesday and vowed to continue his investigative journalism.Interior Minister Vladimir Kolokoltsev admitted his guilt had "not been proven" and said an internal inquiry had been launched.The decision came after "forensic, biological, fingerprinting and genetic tests", the minister added. Mr Kolokoltsev said he would ask Russian President Vladimir Putin to dismiss two high-ranking officials over the case: the head of the Interior Affairs D...