Pete Rander News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Masayoshi Son retreated almost completely from venture investing as his Vision Fund unit lost ¥6.9 trillion ($53 billion) in the last two years on startups like WeWork Inc., which just filed for bankruptcy. Now SoftBank Group Corp. founder is tip-toeing back into dealmaking after overhauling his strategy to make more modest, focused investments. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More

The founders of the former self-driving unit of Ford Motor Co. and Volkswagen AG are launching a new autonomous trucking startup with backing said to be more than $1 billion from Japan’s SoftBank Group Corp. The new firm, named Stack AV, is led by Bryan Salesky, Pete Rander and Brett Browning,…

SoftBank's investment in autonomous trucking startup Stack AV is “north of $1 billion,” says an official.

The founders of the former self-driving unit of Ford Motor Co. and Volkswagen AG are launching a new autonomous trucking startup with backing said to be more…