Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS / Companies
Oct 15, 2019
WeWork prefers JPMorgan financing lifeline to rescue by SoftBank
WeWork's bankers are pitching investors on what would be one of the riskiest junk-debt offerings in recent years, and potentially giving the venture's top private shareholders a final chance to avoid having their stakes severely diluted.
Japan Times
BUSINESS / Companies
Oct 14, 2019
WeWork said to be eyeing bailout that will hand control to SoftBank
In one of two main options to rescue the once high-flying startup, WeWork is considering a bailout that will hand control of the co-working giant to SoftBank Group Corp.
Japan Times
BUSINESS / Companies
Oct 8, 2019
SoftBank's damage from Uber and WeWork could exceed $5 billion
Masayoshi Son's startups have had a rough few months, from a botched initial public offering by WeWork to a sharp decline in shares of Uber Technologies Inc.
Japan Times
BUSINESS / Companies
Oct 2, 2019
WeWork names new head of Japan operations after management purge
WeWork named a new head of its Japanese operations, replacing a company veteran with close ties to former Chief Executive Officer Adam Neumann.
Japan Times
BUSINESS / Companies
Oct 2, 2019
SoftBank debtholders hope for more caution after WeWork woes
Many bond market participants still think SoftBank is a relatively safe bet, but a bumpy few weeks for the corporate investor has prompted some to pine for a bit more caution.
Japan Times
BUSINESS / Companies
Oct 1, 2019
SoftBank has a lesson for startups with WeWork coup: Your dreams had better be profitable
Masayoshi Son, long known as a free-spending benefactor who encouraged startup founders to pursue their dreams even if it meant losing billions of dollars, had a different message for entrepreneurs last month: Your dreams had better be profitable.
Japan Times
BUSINESS / Companies
Oct 1, 2019
KDDI picks Nokia and Ericsson as 5G equipment providers, excluding China's Huawei
Carrier KDDI Corp. has selected Nokia Corp. of Finland and Sweden's Ericsson to be equipment providers for its new fifth-generation, or 5G, high-speed network, the two northern European companies announced.
Japan Times
BUSINESS
Oct 1, 2019
WeWork throws in the towel on its ill-fated IPO
WeWork's parent, The We Co., said Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer.
Japan Times
BUSINESS / Companies
Sep 30, 2019
SoftBank plans to name former Sprint boss to help fix WeWork
SoftBank Group Corp. is tapping Marcelo Claure to help turn around WeWork after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office last week.
Japan Times
BUSINESS / Companies
Sep 28, 2019
SoftBank plans to pull in former Sprint boss Marcelo Claure to help fix WeWork's problems
SoftBank Group Corp. is tapping Marcelo Claure to help turn around WeWork, after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office last week.
BUSINESS
Sep 25, 2019
Bain taking bids for Japanese hot spring operator Oedo Onsen Monogatari
Bain Capital is collecting bids for Oedo Onsen Monogatari, operator of about 40 hot spring inns and resorts across Japan, with first-round proposals submitted by investment funds and SoftBank Group Corp., sources have said.
Japan Times
BUSINESS / Companies
Sep 23, 2019
SoftBank reportedly turns against WeWork's parent CEO, Adam Neumann
SoftBank Group, the biggest investor in WeWork owner We Co., is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing startup, according to four sources.
Japan Times
BUSINESS / Companies
Sep 17, 2019
SoftBank's biggest backers rethink role in next Vision Fund after bet on WeWork sours
The biggest backers of SoftBank Group Corp.'s gargantuan Vision Fund are reconsidering how much to commit to its next investment vehicle as an oversized bet on flexible workspace provider WeWork sours.
Japan Times
BUSINESS / Companies
Sep 12, 2019
Yahoo Japan clinches deal for majority stake in Zozo
The company offered u00a52,620 per share, a 21 percent premium on Zozo's closing price, sending its shares soaring Thursday.
Japan Times
BUSINESS / Companies
Sep 12, 2019
Gone in 146 seconds: Japan's investors race to buy SoftBank bonds
Monex Group Inc.'s online brokerage sold out ¥500 million ($4.6 million) of SoftBank Group Corp. bonds to individual Japanese investors in less than three minutes earlier this week, a sign of strong demand for the conglomerate's debt despite skepticism about some of the company's recent investments....
Japan Times
BUSINESS / Companies
Sep 12, 2019
Japan's mobile phone carriers to launch new iPhones on Sept. 20
Japan's three major mobile phone carriers are set to release the latest models of Apple Inc.'s popular iPhone series on Sept. 20.
Japan Times
BUSINESS / Companies
Sep 10, 2019
SoftBank is pushing WeWork to postpone its contentious IPO
Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public offering of the money-losing co-working company, according to sources with knowledge of the talks.
BUSINESS / Tech
Aug 21, 2019
NTT Docomo reopens reservations for Huawei smartphones
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.
Japan Times
BUSINESS / Companies
Aug 16, 2019
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.
Japan Times
BUSINESS
Aug 15, 2019
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.

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