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Softbank

  • Arm Raises Nearly $5 Billion for Its IPO, but Its Investments in China Raise Concern
    Arm Raises Nearly $5 Billion for Its IPO, but Its Investments in China Raise Concern
    Arm raises nearly $5 billion for its IPO, but the chipmaker's investments in China raise some concern.
    September 15, 2023BY Bryan Jung
  • Investors Worldwide Further Reduce Stakes in Chinese Tech Firms, Some Shift Investment to Taiwan
    Investors Worldwide Further Reduce Stakes in Chinese Tech Firms, Some Shift Investment to Taiwan
    New Analysis Amid a grim outlook of the Chinese economy, particularly its technology sector, foreign investors have been ...
    December 26, 2022BY Anne Zhang and Sean Tseng
  • SoftBank CEO ‘Remorseful’ After Record $23.4 Billion Quarterly Loss
    SoftBank CEO ‘Remorseful’ After Record $23.4 Billion Quarterly Loss
    News Analysis Japanese tech investment giant SoftBank Group has decided to sell one-third of its Alibaba stake to ...
    August 18, 2022BY Jenny Li
  • Japan Tech Giant SoftBank Posts $23 Billion Quarterly Loss
    Japan Tech Giant SoftBank Posts $23 Billion Quarterly Loss
    TOKYO—Japanese technology company SoftBank Group posted a $23.4 billion loss in the April–June quarter as the value of ...
    August 8, 2022BY The Associated Press
  • Stephen Moore on New Democrat Spending Bill; SoftBank Has Record Quarterly Net Loss | NTD Business
    Stephen Moore on New Democrat Spending Bill; SoftBank Has Record Quarterly Net Loss | NTD Business
    The biggest climate bill in U.S. history is heading to the House after passing in the Senate. Economist ...
    August 8, 2022BY Paul Greaney
  • Face-Recognition Business Puts SoftBank Between China, US
    Face-Recognition Business Puts SoftBank Between China, US
    TOKYO—A SoftBank-owned company is thriving by offering face-recognition technology fuelled by a blacklisted Chinese firm to the likes ...
    July 9, 2022BY Reuters
  • SoftBank Overseas Business Chief Exits in Latest Churn
    SoftBank Overseas Business Chief Exits in Latest Churn
    TOKYO—Japan's SoftBank Group Corp. said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank ...
    June 23, 2022BY Reuters
  • SoftBank Vision Fund Posts $26 Billion Loss; Son Pledges Defense
    SoftBank Vision Fund Posts $26 Billion Loss; Son Pledges Defense
    TOKYO—Japan's SoftBank Group Corp. reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, ...
    May 14, 2022BY Reuters
  • SoftBank Latin America Fund Loses Key Managing Partners: Bloomberg
    SoftBank Latin America Fund Loses Key Managing Partners: Bloomberg
    SoftBank Group Corp. Latin America Fund managing partners Shu Nyatta and Paulo Passoni looked to depart to start ...
    April 20, 2022BY Benzinga
  • SoftBank Faces Investment Difficulty in China as US Bans Chinese Military Firms
    SoftBank Faces Investment Difficulty in China as US Bans Chinese Military Firms
    News Analysis Japanese investment giant SoftBank has been bracing for successive financial losses in China, not only because ...
    December 25, 2021BY Jenny Li
  • SoftBank SPAC to Take Walmart-Backed Symbotic Public in $5.5 Billion Deal
    SoftBank SPAC to Take Walmart-Backed Symbotic Public in $5.5 Billion Deal
    Walmart Inc.-backed Symbotic said on Monday it would go public through a merger with a SoftBank Group Corp. ...
    December 14, 2021BY Reuters
  • SoftBank Becomes the Biggest Victim Amid China’s Clampdown on Internet Giants
    SoftBank Becomes the Biggest Victim Amid China’s Clampdown on Internet Giants
    SoftBank Group Corp., a Japanese venture capital firm, announced its performance for the second quarter (April - September) ...
    November 15, 2021BY Kathleen Li
  • SoftBank Group to Buy Back Up to 14.6 Percent of Shares
    SoftBank Group to Buy Back Up to 14.6 Percent of Shares
    TOKYO—SoftBank Group Corp. said on Monday it would buy back up to one trillion yen ($8.82 billion) of ...
    November 8, 2021BY Reuters
  • Japan’s SoftBank Sinks Into Losses Over China Investments
    Japan’s SoftBank Sinks Into Losses Over China Investments
    TOKYO—SoftBank Group Corp. sank into red ink for the July-September period, dragged down by losses on its investments ...
    November 8, 2021BY The Associated Press
  • SoftBank Invests $400 Million in Activewear Maker Vuori
    SoftBank Invests $400 Million in Activewear Maker Vuori
    SoftBank Group Corp.'s venture capital fund has invested $400 million in Vuori Inc., the California-based maker of leggings ...
    October 13, 2021BY Reuters
  • SoftBank Backs Steven Mnuchin’s $2.5 Billion Private Equity Fund
    SoftBank Backs Steven Mnuchin’s $2.5 Billion Private Equity Fund
    SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury Secretary ...
    September 22, 2021BY Reuters
  • SoftBank Leads $680 Million Funding Round in NFT Fantasy Soccer Game Sorare
    SoftBank Leads $680 Million Funding Round in NFT Fantasy Soccer Game Sorare
    LONDON—Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, with players ...
    September 21, 2021BY Reuters
  • SoftBank CEO Son Says Smart Robots Can Revitalise Japan Growth, Competitiveness
    SoftBank CEO Son Says Smart Robots Can Revitalise Japan Growth, Competitiveness
    TOKYO—SoftBank Group Corp Chief Executive Masayoshi Son on Wednesday said so-called smart robots can revitalise Japan's economy and ...
    September 15, 2021BY Reuters
  • Deutsche Telekom Lifts T-Mobile US Stake in Softbank Swap Deal
    Deutsche Telekom Lifts T-Mobile US Stake in Softbank Swap Deal
    BERLIN/TOKYO—Deutsche Telekom has struck a share-swap deal with Softbank Group to increase its stake in U.S. unit T-Mobile ...
    September 7, 2021BY Reuters
  • SoftBank Pauses China Investing as Clampdown Roils Portfolio
    SoftBank Pauses China Investing as Clampdown Roils Portfolio
    TOKYO—SoftBank Group Corp. will pause its investing in China as it waits for regulatory action against Chinese tech ...
    August 10, 2021BY Reuters
  • Apple’s New Macs Could Revive the PC Chip Wars, Analysts Say
    Apple’s New Macs Could Revive the PC Chip Wars, Analysts Say
    Apple Inc. on Nov. 10 is expected to unveil new Mac computers using its own in-house processor chips, ...
    November 9, 2020BY Reuters
  • NTD Business (Sept. 4): China Threatens to Dump US Debt; US Economy Adds 1.4 Million Jobs
    NTD Business (Sept. 4): China Threatens to Dump US Debt; US Economy Adds 1.4 Million Jobs
    China threatens to sell off U.S. treasuries. We talk to Derek Scissors at the American Enterprise Institute to ...
    September 5, 2020BY NTD Television
  • SoftBank Takes Control of WeWork as Part of Bailout, Adam Neumann to Leave Board
    SoftBank Takes Control of WeWork as Part of Bailout, Adam Neumann to Leave Board
    SoftBank Group Corp. is taking control of beleaguered WeWork, part of a rescue financing plan that will see ...
    October 23, 2019BY Bloomberg
  • SoftBank Seeks Control of WeWork Through Financing Package: Source
    SoftBank Seeks Control of WeWork Through Financing Package: Source
    SoftBank Group Corp. has prepared a financing package for WeWork Companies Inc. that would give it control over ...
    October 15, 2019BY Reuters
  • SoftBank Faces $100 Billion Debt as US and China Tech IPO Bubble Bursts: Report
    SoftBank Faces $100 Billion Debt as US and China Tech IPO Bubble Bursts: Report
    SoftBank Group, the driving force behind the U.S. and China initial public offering boom, faces $100 billion in ...
    October 14, 2019BY Chriss Street
  • SoftBank Makes WeWork an Example as Son Gets Tough With Founders
    SoftBank Makes WeWork an Example as Son Gets Tough With Founders
    Masayoshi Son, long known as a free-spending benefactor who encouraged startup founders to pursue their dreams, had a ...
    September 27, 2019BY Bloomberg
  • Japanese Mobile Carrier Rakuten Rejects Huawei, Chooses NEC for 5G Network
    Japanese Mobile Carrier Rakuten Rejects Huawei, Chooses NEC for 5G Network
    Rakuten Mobile has chosen a domestic Japanese company as its 5G partner, in another setback for Chinese tech ...
    June 5, 2019BY Frank Fang
TOP NEWS
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    NEW By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    1hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    2hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    2hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Signs Nuclear Cooperation Deal With Saudi Arabia
    2hr By Emel Akan
    US Signs Nuclear Cooperation Deal With Saudi Arabia
  • House Passes Defense Policy Bill That Attaches SAVE America Act
    3hr By Jackson Richman
    House Passes Defense Policy Bill That Attaches SAVE America Act
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    3hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    3hr By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    4hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    5hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
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