News Headlines - 23 April 2019

SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin - WSJ

Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter.
Mr. Son, who launched the world’s biggest venture-capital fund on the strength of his long-term investing acumen, made the investment in late 2017 at the recommendation of a well-known bitcoin booster, whose investment firm SoftBank bought that year, the people said.

Toyota establishes research institute in China to study hydrogen, green technologies - Reuters

Japan’s Toyota Motor Corp said on Sunday it was setting up a research institute in Beijing in partnership with Tsinghua University to study car technology using hydrogen power and other green technologies that could ease environmental problems in China.
The initiative, outlined by Toyota’s President and Chief Executive Akio Toyoda in a speech at Tsinghua University, is part of the Japanese carmaker’s efforts to share more technology with China as it seeks to expand its business in the country by beefing up manufacturing capacity and distribution channels, a source close to Toyota said.

Samsung Delays Launch of Galaxy Fold Smartphone | Fortune

Samsung has decided to postpone the launch of its anticipated folding smartphone after a number of reviews noted the device was too flimsy.
The company, in a press release, says it has pushed the launch back of the Galaxy Fold from the original target of April 26.

New IRA admits responsibility for murder of Lyra McKee - Irish Times

The New IRA admitted responsibility for the death of McKee in Derry. In a statement given to The Irish News using a recognised code word, the group offered “full and sincere apologies” to her family and friends.
The New IRA is an amalgam of armed groups opposed to the peace process and it recently claimed responsibility for parcel bombs sent to London and Glasgow in March.

Prince Louis: Kate's pictures mark first birthday - BBC News

Official photographs of the Duke and Duchess of Cambridge's youngest child, Prince Louis, have been released to mark his first birthday.
Taken by the duchess, the images show the prince in the grounds of the family's home, Anmer Hall, on the Queen's Sandringham Estate in Norfolk.
Catherine also took Prince Louis' first official portraits, shortly after his birth on 23 April last year.







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