SoftBank to make Yahoo Japan a subsidiary, lifting expected sales and profits
Telecommunications carrier SoftBank Corp. said Wednesday it will make Yahoo Japan Corp. a consolidated subsidiary. The share acquisition will help SoftBank log record consolidated sales and operating profit in the year ending in March 2020. At present, Yahoo Japan is under the wing of SoftBank ...
GM autonomous vehicle unit to receive $1.15 billion investment from Honda and others
GM Cruise Holdings LLC, a self-driving car unit of U.S. auto giant General Motors Co., said Tuesday it will receive a $1.15 billion (¥126 billion) investment from a group of existing investors, including Honda Motor Co. The parent company of the GM unit and SoftBank ...
SoftBank said to be considering IPO for $100 billion Vision Fund
If pursued, an IPO would give investors in the fund a way to cash out part or all of their stakes.
SoftBank and Google parent tie up on flying 5G stations for phone services using balloons and drones
Mobile phone carrier SoftBank Corp. and Google LLC parent Alphabet Inc. said Thursday they will jointly set up airborne mobile phone base stations, using balloons and aircraft in the stratosphere, to cover wider areas for next-generation 5G wireless services. SoftBank's year-old HAPSMobile and Alphabet's Loon, ...
SoftBank's Masayoshi Son lost $130 million in bad bet on bitcoin, report says
SoftBank founder Masayoshi Son made a huge personal bet on bitcoin just as prices peaked, losing more than $130 million, the Wall Street Journal reported.
Often, it's the little things that count
These small gadgets have the big jobs of controlling home appliances, keeping kids safe and printing on virtually anything.
SoftBank, Toyota and Denso invest $1 billion to pump up Uber's self-driving unit ahead of IPO
The bet by the three-way Japanese consortium gives Advanced Technologies Group a valuation of $7.25 billion on the eve of its public offering.
'Shooting for big game': Softbank's push for transport dominance
SoftBank Group Corp. leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc. turn into more than $13 billion when the company goes public next month. The Japanese entrepreneur is placing a $60 billion bet in more ...
Japan's Docomo, KDDI, SoftBank and Rakuten get mobile phone 5G bands ahead of 2020 launch
The telecom ministry allocated Wednesday 5G frequency bands to Rakuten and three mobile carriers that will enable users to send and receive data 100 times faster than 4G.
KDDI set to launch smartphone payment service, joining rivals SoftBank and Docomo
The au Pay service will utilize QR codes and loyalty points, and be available through its electronic money app, which is reloadable via bank accounts or other sources.
SoftBank to seek $15 billion more for huge Saudi-backed Vision Fund
For SoftBank Group Corp., $100 billion (¥11 trillion) isn't enough. The conglomerate, which has reshaped the technology startup landscape with its Saudi-backed Vision Fund, is in talks with investors to add as much as $15 billion more to its already massive fund, according to ...
