Softbank's $2.25 Billion Investment in GM's Cruise Cleared by US

Softbank’s $2.25 Billion Investment in GM’s Cruise Cleared by US

The U.S. self-driving vehicle company Cruise, majority-owned by General Motors Co, instructed Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the agency by Japan’s SoftBank Corp. SoftBank has come underneath rising U.S. scrutiny over its ties to Chinese corporations within the face of escalating commerce and technology war […]