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Exclusive: US panel okays SoftBank's US$2.25 billion investment in GM-linked self-driving firm

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A U.S. national security panel on Friday approved a US$2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm ...

A U.S. national security panel on Friday approved a US$2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm majority owned by GM , the unit told Reuters, signaling some leeway for investors with deep ties to China.

FILE PHOTO: People walk near the logo of SoftBank Corp in Tokyo, Dec. 18, 2014. REUTERS/Toru Hanai/File Photo

 

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