Tag - softbank

 
 

SOFTBANK

BUSINESS / Companies
Aug 25, 2017
SoftBank invests $4.4 billion in WeWork to expand coworking in Asia
WeWork Cos. on Thursday agreed to a $4.4 billion investment from SoftBank Group Corp. and its Vision Fund, part of an aggressive global expansion plan for the coworking startup.
BUSINESS / Companies
Aug 9, 2017
SoftBank may invest $1 billion in U.S. online sports store Fanatics
SoftBank Group Corp. is nearing a $1 billion (¥109 billion) investment in Fanatics Inc., an online retailer of licensed sports apparel, as it ramps up deal-making with its giant technology fund.
Japan Times
BUSINESS
Aug 8, 2017
Sprint's revived merger discussions with T-Mobile show urgent hunt for deal
Sprint Corp.'s resumed talks about a potential merger with T-Mobile US Inc., being held at the same time as discussions with cable companies, shows the lengths billionaire Masayoshi Son is taking to build scale for a wireless carrier facing increasing competition in the U.S.
Japan Times
BUSINESS / Companies
Aug 2, 2017
SoftBank Vision Fund reportedly may invest $2 billion in top Indian e-commerce operator Flipkart
SoftBank Vision Fund, the technology investor founded by Masayoshi Son, is in talks to invest directly in India's Flipkart Online Services Pvt. Ltd., according to people familiar with the matter, after talks to fold SoftBank-backed Snapdeal into Flipkart fell apart.
Japan Times
BUSINESS / Companies
Aug 2, 2017
Sprint near decision on possible merger with T-Mobile or Charter
Sprint Corp. Chief Executive Officer Marcelo Claure said Tuesday that a decision on possible mergers is close at hand, potentially setting a new course for a company that has slashed costs as it loses subscribers.
Japan Times
BUSINESS / Companies
Jul 31, 2017
SoftBank reportedly planning direct bid for U.S. firm Charter Communications
Masayoshi Son plans to use the SoftBank Group in a direct bid for Charter Communications after a proposal to merge it with his Sprint unit was rejected.
Japan Times
BUSINESS / Companies
Jul 12, 2017
Son's SoftBank Vision Fund lures Michael Ronen away From Goldman Sachs
Michael Ronen, Goldman Sachs Group Inc.'s co-chief operating officer of the global technology, media and telecommunications group, is leaving the firm to join Masayoshi Son's planned $100 billion SoftBank Vision Fund.
Japan Times
BUSINESS / Companies
Jul 11, 2017
WeWork reportedly to debut in Japan with 10 to 20 Tokyo workspaces
WeWork Cos, a co-working space startup backed by SoftBank Group Corp., is making its first foray into Japan with 10 to 20 locations in central Tokyo, a source said.
Japan Times
BUSINESS / Tech
Jun 9, 2017
SoftBank gains cutting-edge robotics with Boston Dynamics acquisition
The SoftBank Group invests in a robotic future by purchasing Boston Dynamics from Google parent Alphabet along with Japanese robot maker Schaft.
Japan Times
BUSINESS
Jun 9, 2017
Mongolia and China envision giant power grids to light up Asia
The lights of the high-end boutiques and bars of Tokyo's Ginza district may someday be powered by coal burned more than 1,700 miles away (2,700 km) in Mongolia, electricity zipping over ultra-high voltage lines across deserts and under seas.
Japan Times
BUSINESS / Companies
Jun 7, 2017
Uber rival Grab hunts for new deals with SoftBank funding
Grab, Uber Technologies Inc.'s fiercest rival in Southeast Asia, is hunting for deals with funding from its biggest backer SoftBank.
Japan Times
BUSINESS / Companies
May 24, 2017
SoftBank said to take $4 billion stake in U.S. chip-maker Nvidia
SoftBank Group has quietly amassed a $4 billion stake in Nvidia, making it the fourth-largest shareholder in the graphics chip-maker, according to people familiar with the situation.
Japan Times
BUSINESS / Companies
May 21, 2017
SoftBank secures first capital commitment for multibillion-dollar tech fund
SoftBank Group Corp. has secured the first capital commitment to a $100 billion fund organized with Saudi Arabia and Abu Dhabi that would eventually put its founder Masayoshi Son in charge of one of technology's biggest investment vehicles.
BUSINESS
May 10, 2017
SoftBank said close to finalizing $95 billion tech fund
SoftBank Group Corp. is close to announcing commitments of as much as $95 billion (¥10.8 trillion) for its technology fund, people familiar with the matter said.
BUSINESS / Companies
Mar 21, 2017
SoftBank invests $300 million in WeWork: source
SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based co-working giant at more than $17 billion.
Japan Times
BUSINESS / Companies
Mar 9, 2017
SoftBank to sell 25% stake in Arm to Vision Fund, sources say
SoftBank Group Corp. plans to sell a 25 percent stake in ARM Holdings PLC to a technology fund it is creating with Saudi Arabia after lead investors expressed a desire to include the chip-maker in their portfolio, according to people familiar with the matter.
Japan Times
BUSINESS / Tech
Mar 2, 2017
SoftBank Robotics plans app store for humanoid Pepper robot
The team behind Pepper, the humanoid robot from SoftBank Robotics, are planning a platform for the machine where developers create applications for everyday use, such as guarding your home or vacuuming the floor.
BUSINESS
Mar 2, 2017
SEC freezes assets in SoftBank-Fortress insider-trading probe
The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover Fortress Investment Group by Japan's SoftBank Group Corp.
Japan Times
BUSINESS / Companies
Feb 15, 2017
SoftBank to buy Fortress Investment Group for $3.3 billion
SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC for $3.3 billion in cash to operate alongside the company's soon-to-be-established technology investment fund.
Japan Times
BUSINESS / Companies
Jan 11, 2017
SoftBank's Son cedes to Murdoch as top India home, property portals merge
Indian real estate websites PropTiger.com and Housing.com are merging to create the country's top portal for residential listings and property services, as Rupert Murdoch's News Corp. boosts its investment in the growing sector while Masayoshi Son's SoftBank Group Corp. scales back.

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