Amazon and Microsoft are putting world at risk with killer AI, study says
Amazon, Microsoft and Intel are among leading tech companies putting the world at risk through killer robot development, according to a report that surveyed major players from the sector about their stance on lethal autonomous weapons. Dutch NGO Pax ranked 50 companies by three criteria: ...
Mobile phone carrier NTT Docomo Inc. on Wednesday restarted accepting orders for a new smartphone model made by Chinese telecommunications equipment maker Huawei Technologies Co. Docomo had previously started accepting orders for new smartphone model the P30 Pro HW-02L in May but later suspended the ...
In high-tech Japan, cash remains king, defying mobile payments
Once a pioneer in technologies for cashless transactions, Japan is now lagging the world's biggest economies in the embrace of electronic payments because most of the population still prefers physical money. Four out of five purchases are still made with cash in Japan, despite its ...
SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 billion bid
Hotel chain Unizo Holdings said Friday it has received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group investment firm, in a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co. U.S.-based Fortress ...
SoftBank's massive Vision Fund bets on Swiss startup that's using concrete blocks as batteries
SoftBank Group Corp.'s massive Vision Fund is making its first-ever energy storage bet — and it's on a rather unconventional type of battery. The fund is investing $110 million in Energy Vault, a Swiss startup that's using cranes and concrete to store energy. An electric ...
Lacking in-house role models, Japanese women in management have to look elsewhere for advice
In Japan's largely male-dominated industries, women who have been promoted to managerial posts are increasingly seeking job advice from external female mentors because of a lack of in-house role models. Momoko Kubota, a 33-year-old section chief in a sales department at SoftBank Corp., is one. ...
SoftBank Group's quarterly profit jumps to ¥1.12 trillion, the highest recorded for a Japanese firm
SoftBank Group Corp. said Wednesday its group net profit in the April-June period jumped more than threefold to a record ¥1.12 trillion ($10.6 billion) from a year earlier — marking the best quarter for a Japanese firm since 2004 — boosted by a special ...
Major mobile phone carriers NTT Docomo Inc. and KDDI Corp. saw their consolidated net profits drop in April-June while rival SoftBank Corp.'s net profit rose in the fiscal first quarter. Docomo's net profit fell 11.9 percent from a year before to ¥192.3 billion, squeezed by ...
Mobile phone carriers KDDI Corp. and SoftBank Corp. has said that they will sell a new smartphone model made by Chinese telecommunications equipment maker Huawei Technologies Co. The move, announced Monday, ends months of delays in the product's release by major Japanese mobile operators who ...
DiDi Mobility Japan Corp. began offering its taxi-hailing service, used via smartphones, in Aichi Prefecture on Wednesday. Aichi is the ninth area in Japan where the service, offered by the Tokyo-based joint venture between SoftBank Corp. and Chinese ride-hailing giant DiDi Chuxing, is available. The ...
SoftBank and ride hailing app Grab investing $2 billion in Indonesia
SoftBank and Southeast Asian ride hailing app Grab say they're investing $2 billion in Indonesia over the next five years. Grab made the announcement after a meeting Monday between Indonesian President Joko Widodo and executives from Grab and its major investor, SoftBank. Grab is using money ...
