SoftBank Expects Mass Production of Driverless Cars in Two Years

SoftBank Group Chief Executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years. From a report: While in the first year the production of units won’t be in millions, in the next several years the cost per mile in fully autonomous cars will become very cheap, Son said, speaking at a virtual meeting…

SoftBank CEO Says He Doesn’t Understand Bitcoin, and Watching the Price Fluctuate Was ‘Distracting My Focus On My Own Business’

An anonymous reader quotes a report from Business Insider: Softbank CEO Masayoshi Son said that he “doesn’t understand” bitcoin, and that he spent a good chunk of his time tracking its movement while invested in the cryptocurrency. Son, who made the remarks at The New York Times DealBook conference, said he was told by a friend to invest “1% of his…

Should the U.K. Government Form a Coalition to Buy ARM?

With SoftBank’s Masayoshi Son trying to sell ARM, a columnist for the Observer newspaper has a suggestion for the U.K. government (and specifically Brexit Tories), calling the Cambridge-based company “a kind of public-interest commercial company: licensing state-of-the art instruction sets that can be implemented in silicon architecture by everyone. It was in nobody’s pocket.” Its business, as its chief founder, Tudor…