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SoftBank posts $17 billion Vision Fund loss on tech slump
SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its...
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SoftBank executives have their pay cut after record loss at Vision Fund
SoftBank Group’s top executives saw steep cuts in their paychecks as the Japanese conglomerate marked...
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Nvidia to abandon $40bn acquisition of SoftBank’s Arm
Nvidia is abandoning its purchase of Arm from SoftBank Group, people familiar with the situation...
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FII: SoftBank investing in blockchain assets but steers clear of cryptocurrencies
SoftBank Group is investing in blockchain infrastructure but not in volatile cryptocurrencies, according to the...
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India's Oyo plans to raise $1.2bn through an IPO
Oyo Hotels and Homes, a once high-flying Indian start-up that ran into troubles during the...
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SoftBank-backed Ola prices e-scooter near regular bikes in value-conscious India
Ola Electric Mobility has priced its electric scooter at 99,999 rupees ($1,348) in an attempt...
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SoftBank profit declines following Sprint perk a year ago
Japanese technology company SoftBank’s fiscal first quarter earnings dropped 39% because of the absence of...
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India’s Paytm targets $2.2bn through IPO
Paytm, the Indian digital payments pioneer backed by SoftBank Group, is seeking approval for a $2.2...
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SoftBank rolls out first Leica-branded smartphone in Japan
Japan's SoftBank is rolling out a Leica-branded smartphone, Leitz Phone 1, exclusively for the Japanese...
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SoftBank-backed scooter operator Tier secures $60m financing from Goldman Sachs
Tier, a Berlin based micro-mobility provider, secured $60 million of asset-backed financing from Goldman Sachs...
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Softbank to get W200 Billion in Korean AI Start-up
Japan's top venture-capital trader Softbank will invest some W200 billion in a good Korean artificial-intelligence...
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WeWork to go public, valued at $9 bil
WeWork announced Friday it plans to enter public markets through a merger transaction that raises...
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ByteDance mulling potential sales of its Indian TikTok assets
ByteDance is reported to be exploring a good sales of the India operations of TikTok...
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Hyundai buys 80% of robot firm Boston Dynamics from SoftBank
Hyundai Motor decided to get a controlling stake in Boston Dynamics in a package that...
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SoftBank Vision Fund to improve tech investments and eyes up to seven IPOs by simply end of 2021, CEO says
After a tumultuous 2019 that saw the implosion of its WeWork public offering, SoftBank’s Vision...
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China's Didi eyes 2021 Hong Kong IPO with more than $60bn valuation
China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public...
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SoftBank-backed Lemonade raises $319 million in IPO
Insurance startup Lemonade Inc, which is backed by SoftBank Group Corp said it raised US$319...
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SoftBank begins $21 billion sale of T-Mobile shares
SoftBank Group Corp unveiled a series of transactions on Mon to divest more than US$21...
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SoftBank ends WeWork tender; remains behind bailout
Japanese technology company SoftBank Group Corp called off its offering as high as $3 billion...
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SoftBank drops ten percent after OneWeb data for bankruptcy
SoftBank Group fell around 10 percent after a satellite operator it invested in filed for...
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SoftBank CEO hosts pre-IPO summit in New York
SoftBank Group Corp. Chief Executive Masayoshi Son held his first “pre-IPO summit” for the conglomerate’s...
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Fitch places WeWork into junk territory
Global credit rating agency Fitch Ratings on Tuesday downgraded WeWork’s credit rating by two notches...
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SoftBank mulls bringing 40 companies to Brazil: Executive
Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to...
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WeWork parent says IPO still on despite setbacks
WeWork owner The We Company said on Monday (Sep 16) it expected to complete its...
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iPhone 11 accident reveals massive Apple slip-up
With the iPhone 11 rumoured to debut in September, there is practically very little left...