SoftBank winding down options trading after investor backlash
SoftBank shareholders balked after SoftBank’s foray into derivatives trading was first disclosed in September, cutting the company’s market value by as much as $17 billion.
‘Selling dog as mutton’: Mobile carriers dip on minister’s rebuke
Shares in some of the country’s largest mobile phone carriers dropped in Tokyo after the communications minister accused the companies of deploying a bait-and-switch tactic in cutting the costs of mobile phone plans. Reducing the nation’s hefty mobile phone bills has been a priority for ...
Japan telecom firms challenge $40 billion NTT Docomo takeover bid
In a letter to the communications ministry, 28 firms said the move "will prevent fair competition in the telecoms market and user benefit created through competition could be lost."
Masayoshi Son’s personal stake in SoftBank trading unit draws fire
Analysts and fund managers have pointed to the structure as a corporate governance concern.
SoftBank hits 20-year high as investors embrace defensive stance
The Tokyo-based company’s stock gained more than 3% to ¥7,244, the highest level since March of 2000 in the midst of the dot-com boom.
Japanese mobile carriers start taking preorders for the iPhone 12
The nation's three major mobile phone carriers on Friday started taking preorders for Apple Inc.'s first 5G-enabled iPhones ahead of their Oct. 23 release. "The era of 5G has come," KDDI Corp. President Makoto Takahashi told a news conference, referring to the ultrafast wireless network. KDDI ...
SoftBank’s Masayoshi Son reportedly brokering a Grab-Gojek truce
A key sticking point remains whether the two companies merge all operations or whether Grab acquires Gojek’s business only in Indonesia.
SoftBank to combine frenzy of SPACs with CEO’s eccentric vision
For Masayoshi Son, creating such a vehicle may give him a new way to invest in nascent companies while tapping the surging public markets for money.
