Masayoshi Son’s billions multiply on SoftBank mega-rally and SPAC boom
Few fortunes are as volatile as Masayoshi Son’s. The SoftBank Group Corp. founder was briefly richer than Bill Gates at the start of the century before tech stocks crashed. In March 2020, as markets sank under Covid-19 and questions swirled over SoftBank’s investments, his wealth ...
SoftBank takes top spot on Topix from Toyota as influence grows
While Toyota trades are little changed in 2021, SoftBank stock is up nearly 30%, rallying past a two-decade record to a new high.
Yahoo Japan operator merges with Line to take on foreign tech giants
With a combined user base of about 150 million in Japan, the merger of Z Holdings and Line will create one of the biggest information technology companies in the country.
SoftBank settles WeWork lawsuit; Adam Neumann exits with windfall
The pact announced Friday ends a legal fight over a stock transaction that collapsed and eliminates the need for a March 4 trial in the U.S.
The Nikkei is back at 30,000. But it’s a whole different world.
With the index crash in 1990 that followed the deflating of the asset-price bubble, it would take more than three decades for the benchmark to hit a threshold first reached in 1988.
Will mobile carriers' price cuts boost smaller rivals or doom them?
Budget SIM providers face an uphill battle in differentiating themselves from the likes of NTT Docomo and SoftBank based on price and innovative services.
SoftBank’s Vision Fund posts record $8 billion profit on IPO boom
A global rally in technology shares has boosted the value of SoftBank’s stakes in publicly traded firms like Uber Technologies Inc.
SoftBank Group net profit soars to ¥1.17 trillion in third quarter
Net profit was more than 21 times higher than the ¥55 billion reported a year earlier, the conglomerate said.
Japan's three major mobile carriers log higher operating profits
Thanks to the growing prevalence of remote work, all three major Japanese mobile phone carriers saw their consolidated operating profits increase year on year in April-December 2020, according to their earnings reports. The rosy results were backed by brisk earnings from services for corporate clients ...
SoftBank's Zozo offers tech glasses to help cosmetics buyers get skin tone right
Japanese online fashion retailer Zozo Inc. on Friday launched skin tone measuring glasses for ordering cosmetics online, making its latest fashion tech offering as it expands beyond apparel. "Zozoglass," a pair of spectacles covered with color swatches and markers, detects skin tone when scanned with ...
Rakuten cuts mobile fees for light users to maintain edge over bigger rivals
The firm now says it will lower the cost depending on the amount of data used within the space of a month, saying the fee will even be free for particularly light users.
