Corp

SoftBank Corp takes 51% of Cubic Telecom for $513M to drive into the connected car world

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As automakers and technology companies continue to build ever-more sophisticated digital platforms into cars and other vehicles, a startup that’s built a system that makes it easy to connect that hardware to wireless networks around the world has picked up a major round of funding. Cubic Telecom, which provides a software-based networking solution for vehicles … Read more

Rupert Murdoch steps down as chairman of Fox and Information Corp.

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Rupert Murdoch is stepping down as chairman of the board of each Fox Corp. and Information Corp., the businesses stated Thursday. The transfer can be official in November. Murdoch, 92, can be appointed chairman emeritus of every firm. Lachlan Murdoch, one in all his sons, will develop into sole chairman of Information Corp. and can … Read more