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 ...

SoftBank's Son said to plan meeting with Trump in New York

Dec 6, 2016

SoftBank's Son said to plan meeting with Trump in New York

SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was to meet with President-elect Donald Trump in New York on Tuesday, a person with direct knowledge of the matter said. Son has no specific agenda for the meeting but wants to meet Trump ...