Softbank

Nanako Aramaki, the only professional flamenco dancer from Japan performing in London, has been winning hearts with her brilliant dance steps on stage while also working as an employee of a telecommunications-related company. One recent Sunday evening, the 36-year-old started dancing to a festive Sevillana ...

SoftBank Group Corp.'s massive investment in WeWork triggered a multibillion-dollar write-down and a rare apology from founder Masayoshi Son. But one analyst argues the deal is likely to work in the end and SoftBank will have the "last laugh." Chris Lane of Sanford C. Bernstein ...

SoftBank Group Corp. has scaled back ambitions for its second Vision Fund after the failure of big bets, including WeWork, by its first fund rattled partners such as Saudi Arabia, according to the Sunday Telegraph. The second Vision Fund is expected to fall significantly short ...

SoftBank Corp. and the University of Tokyo have agreed to open artificial-intelligence centers staffed with specialists from the university and around the world, to swiftly turn research into profitable business ventures so Japan can keep up with the U.S. and China. "If they are stuck ...

In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. As they entered the offices, Chief Executive Officer Xu Li was hoping to persuade the head of SoftBank Group Corp. to invest ...

KDDI Corp. and social media giant Facebook Inc. will jointly develop services to be provided through a 5G network in Japan, according to informed sources. They aim to offer smartphone users a product sales system utilizing augmented reality by taking advantage of the massive data ...

WeWork parent We Co. agreed to the Japanese conglomerate’s tender offer, one element of a $9.5 billion rescue package for the ailing office-sharing company, last month.

Masayoshi Son stood on stage in Tokyo earlier this month and told skeptical SoftBank Group Corp. investors that making WeWork Cos. profitable is not only possible, but will be "simple." Driving that confidence is WeWork's Japanese unit, which is already in the black and ...

A sense of crisis about the strength of Amazon.com, Apple and other information technology giants apparently hurried Line Corp. and Yahoo Japan parent Z Holdings Corp. into arranging their merger, which will create Japan's biggest internet services group. But it will not be easy for ...

SoftBank Group Corp. will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder, Adam Neumann, two people familiar with the matter said. The tender offer ...

WeWork said on Thursday it is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilize its business after it transformed from a Wall Street darling into a pariah in a matter of weeks. The long-anticipated layoffs are ...