SoftBank Prepares $5 Billion For Latin America Funding

SoftBank Group Corp. plans to invest an additional $5 billion in Latin American companies, according to people familiar with the matter. Link: https://www.bloomberg.com/news/articles/2021-07-09/softbank-said-to-prepare-5-billion-for-latin-america-funding

The Latin American Startup Opportunity

Just over a decade ago, a bright young MBA student from Stanford walked into Sequoia’s offices on Sand Hill Road and fervently articulated the opportunity for startups in Latin America. That student was David Vélez. Link:...

Pentagon Scraps $10 Billion Cloud Deal Award to Microsoft

The Pentagon scrapped a $10 billion cloud-computing contract awarded in 2019 to Microsoft Corp. after several years of wrangling between the government and some of the biggest U.S. tech companies over the deal, indicating it plans to divide the work between Microsoft...