Rakuten Mobile rivals taking advantage of subscriber outflow
KDDI's povo service with no basic fee is benefiting from the situation. Its subscribers pay for data usage each month, in accordance with the amounts to be used.
SoftBank faces record loss as Masayoshi Son’s bets tumble again
The world’s largest tech fund is estimated to have lost about $18.6 billion on its public portfolio alone during the quarter that ended March 31.
Japan’s aging billionaires think they are indispensable. That’s a problem.
Japan's aging and hard-working corporate founders don’t know when to walk away.
As sinking yen causes pain for many, SoftBank and game-makers are rare beneficiaries
Game publishers such as Nintendo and Capcom create software in Japan, meaning the bulk of their costs are in yen, while a large portion of their sales come from overseas.
SoftBank’s Vision Fund devotes more of its cash to Japan for first time
The newfound interest comes after years of criticism in Japan of an unprecedented investment spree that’s bankrolled high-profile startups elsewhere.
SoftBank cuts back spending, leaving startups desperate for cash
The adoption of prudence at SoftBank’s Vision Fund is an about-face from its past freewheeling largess.
SoftBank plans to retain controlling stake in Arm after IPO
Softbank's raising of an $8 billion term loan has provided it with enough financial leeway to hold onto a bigger portion of the company, sources say.
KDDI terminates 3G ahead of wider scrapping of service in Japan
SoftBank Corp. will terminate its 3G services in late January 2024, while NTT Docomo Inc. will follow its peers at the end of March 2026.
SoftBank is seeking at least $60 billion in Arm IPO
Valuing Arm at more than $60 billion is a gambit for SoftBank CEO Masayoshi Son, who acquired the business in 2016 for about $32 billion.
GM buys SoftBank’s $2.1 billion stake in Cruise self-driving unit
The move ends the SoftBank Vision Fund 1’s involvement in the self-driving startup, giving the Detroit automaker 80% ownership.
