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The UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global July 3, 2020
Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the UK Government as the winner. The group, which includes funding from India’s Bharti Global – part of business magnate Sunil Mittal’s Bharti Enterprises – plan to pursue OneWeb’s […]
Darrell Etherington
US plans to rollback special status may erode Hong Kong’s startup ecosystem July 3, 2020
Depending on the extent of the United States’ rollbacks on special status, a lot of Hong Kong’s appeal to American tech companies and talent may be eroded.
Catherine Shu
Lime puts Jump bikes back on London streets July 3, 2020
Jump bikes are returning to London — this time through its new owner Lime . London is the first city in Europe to see Jump bikes return since Uber offloaded the company to Lime in a complex deal that unfolded in May. Lime raised $170 million in a funding round led by Uber, along with […]
Kirsten Korosec