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SOFTBANK

Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo in October.
BUSINESS / Tech
Feb 17, 2024
Masayoshi Son aims to launch a $100 billion AI chip venture
The SoftBank Group founder is looking to create a chip venture to compete with Nvidia and supply semiconductors essential for AI.
Masayoshi Son, chairman and chief executive officer of SoftBank Group. One of SoftBank's primary objectives will be to harvest returns from its huge portfolio rather than priming unprofitable startups for growth.
BUSINESS / Companies
Feb 14, 2024
SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing
As other tech investors have heaped money into new artificial intelligence firms, Vision Fund has stayed out of the fray.
SoftBank Group shares surged for a third day in Tokyo on Tuesday.
BUSINESS / Tech
Feb 13, 2024
SoftBank shares climb again with Arm’s explosive AI rally
Arm Holdings has almost doubled in value since making the case last week for how it will benefit from the artificial intelligence boom.
SoftBank Group booked a profit for the December quarter after four straight quarters of losses.
BUSINESS / Companies
Feb 8, 2024
SoftBank swings to profit lifted by T-Mobile windfall
SoftBank recorded its first profit after four straight quarters of losses, backed by a rebound of the Vision Fund and gains from T-Mobile shares.
SoftBank CEO Masayoshi Son is a longtime investor in WeWork, sticking with the company throughout its many ups and downs.
BUSINESS / Companies
Feb 2, 2024
SoftBank swoops in to rescue WeWork Japan
The development comes just four months after the troubled coworking business — once valued at $47 billion — filed for bankruptcy in the U.S.
Alex Clavel, co-CEO at SoftBank Investment Advisers, won SoftBank Group CEO Masayoshi Son's trust as a steady hand managing and fixing SoftBank's complex or troubled transactions.
BUSINESS / Companies
Jan 12, 2024
Behind SoftBank’s investing cleanup, a U.S. dealmaker who survived the turmoil
Unassuming problem solver Alex Clavel is Masayoshi Son's top lieutenant leading the investment group's attempt at a turnaround.
SoftBank has agreed to buy a majority stake in Irish software developer Cubic Telecom for around €473 million.
BUSINESS / Companies
Dec 5, 2023
SoftBank buys majority stake in Irish car software developer
SoftBank will acquire 51% of Cubic Telecom, which provides a platform for automakers to update software functions in cars globally and in real time.
BUSINESS / Companies
Dec 5, 2023
Prospect of NTT Law abolishment unclear amid fierce opposition
The idea was first proposed by a ruling Liberal Democratic Party panel to make the communications giant internationally competitive.
Monday's disruptions, which began around 8:30 a.m., affected SoftBank's "Otoku Line" and "Otoku Hikari Denwa" services in parts of eastern Japan.
BUSINESS / Companies
Nov 20, 2023
SoftBank's fixed-line phone services disrupted again
Disruption in parts of eastern Japan followed 14-hour outage over the weekend.
People use smartphones on the street in Tokyo in January 2019.
BUSINESS / Companies / FOCUS
Nov 20, 2023
The NTT Law — a guard against monopoly, or barrier to innovation?
Some say the law regulating the telecom giant stops it from competing against the likes of Google, but others say it contains vital market protections.
SoftBank Group booked a ¥789 billion quarterly loss as it took a hit from the bankruptcy of WeWork.
BUSINESS / Companies
Nov 9, 2023
SoftBank books ¥789 billion quarterly loss
SoftBank's loss marks its fourth straight quarter in the red as the tech giant struggles amid a weak yen.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023
SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt
The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
A WeWork co-working space in New York
BUSINESS / Companies
Nov 5, 2023
WeWork's troubles darken outlook for embattled office market
Media reports suggest the New York-listed flexible workspace provider — once valued at $47 billion — may petition for bankruptcy next week.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023
SoftBank’s Arm faces Wall Street scrutiny after massive IPO
Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023
SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan
Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Wednesday.
BUSINESS / Companies
Oct 4, 2023
SoftBank’s Son tells Japan: Adopt AI or get left behind again
Japan, which largely missed the initial wave of growth from the internet, can’t afford to lose another three decades, SoftBank founder Masayoshi Son said.
SoftBank is targeting ¥120 billion in sales of the so-called bond-type class shares that will be listed on the Tokyo Stock Exchange.
BUSINESS / Companies
Sep 25, 2023
SoftBank to sell more than ¥120 billion of bond-type stock
The firm has tentatively offered a dividend rate from 2.5% to 3% for the first five years.
Arm executives gather outside the Nasdaq Market site, as the chip design firm held an initial public offering in New York on Thursday.
BUSINESS / Tech
Sep 16, 2023
SoftBank's Arm ends down, a day after $65 billion Nasdaq debut
Some strategists said trading volatility in the stock may be tied to the limited number of publicly traded shares.
Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023
Chip designer Arm soars 25% in IPO win for owner SoftBank
Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.

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