News

SoftBank is under pressure from a legendary activist investor after a series of bets on money-losing startups backfired on the Japanese tech giant. New York-based Elliott Management revealed ...
One of the world’s biggest tech investors is raising billions more in cash by selling assets in a bid to protect ... Pedestrians walk past a Japan's SoftBank mobile shop in Tokyo on May 18, 2020.
SoftBank-backed companies laid off thousands of employees globally in 2020 as they struggled to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi ...
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.
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during a news conference in Tokyo, Japan, on Wednesday, Feb. 12, 2020.
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 ...
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. Described as… ...
Japanese company Softbank is behind Pepper, the recognizable robot used in some stores and hotels around the world. Now, the robot is being used as a greeter and to ease loneliness among mild ...
The visual elements we quote below come from SoftBank’s reporting of its own results from its fiscal year ending March 31, 2020. Much of the deck is made up of financial reporting tables and ...
Japanese billionaire Masayoshi Son said the selloff offers a way for SoftBank World Group to protect itself against future possible consequences from the pandemic. After unloading Sprint Corp. to ...
SoftBank’s Super-Fast 5G Network Isn’t Very Useful Just Yet Network is lightning-fast, but coverage in Tokyo is scarce Value of extra bandwidth to consumer remains unproven ...
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… ...