Aug 19, 2015

SoftBank beefs up Sprint stake with second purchase this month

SoftBank Group increased its stake in Sprint Corp. a second time this month, acquiring ¥7.51 billion($73 million) of stock in the unprofitable U.S. wireless operator. The Japanese carrier paid for 16.8 million shares, according to Bloomberg calculations based on a SoftBank filing with the ...

SoftBank increases stake in Sprint with ¥10.86 billion investment

Aug 13, 2015

SoftBank increases stake in Sprint with ¥10.86 billion investment

SoftBank Group Corp. said Thursday it has invested another ¥10.86 billion ($87 million) in Sprint Corp., underscoring billionaire founder Masayoshi Son’s commitment to turning around the money-losing U.S. wireless carrier. The Japanese telecommunications and Internet business group bought 22.9 million Sprint shares at an ...

Showroom offers taste of what living with a robot will be like

Jul 24, 2015

Showroom offers taste of what living with a robot will be like

What will it be like living with a humanoid robot that can read human emotions and exchange conversations with them? SoftBank Group Corp. began displaying its popular Pepper robots at a house-viewing event in Osaka on Friday to give visitors a taste of such ...

Jul 24, 2015

Long history of money-losers for Japan Inc.

Here we go again? Nikkei Inc.’s purchase of Pearson’s FT Group raises once more the question of whether Japanese companies pay too much for overseas acquisitions. Since the 1990s, Japanese acquirers have purchased a series of assets — from the Pebble Beach golf course ...

Mizuho introduces SoftBank's Pepper robot to Tokyo bank branch

Jul 17, 2015

Mizuho introduces SoftBank's Pepper robot to Tokyo bank branch

Mizuho Financial Group Inc. introduced SoftBank Group Corp.’s Pepper robot to its flagship branch in central Tokyo on Friday. The 121-cm-tall humanoid will entertain customers with games and multimedia and provide basic information on products. The bank plans to add its robot employee to ...

Jun 27, 2015

Toyota's drug problem, and Japan's

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Toyota has a drug problem. The company and CEO Akio Toyoda are dealing with the fallout from a bizarre case surrounding his newly promoted head of global public relations, Julie Hamp. It all started on June 18, when Hamp, an American who moved to ...