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Podcast: One Thing Today in Tech
Episode: SoftBank may invest $10 bln in India in 2022; Spotify buys Findaway; and a chat with Shashank Kumar, CEO of DeHaat
Description: SoftBank Group may invest as much as $10 billion in India next year, chief executive Rajeev Misra said in a virtual conference on Thursday, TechCrunch reports. SoftBank, which returned to Flipkart with a fresh investment this year, has already invested $3 billion in Indian companies this year. In India, the group will look for the right companies at the right valuations to invest between $5 billion and $10 billion in 2022.
US President Joe Biden on Thursday signed into law, the Secure Equipment Act, to prevent Chinese companies that are seen as security threats from receiving new equipment licenses from US regulators...