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Why SoftBank Is Selling Alibaba Stock—and What It Means for China s Tech Titan

Alibaba Stock Rises as SoftBank Eyes an Exit China Tech Sees the End of an Era

Mytheresa and loanDepot Join IPO Pipeline SoftBank-Backed Compass Files Confidentially

The list of high-profile companies looking to tap the public equity markets is getting longer. Mytheresa, the luxury fashion platform, set terms for its initial public offering Tuesday. The company plans to sell 15.6 million shares at $16 to $18 each. Each American depositary receipt represents one ordinary share. Mytheresa plans to trade on the New York Stock Exchange under the ticker MYTE. Mytheresa is expected to price its IPO on Jan. 20 and trade the next day, a person familiar with the situation said. Underwriters. Close The list of high-profile companies looking to tap the public equity markets is getting longer. From

GM s Cruise Driverless-Car Unit Picks Up Former Delta Operations Chief

GM Unveils New Logo, Names Operations Chief at Cruise Unit The new logo features ‘GM’ in lowercase letters and is the first significant change to the company’s blocky blue emblem since the 1960s Cruise has been refining and testing its autonomous technology on the streets of San Francisco for years. Photo: Paul Sancya/Associated Press By Updated Jan. 8, 2021 1:57 pm ET General Motors Co. GM -0.14% revealed a new tech-themed corporate logo its first major change in decades and GM’s autonomous-car division hired a new operations chief, the latest in the auto maker’s efforts to fend off Silicon Valley as new technologies disrupt the car business.

Global Markets Extend Rally on Stimulus Hopes as Trump Pledges Orderly Transition

Order Reprints Text size Vice President Mike Pence, left, and Speaker of the House Nancy Pelosi, during a joint session of Congress to certify Joe Biden’s Electoral College victory. Getty Images Stocks rose strongly on Thursday, as hopes that the Democrat-controlled Congress will enact further stimulus boosted cyclical sectors. Not to be outdone, technology and software stocks also rallied, rebounding from losses on Wednesday. The spectacle of violence in the capital of the world’s leading economy remains front of mind for many, but has had little to no impact on the stock market. Congress certified President-elect Joe Biden’s win early Thursday morning and President Donald Trump, in a statement on an aide’s

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