The moves extend its ongoing effort to downsize internationally as it adapts to a tourism industry crushed by the coronavirus.

In early March, before the coronavirus pandemic triggered a global economic lockdown, SoftBank Group Corp. founder Masayoshi Son paid tribute to Rajeev Misra, the man who runs his $100 billion technology investment fund. Wearing a $70 (¥7,500) Uniqlo down jacket, the Japanese billionaire put ...

Lasertec Corp. is the world’s only maker of testing machines to verify chip designs that use extreme ultraviolet lithography.

Masayoshi Son conceded he is unlikely to be able to draw outside investors for another Vision Fund.

SoftBank Corp.’s fifth-generation wireless service in Japan is living up to the hype in at least one respect — internet speeds that are blazingly fast even by the standards of one of the most connected countries in the world. The carrier’s month-old 5G network topped ...

Just nine months ago, Masayoshi Son publicly declared Ritesh Agarwal one of the star entrepreneurs backed by his SoftBank Group Corp. The billionaire boasted that Agarwal’s Oyo Hotels & Homes was poised to overtake the biggest hotel chains in the world just a few ...

SoftBank Group Corp. fell as much as 10 percent after a provider of satellite-based internet service that it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares. OneWeb made the filing late Friday U.S. time ...

Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies — a startup from India called Oyo. In a spacious conference hall at his Tokyo headquarters, the billionaire huddled with lieutenants from the ...

Paul Singer earned his reputation as a take-no-prisoners brawler by challenging the interests of Argentina's government and South Korea's family businesses. With his latest investment, though, the American activist investor appears to be taking a more collaborative approach. Singer's Elliott Management Corp. took a stake ...

It's a tantalizing prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today's most advanced supercomputers. Toshiba Corp. says it has the technology to make such rapid-fire calculations a reality — not quite quantum computing, ...