Apple to invest $1 billion in SoftBank fund to support tech

Jan 5, 2017

Apple to invest $1 billion in SoftBank fund to support tech

Apple Inc. is planning to invest $1 billion (about ¥117 billion) in SoftBank Group Corp.’s giant new technology fund, adding its name to a growing list of interested parties and giving the iPhone maker a new avenue to tap up-and-coming technologies. Qualcomm Inc. also ...

Dec 18, 2016

SoftBank to invest ¥100 billion in U.S. satellite startup

SoftBank Group Corp. will invest some ¥100 billion in OneWeb Ltd., a U.S. startup that is planning to build a global satellite telecommunications network, informed sources said. The move is part of SoftBank’s strategy to expand its overseas presence to increase profits, the sources ...

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Dec 7, 2016

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win. The investment revived speculation that U.S. telecoms giant ...

| Dec 6, 2016

Stocks rally on overseas equity gains

Stocks rebounded on the Tokyo Stock Exchange Tuesday, supported by overnight rises in European and U.S. equities. The 225-issue Nikkei average gained 85.55 points, or 0.47 percent, to close at 18,360.54. On Monday, the key market gauge shed 151.09 points. The TOPIX index of ...