INDBInternet News Database 2.5 Updated just now · 288 sources Show or hide images Light or dark

China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

3 sources3 articles First seen Updated China Truth score 66

Save Like Comments Compare coverage
Image from The New York Times

Summary

Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions. Covered by 3 outlets: 1 lean left, 2 are centre.

Automated summary picked from the outlets' own descriptions.

Who is covering this

  1. The New York Times Left Factuality: Very high US
    China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

    Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.

  2. The Japan Times Center Factuality: High JP
    China blocks SoftBank’s $5.4 billion ABB robot unit takeover

    The takeover was widely expected to bolster SoftBank's revenue and profit while it awaits a boost from OpenAI's public debut.

  3. Reuters Center Factuality: Very high GB
    China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports - Reuters

    China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports Reuters

Comments

Comments need JavaScript.

Related stories