According to a report today out of The Wall Street Journal, SoftBank has pulled out of a deal to provide Essential with $100 million in funding. Essential reportedly plans to launch a premium smartphone to go head-to-head with the iPhone, and was founded by the father of Android, Andy Rubin…
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A new report claims Softbank has pulled out of a planned $100 investment in Essential, formed by Android co-creator Andy Rubin to make a new smartphone.
Money from tech-focused 'Vision Fund' is flowing, but not to Andy Rubin this time. After first hearing about Andy Rubin's upcoming phone company called "Essential" back in January, information is being revealed today that SoftBank h...
SoftBank dropped a $100 million investment in a smartphone startup founded by the creator of Google’s Android software, partly because of the Japanese investor’s relationship with Apple.
SoftBank CEO Masayoshi Son has reportedly axed plans to invest $100 million in Android founder Andy Rubin's smartphone startup, reportedly because of SoftBank's close business ties to Apple.