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SOFTBANK

Japan Times
BUSINESS / Companies
Mar 26, 2018
Uber agrees to sell Southeast Asia business to Grab after costly battle
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.
BUSINESS
Mar 26, 2018
Uber to sell Southeast Asia business to rival Grab: source
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company's second retreat from Asia.
BUSINESS / Companies
Feb 28, 2018
SoftBank thinks tech investors should enjoy its deal spree
The venture capital community has been fretting about the impact SoftBank Group Corp.'s giant tech fund has on deal prices. The Japanese company says to be grateful.
Japan Times
BUSINESS / Companies
Feb 7, 2018
SoftBank chief Masayoshi Son eyes telecoms IPO within 2018
SoftBank Group Corp. said Wednesday that it wants to list its Japanese telecoms unit this year, a move toward completing its transformation from a domestic telecoms upstart into one of the world's biggest technology investors.
Japan Times
BUSINESS / Companies
Feb 7, 2018
Masayoshi Son plans measures to reduce discount on SoftBank stock
SoftBank Group Corp.'s Masayoshi Son became technology's biggest investor over the past year, taking major stakes in ride-hailing, e-commerce and semiconductors. But he doesn't get much credit for his investment acumen.
Japan Times
BUSINESS / Companies
Feb 1, 2018
Uber plots expansion in Japan and Singapore amid talk of retreat from Asia
If Uber Technologies Inc. is planning a retreat from Asia, no one told Brooks Entwistle, head of the ride-hailing company's business in the region.
BUSINESS / Companies
Jan 22, 2018
SoftBank reportedly ready to invest $400 million in health care portal run by Chinese firm Ping An Insurance
SoftBank Group Corp. is nearing a deal to invest about $400 million in a health care portal run by Ping An Insurance (Group) Co. ahead of the Chinese company's initial public offering, according to sources with knowledge of the matter.
Japan Times
BUSINESS
Jan 19, 2018
SoftBank-led group completes acquisition of Uber stock worth $9.3 billion
The completion of SoftBank Group Corp.'s deal with Uber Technologies Inc. has triggered a slate of governance reforms at the ride-hailing company.
Japan Times
BUSINESS / Companies
Dec 29, 2017
SoftBank succeeds in tender offer for huge stake in Uber, securing shares at 30% discount on recent valuations
A consortium led by SoftBank Group Corp. will buy a large number of shares in Uber Technologies Inc. in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi.
BUSINESS / Tech
Dec 20, 2017
SoftBank leads $120 million funding in financial technology startup Lemonade
SoftBank Group Corp. is betting that technology can overhaul the home insurance industry by leading a $120 million (about ¥13.6 billion) round in Lemonade Inc.
Japan Times
BUSINESS / Companies
Dec 14, 2017
Rakuten announces foray into saturated Japanese cellphone market
The e-commerce giant aims to become nation's fourth mobile carrier, in a move that threatens to disrupt the cellular phone market oligopoly.
Japan Times
BUSINESS / Companies
Dec 11, 2017
SoftBank's Son remains confident over Saudi investment in Vision Fund amid crackdown
Billionaire Masayoshi Son may be getting closer to achieving his dream of making SoftBank Group Corp. the world's biggest investor in technologies, thanks in part to the main patron of Son's $100 billion (¥11.3 trillion) investment plan — Saudi Arabia's Crown Prince Mohammed bin Salman.
Japan Times
BUSINESS / Companies
Nov 25, 2017
Uber to disclose pricing details on SoftBank investment early next week: sources
Uber will soon disclose its share-pricing details for Softbank's plan to invest heavily in the ride-hailing enterprise.
Japan Times
BUSINESS
Nov 24, 2017
Uber told potential investor SoftBank about data breach before telling the public
Uber Technologies Inc. said Thursday that it discussed a massive data breach with potential investor SoftBank Group Corp. ahead of going public with details of the incident on Tuesday.
Japan Times
BUSINESS / Companies
Nov 23, 2017
Uber's messy data breach collides with launch of SoftBank deal
Uber, nearing a deal with SoftBank, says it paid hackers destroy data on more than 57 million users stolen from the company but not reported to victims or authorities.
Japan Times
BUSINESS / Companies
Nov 16, 2017
SoftBank seen planning up to $25 billion in Saudi investments, including at new city Neom
SoftBank Group Corp. plans to invest as much as $25 billion in Saudi Arabia over the next three to four years deepening investment ties with the kingdom, according to reports.
Japan Times
BUSINESS
Nov 13, 2017
Uber board truce paves way for SoftBank investment that could be worth $10 billion
Uber Technologies' warring board members have struck a peace deal which allows a multibillion-dollar investment by SoftBank to proceed, resolving a legal battle between former Chief Executive Travis Kalanick and a prominent shareholder.
Japan Times
BUSINESS / Companies
Oct 31, 2017
SoftBank's talks to merge Sprint and T-Mobile hit major problem
SoftBank Group Corp.'s talks to merge U.S. unit Sprint Corp. with T-Mobile US Inc. have hit a serious snag, according to sources familiar with the matter, throwing the deal into jeopardy after months of talks.
Japan Times
BUSINESS / Tech
Oct 11, 2017
SoftBank leads $93 million investment in AI startup Petuum
SoftBank Group Corp. is leading a $93 million (about ¥10.4 billion) investment in a startup that simplifies for companies the use of machine learning or deep learning applications at scale.
Japan Times
BUSINESS / Companies
Sep 22, 2017
WeWork Japan set to debut in February with three central Tokyo locations
WeWork Cos., a co-working space startup backed by SoftBank Group Corp., is making its debut in Japan with three locations in downtown Tokyo starting February.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Heatstroke alert issued for 19 prefectures as Japan enters 'once-in-a-decade' heat wave
Japan will experience a heat wave through mid-July on a “level only seen once in a decade,” the Meteorological Agency said on June 30.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
Tokyo and Kyoto feature among top ‘noctourism’ destinations
Tokyo ranked second after New York and ahead of Dubai and Singapore in a ranking of the top global cities for nighttime tourism.
Global matcha 'obsession' drinks Japan's tea farms dry
Matcha is added to beverages on offer at Kettl Tea in the Los Feliz neighborhood of Los Angeles on May 20.
Ainu land rights in crosshairs as Hokkaido communities debate nuclear waste
A street in Suttsu, Hokkaido, with a sign put up by an anti-nuclear organization. The small community is considering hosting a facility that would hold nuclear waste.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.

Podcast

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Longform

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What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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