SoftBank Invests $2.8 billion In Norwegian Robotics Firm AutoStore

Japanese tech conglomerate SoftBank has acquired 40% of Norwegian warehouse automation firm AutoStore for $2.8 billion. The news was first reported by The Wall Street Journal on Monday and later confirmed by AutoStore in an update on its website. The deal values AutoStore at $7.7 billion. SoftBank, which has made a string of investments into…

Toyota, Denso Team With Aurora On Self Driving Cars For Uber

Toyota Motor Corp and longtime supplier partner Denso Corp will team up with self-driving car startup Aurora to develop and build autonomous minivans for ride hailing networks, the companies said on Tuesday. The deal gives San Francisco-based Aurora a clearer path to profitability as it competes with Alphabet Inc’s Waymo, General Motors Co’s majority-owned Cruise…

SoftBank to Develop Cross-Carrier Blockchain Payments With IBM Tech

SoftBank is teaming up with IBM to develop cross-carrier blockchain payments solutions, with the focus on technologies that will allow smartphone users to make local payments when traveling overseas and roaming. According to an Oct. 22 announcement, SoftBank said it will be working with IBM as well as blockchain startup TBCASoft that develops cross-carrier blockchain…