A week in tech, August 4-8
A round-up of all the latest tech news.
ò MoodyÆs Investors Service announced it is upgrading Softbank, as it pointed to the internet firmÆs acquisition of VodafoneÆs Japanese unit as a factor that should boost its competitiveness. In the announcement, the risk evaluator upgraded SoftbankÆs long-term debt rating and issuer rating to Ba2 from Ba3, with a stable outlook. Softbank completed a deal in April to buy Vodafone Japan for $15 billion. Softbank also owns Yahoo Japan. The company said it plans to rename the...
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