NEWSWORTHY

Big spender SoftBank posts record profit

/ May 9, 2018

Big spender SoftBank posts record profit

Buoyed by its investments in technology firms around the world, SoftBank Group Corp. has reported a record annual operating profit in line with analyst estimates. Profit for the year ended March rose to ¥1.3 trillion ($11.87 billion), from ¥1 trillion a year ago, SoftBank said. Steered ...

Sprint and T-Mobile agree to combine in all-stock deal

Apr 30, 2018

Sprint and T-Mobile agree to combine in all-stock deal

T-Mobile and Sprint announced Sunday that they reached an agreement to combine into a new company that would reshape the U.S. wireless landscape by reducing it to three major cellphone providers. The deal would help the companies slash costs and could make them a stronger ...

SoftBank-led trio develop robot that can transform into car

/ Apr 26, 2018

SoftBank-led trio develop robot that can transform into car

A SoftBank Group Corp. subsidiary and two other firms have developed a prototype of a two-seat humanoid robot that can transform into a car for use in amusement parks, the companies said Thursday. Invoking the heroes from the "Transformers" movies, the experimental J-deite Ride can ...

Sprint and T-Mobile said to be back in merger talks

Apr 11, 2018

Sprint and T-Mobile said to be back in merger talks

Sprint Corp. and T-Mobile US Inc. have restarted talks about a potential deal, according to people familiar with the matter, five months after efforts to combine two of the biggest U.S. wireless providers fell apart. It's not clear exactly what terms the companies are discussing, ...