As the largest shareholder of internet satellite company OneWeb, SoftBank had been the one to decide to let the companyfile for bankruptcy. OneWeb filed for Chapter 11 bankruptcy this past Friday when the markets closed in New York at 4 p.m. ET. OneWeb had raised $3.4 billion in capital with Qualcomm, Airbus, Virgin Group, Coca-Cola, … Continue reading “SoftBank Allowed OneWeb to File for Bankruptcy”
