Business / Corporate Jun 29, 2021

SoftBank pulls the plug on its flagship Pepper 'humanoid' robot

The ¥198,000 robot was a project Masayoshi Son once personally championed as a symbol of his conglomerate’s ambitions in AI and technology.

Business / Corporate May 26, 2021

SoftBank-backed Jellysmack eyes global expansion and acquisitions

The New-York based company helps online content creators and brands promote their offerings across platforms like Instagram and YouTube, taking a share of revenue in return.

Business / Corporate May 13, 2021

SoftBank tumbles after record profit fails to impress

Investors are skittish about whether SoftBank will keep buying back its own stock after completing a ¥2.5 trillion allotment for repurchases.

Business / Corporate Jan 13, 2021

SoftBank sells $2 billion in Uber stock as services recover

Uber's food delivery business has surged during the pandemic, making up for losses suffered by its ride-hailing service.

Business / Corporate Oct 19, 2020

SoftBank hits 20-year high as investors embrace defensive stance

The Tokyo-based company’s stock gained more than 3% to ¥7,244, the highest level since March of 2000 in the midst of the dot-com boom.

Business / Corporate Oct 15, 2020

SoftBank to combine frenzy of SPACs with CEO’s eccentric vision

For Masayoshi Son, creating such a vehicle may give him a new way to invest in nascent companies while tapping the surging public markets for money.

Business / Corporate Sep 25, 2020

Masayoshi Son cuts SoftBank shares pledged to lenders by $810 million

Son trimmed his committed shares by about 14 million to 213 million, according to regulatory filings.

Business / Corporate Sep 8, 2020

SoftBank’s big options bet tests investors' faith in Masayoshi Son

The firm’s position has injected a jolt of uncertainty into the market, with questions about exposure and plans for future trading.

Business / Corporate Aug 19, 2020

SoftBank to dispatch executives to help stricken Oyo

Cuts in Japan by the online hotel operator come as it adapts to a much smaller tourism industry in the wake of the coronavirus pandemic.

Business / Corporate Jul 13, 2020

After 133% rally, SoftBank investors bet there’s more to come

Founder Masayoshi Son has made a career out of confounding his doubters, and analysts see plenty of upside to his company's share price despite all its recent troubles.