SoftBank Corp. said Friday it will merge its four domestic telecommunications subsidiaries next April to improve business efficiency and competitiveness. The telecoms and Internet giant will integrate its operations under the surviving SoftBank Mobile Corp. starting April 1. The SoftBank board approved the structural ...
With half the decade complete, we examine an industry that has significantly changed the way we think about ourselves.
In October, the Internal Affairs and Communications Ministry announced new guidelines on removing the SIM lock on cellphones, saying carriers will be required to unlock handsets starting next May. The ministry believes removing the SIM lock will make cellphones more convenient for users because ...
SoftBank Corp. will invest $7 million in Altaeros Energies Inc., a U.S. company developing airborne wind turbines. Altaeros is working to commercialize technology to lift wind turbines into consistently high altitudes so they can produce more power than tower-mounted turbines, the companies said in ...
SoftBank Corp. has invested $250 million in GrabTaxi Holdings Pte. as the cab-booking service fends off competition from Uber Technologies Inc. in Southeast Asia. SoftBank Internet and Media Inc., a unit of the Japanese company, will become the largest investor in GrabTaxi, Anthony Tan, ...
Looking sharp and professional in a black vest and bow tie, a humanoid robot showed up for its first day of work at a new job Monday selling coffee machines for food giant Nestle Japan Ltd. “By simply answering my questions, I can tell ...
SoftBank’s quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint. The telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of ¥483.1 billion, up from ¥165.8 billion a year earlier. ...
SoftBank said Tuesday that its net profit in the first six months of this business year jumped by more than a third, thanks to a $5 billion gain from its stake in Chinese e-commerce giant Alibaba. But the company warned that annual operating profit ...
Food giant Nestle said Wednesday that its Japan unit plans to hire 1,000 robots as sales clerks at stores across the country. The first batch of the robots — a chatty humanoid called Pepper — will report to work by the end of this ...
SoftBank Corp. announced Tuesday that the company will release its new smartphone in late November and that its easy-to-use design will be particularly convenient for the elderly. The Simple Smaho 2, developed in cooperation with Sharp Corp., is the company’s second smartphone designed for ...
SoftBank Corp. will invest $627 million in Indian e-retailer Snapdeal.com to tap the growing online market there. The telecommunications company run by billionaire Masayoshi Son said Tuesday it will also lead an investment of $210 million in ANI Technologies Pvt., which runs the popular ...
Billionaire Masayoshi Son’s 300-year business plan for SoftBank Corp. sees no pause in acquisitions that saw him splurge $51 billion in five years. Higher interest rates in the U.S. and Japan may put the brakes on his debt-fueled ambitions. SoftBank is Japan’s biggest corporate ...
