News

SoftBank is under fire from a legendary activist investor after a series of bets on money-losing startups backfired on the Japanese tech giant.
One of the world’s biggest tech investors is raising billions more in cash by selling assets in a bid to protect itself from possible future waves of the coronavirus pandemic.
SoftBank Group is launching a $100 million fund to invest in “companies led by founders and entrepreneurs of color,” in the latest corporate action as protests roil the US.
SoftBank-backed companies laid off thousands of employees globally in 2020 as they struggled to find paths to profitability.
SoftBank Corp.’s fifth-generation wireless service in Japan is living up to the hype in at least one respect -- internet speeds that are blazingly fast even by the standards of one of the most ...
As the coronavirus outbreak continues around the world, robots are being used to disinfect, take temperatures, and even prepare food. Softbank's Pepper robot has been repurposed in some places to ...
SoftBank warned them twice that its $100 billion Vision Fund — an investment vehicle that became a major finance force in the technology world — would post a loss on the order of $16.7 billion.
SoftBank warned investors that it expects to report a massive loss this year, thanks in part to the coronavirus wreaking havoc on already-struggling investments like WeWork. The Japanese conglomera… ...
Japanese billionaire Masayoshi Son said the selloff offers a way for SoftBank World Group to protect itself against future possible consequences from the pandemic.
TOKYO — SoftBank, operator of the world’s largest tech fund, said on Monday that it would sell as much as $41 billion in assets as it seeks to vacuum up its own shares, which have dropped ...
Japan's SoftBank Group is expected to post a net profit for the first time in five quarters when the tech investment giant reports earnings on Thursday, benefiting from strong gains in the value ...
SoftBank Group Corp said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding , as the investment behemoth looks to shore up its cash reserve to weather ...