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SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns. The discussions come as Softbank is preparing to list the chip designer on Nasdaq next month at a valuation of $60 billion to $70 billion. If the negotiations lead to a deal, the Japanese tech investor would be delivering a major, immediate windfall to VF1 investors, including Saudi Arabia's Public Investment Fund and Abu Dhabi's Mubadala.

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Crawford and Errol Spence Jr., will collide with each other to crown an undisputed welterweight champion. This matchup follows Naoya Inoue's recent ruthless victory over Stephen Fulton, adding more excitement to the boxing world. Crawford, an ultra-skilled three-division world champion, boasts an impeccable record of 39-0 with 30 knockouts. Holding the WBO welterweight title since defeating Jeff Horn in 2018, he has successfully defended it six times against notable opponents, such as Amir Khan and Kell Brook. His formidable opponent, Errol Spence Jr., is the unified WBA, WBC and IBF champion, with an equally impressive record of 28-0 with 22 knockouts. Spence claimed the IBF crown in 2017 after a late knockout of Kell Brook and has since been dominating the division. The bout is set to take place on Saturday (July 29), at the T-Mobile Arena in Las Vegas, Nevada. The main undercard begins at 1 am BST on Sunday, July 30 (5 pm PT, 7 pm CT, 8 pm ET on Saturday), with the main event ring walks expected at approximately 4 am BST (8 pm PT, 10 pm CT, 11 pm ET on Saturday). To watch the event, viewers in the UK can tune in to TNT Sports Box Office via pay-per-view television at a cost of £19.95. Alternatively, it can also be streamed live through the TNT Sports Box Office player. In the US, the viewers can watch the fights on Showtime pay-per-view, priced at $84.99.

(Corrects free cash flow figure in paragraph 5 to $5.6 billion from $8 billion)

Dave Chappelle has announced the dates for his stand-up comedy tour this fall. Chicago and New York are two of the major cities in his 12-city tour in the US. He will present his stand-up act in the ‘Dave Chappelle Live’ tour on October 4, 2023, at the United Center in Chicago.

Federal prosecutors say a former Indiana congressman should pay nearly $1.4 million to cover the legal bills of companies forced to incur expenses when he was prosecuted on insider trading charges

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Deutsche Telekom, a leading global integrated telecommunications firm, has announced support for Polygon blockchain infrastructure.

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Goldman Sachs is pausing its efforts to acquire new credit card programmes, according to people familiar with the matter.

Deutsche Telekom (DT), the parent company of wireless network operator T-Mobile, has announced that its subsidiary T-Systems MMS will support the Ethereum blockchain network by infrastructure in the form of validator nodes.  

Last week, the crypto market had a fairly uneventful time. Prices have largely stayed within the same window that they have been for a few weeks, and Bitcoin (BTC) stays under the $20,000 mark. Investors are worried about the near-term future of the market, as fears of a recession and a poor 2023 are high on the minds of many.

SoftBank said on 28 January that Chief Operating Officer Marcelo Claure agreed to leave the company.

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