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SoftBank invests $400 million in activewear maker Vuori

SoftBank Group Corp's venture capital fund has invested $400 million in Vuori Inc, the California-based maker of leggings and sports bras said on Wednesday, valuing it at $4 billion. ....

United States , Vinay Dwivedi , Deborah Sophia , Thomson Reuters Trust Principles , Vuori Inc , Softbank Group Corp , Bank Group Corp , Western European , Norwest Venture Partner , Thomson Reuters Trust ,

Italy's cloud market to grow by 16% this year - study

The Italian market for cloud services is set to grow by 16% in 2021 as companies and the public administration strive to build on a digital acceleration brought about by the COVID-19 pandemic, an academic study showed. ....

Valentina Za , Elvira Pollina , Thomson Reuters Trust Principles , Milan Politecnico University , European Union , Cloud Transformation , Politecnico University , Thomson Reuters Trust ,

Computing firm OVHcloud IPO set to go ahead at low end of price range

French cloud computing services provider OVHcloud's IPO is set to move ahead at a price of 18.5 euros per share, at the low end of the range, one of the banks in charge of the operation said on Wednesday, valuing the firm at about 3.5 billion euros. ....

United States , France General , Philippa Fletcher , Mathieu Rosemain , Icade Sant , Marc Angrand , Ingrid Melander , Jason Neely , Richard Lough , Thomson Reuters Trust Principles , Amazon Web Services , Synergy Research , Deutsche Telekom , French Icade Sant , Swiss Chronext , Octave Klaba , Google Cloud , Matthieu Protard , Geert De Clercq , Thomson Reuters Trust ,

Dell targets market for 5G networks built on open-source hardware

Dell Technologies Chief Michael Dell said on Wednesday he sees an opportunity to play a key role in the global rollout of 5G networks with new technology that makes specialized equipment unnecessary. ....

United States , New Zealand , United Kingdom , San Francisco , Cynthia Osterman , Stephen Nellis , Michael Dell , Donald Trump , Steve Orlofsky , Joe Biden , Network Corp , Thomson Reuters Trust Principles , Microsoft Corp , Radio Access Network , China Huawei Technologies Co Ltd , Chief Michael Dell , Open Radio Access Network , Huawei Technologies Co Ltd , President Donald Trump , President Joe Biden , Dell Technologies , Thomson Reuters Trust ,

Music streamers turn to telcos to make Africa pay

Africa, with its internationally recognised musical talent - and growing mobile phone use - is central to Swedish music streamer Spotify's plans to extend its reach to a billion customers. ....

South Africa , Africa Absa , Irene Kophen , Phiona Okumu , Charles Stuart , Tosin Sorinola , Martin Nielsen , Serigne Dioum , Barbara Lewis , Supantha Mukherjee , Nqobile Dludla , Thomson Reuters Trust Principles , World Bank , Burna Boy , Black Coffee , Sub Saharan Africa , Saharan Africa , Saharan Africans , Danish Listed Mdundo , Airtel Nigeria , Vodacom Tanzania , Chief Executive Officer Martin Nielsen , Thomson Reuters Trust , Ef Technology Disrupted ,