Tag - softbank

 
 

SOFTBANK

Jensen Huang (left), co-founder and CEO of Nvidia, and Masayoshi Son, chairman and CEO of SoftBank Group, during a fireside chat at the Nvidia AI Summit Japan on Wednesday
BUSINESS / Companies
Nov 13, 2024
SoftBank plans first supercomputer with Nvidia Blackwell chips
Nvidia’s chips have become a prized commodity for the world’s biggest tech companies, which use the components to develop and run AI models.
SoftBank returned to the black in the three months to September, as it benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BUSINESS / Companies
Nov 12, 2024
SoftBank back to quarterly profit with ¥1.18 trillion gain
The tech giant benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BayStars manager Daisuke Miura is tossed into the air as the team celebrates after Game 6 of the Japan Series on Nov. 3.
BASEBALL / Japanese Baseball
Nov 11, 2024
BayStars manager Daisuke Miura says team never lost faith during Japan Series run
The BayStars defeated the Hawks to win the Japan Series for the first time since 1998.
The BayStars toss manager Daisuke Miura into the air after defeating the Hawks in Game 6 to win the Japan Series in Yokohama on Sunday.
BASEBALL / Japanese Baseball / Sac Bunts
Nov 4, 2024
BayStars turn tables on Hawks after 2017 loss to capture Japan Series title
For the first time in 26 years, the BayStars are Japan Series champions.
Tech entrepreneur, investor and philanthropist Masayoshi Son made his fortune by becoming a bridge between California's technology culture and Japan.
COMMENTARY
Oct 31, 2024
Masayoshi Son may be the oddest of the oddball billionaires
Masayoshi Son made his fortune by becoming a bridge between Californian tech culture and Japan.
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
COMMENTARY / Japan
Oct 30, 2024
Masayoshi Son inflates the AI bubble even more
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
Hawks infielder Hotaka Yamakawa celebrates after hitting a two-run home run against the BayStars in Game 2 of the Japan Series in Yokohama on Sunday.
BASEBALL
Oct 28, 2024
Hawks halfway to third straight Japan Series sweep as series heads to Fukuoka
The Hawks have won 14 straight Japan Series games.
BayStars slugger Tyler Austin hit two homers against the Giants during the final stage of the Central League Climax Series.
BASEBALL / Japanese Baseball
Oct 26, 2024
BayStars aim to complete Cinderella run against Hawks in the Japan Series
To say the Yokohama DeNA BayStars are underdogs against the Fukuoka SoftBank Hawks in the Japan Series would be putting it mildly, but titles are not decided on paper.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Thursday.
BUSINESS / Companies
Oct 3, 2024
SoftBank’s Son envisions AI running households in the next few years
Masayoshi Son's rosy view of AI's potential often comes with a warning to skeptics that they may be left behind if they do not embrace the technology.
Intel, once the world’s largest chipmaker, has become the target of takeover speculation since a rapid deterioration of its business this year.
BUSINESS / Tech
Sep 28, 2024
Arm is rebuffed by Intel after inquiring about buying product unit
Intel, once the world’s largest chipmaker, has become the target of takeover speculation since a rapid deterioration of its business this year.
A user receives ¥50,000 of their salary through the PayPay app.
JAPAN
Sep 25, 2024
SoftBank makes first salary payments via its digital platform PayPay
Employees asking to receive part of their salaries via cashless payment services received the money through the PayPay platform, operated by a SoftBank Group affiliate.
By using an app, call center workers can practice calming down angry callers.
BUSINESS / Companies
Sep 3, 2024
Japanese companies develop AI tools against 'customer harassment'
Japanese companies are developing artificial intelligence tools to protect call center workers from "customer harassment."
The listing ceremony of Ola Electric Mobility at the National Stock Exchange in Mumbai, India, on Aug. 9
BUSINESS / Companies
Aug 19, 2024
Mumbai debuts deliver for SoftBank after market retreat from AI trims gains
Three firms backed by SoftBank have made solid debuts in the past week, in a positive sign after the Vision Fund fell to a loss of ¥204.3 billion in the June quarter.
SoftBank Group CEO Masayoshi Son is preparing a big artificial intelligence bet.
BUSINESS / Companies
Aug 6, 2024
SoftBank to log slim profit ahead of Masayoshi Son’s next AI bet
Emerging from a month of sharp selloffs, the investment firm is expected to report a net income of ¥1 billion for the June quarter.
The Internal Affairs and Communications Ministry has said the 50-50 control of LY, the operator of the Line app, by SoftBank and Naver leaves the messaging app vulnerable to cyberattacks.
BUSINESS / Companies
Aug 4, 2024
SoftBank and Naver to sell down stake in Japan’s Line app
The tender comes as the capital structure of the operator of Japan’s biggest messaging app Line threatens to become a diplomatic flash point with South Korea.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during a news conference in Tokyo in June.
BUSINESS / Companies
Jul 12, 2024
SoftBank buys struggling U.K. chip startup Graphcore in AI race
The deal marks Softbank's second acquisition of a U.K. semiconductor firm, following its 2016 purchase of Cambridge-based Arm Holdings.
The PayPay app had about 60 million registered users as of October.
BUSINESS / Companies
Jul 8, 2024
SoftBank group firm PayPay Securities aims to double accounts
The company has been in the red since February 2021, with a net loss of ¥4.6 billion ($29 million) for the 2023 fiscal year.
Elliott Investment Management's sizable stake in Sumitomo reflects a growing shareholder activism in Japan.
BUSINESS / Companies
Jul 2, 2024
Activist investor campaigns hit record high, driven by Japan
The number of new activists campaigns totaled 147, up 7% from 138 in the same period in 2023 and 29% above the five-year average.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the company's annual general meeting in Tokyo last Friday.
BUSINESS / Companies
Jun 27, 2024
SoftBank to back AI startup Perplexity at $3 billion valuation
SoftBank will invest between $10 million and $20 million in the firm, which aims to use AI to compete with Alphabet’s Google search.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?