Michael Ronen, Goldman Sachs Group Inc.’s co-chief operating officer of the global technology, media and telecommunications group, is leaving the firm to join Masayoshi Son’s planned $100 billion SoftBank Vision Fund.Ronen will join the fund later this year and move from New York to ...
WeWork Cos, a co-working space startup backed by SoftBank Group Corp., is making its first foray into Japan with 10 to 20 locations in central Tokyo, a source said.Mitsubishi Estate Co. and several other building owners are in discussions with the New York-based company, ...
The SoftBank Group invests in a robotic future by purchasing Boston Dynamics from Google parent Alphabet along with Japanese robot maker Schaft.
The lights of the high-end boutiques and bars of Tokyo’s Ginza district may someday be powered by coal burned more than 1,700 miles away (2,700 km) in Mongolia, electricity zipping over ultra-high voltage lines across deserts and under seas.That’s the idea behind plans in ...
Grab, Uber Technologies Inc.’s fiercest rival in Southeast Asia, is hunting for deals with funding from its biggest backer SoftBank.The five-year-old startup has built a team for mergers and acquisitions led by President Ming Maa, with a pipeline of deals under review, CEO Anthony ...
The benchmark Nikkei average ended slightly lower on the Tokyo Stock Exchange on Monday amid a dearth of fresh trading incentives.The Nikkei 225 average shed 4.27 points, or 0.02 percent, to end at 19,682.57. On Friday, the key market gauge lost 126.29 points. On ...
Stocks gained further ground on the Tokyo Stock Exchange Thursday, supported by an overnight rise on Wall Street.The Nikkei 225 climbed 70.15 points, or 0.36 percent, to finish at 19,813.13. On Wednesday, the key market gauge gained 129.70 points. The Topix, which covers all ...
SoftBank Group has quietly amassed a $4 billion stake in Nvidia, making it the fourth-largest shareholder in the graphics chip-maker, according to people familiar with the situation.SoftBank, which just closed its Vision Fund, disclosed it owned an unspecified amount of Nvidia stock when it ...
SoftBank Group Corp. has secured the first capital commitment to a $100 billion fund organized with Saudi Arabia and Abu Dhabi that would eventually put its founder Masayoshi Son in charge of one of technology’s biggest investment vehicles.The telecom conglomerate is investing $28 billion ...
SoftBank Group Corp. said Wednesday its group net profit in the year that ended March 31 more than tripled from a year earlier to a record ¥1.43 trillion ($12.5 billion), reflecting the improving profitability of U.S. unit Sprint Corp. and strength in its domestic ...
SoftBank Group Corp. is close to announcing commitments of as much as $95 billion (¥10.8 trillion) for its technology fund, people familiar with the matter said.The fundraising close will be announced as soon as next week, said the people, asking not to be identified ...
Former Yahoo Japan Corp. President Masahiro Inoue died in a traffic accident in California on Tuesday, it was learned Saturday. He was 60.A Tokyo native, Inoue was Yahoo Japan’s president for 16 years after taking the reins of the Internet search company from SoftBank ...
