NEWSWORTHY
SoftBank phone unit makes preliminary application to list shares on Tokyo Stock Exchange
SoftBank Group Corp. said its mobile phone unit has submitted a preliminary application to list its shares on the Tokyo Stock Exchange in what is likely to be the largest initial public offering this year in Japan. The debut of SoftBank Corp. is expected to ...
SoftBank to buy ¥221 billion of Yahoo Japan shares from Altaba
Yahoo Japan Corp. is blunting the impact of a large stock sale by a big shareholder, buying back about ¥221 billion ($2 billion) worth of its shares in a complicated deal with SoftBank Group Corp. The deal was triggered by Altaba Inc., which warned in ...
SoftBank and Baidu units tie up to bring autonomous buses to Japan
A subsidiary of SoftBank Group Corp. and a Japan unit of China's internet search giant Baidu Inc. said Wednesday they have tied up to tap into the Japanese self-driving bus market. Under the agreement, 10 electric minibuses, called Apolong, developed by Baidu and China's Xiamen ...
Handy Japan ties up with SoftBank to provide free smartphones in hotel rooms
Handy Japan Co., a startup providing free-to-use smartphones docked in hotel rooms, announced on Monday a capital tie-up with SoftBank Corp. to boost its service for tourists with "internet of things" technologies. It was just about a year ago when the free handset service, which ...
Kai, the iconic white dog featured in TV commercials for mobile carrier SoftBank Corp., died of natural causes on Thursday. He was 16. Kai, a Hokkaido, endeared himself to living room audiences with his cute gestures in his role as the first-generation father in the ...
Japanese bond investors ponder a future SoftBank without Masayoshi Son
Masayoshi Son is fond of talking about his 300-year vision for SoftBank Group Corp., but some Japanese bond investors are already pondering an earlier event — what will the technology giant be like without its founder? Son, 60, hasn't named his successor at the company ...
Former No. 2 at SoftBank given deal worth $128 million to lead Palo Alto Networks
Nikesh Arora could become one of the highest-paid executives in the U.S. after being named to lead Palo Alto Networks Inc., which granted him a pay package worth about $128 million. Arora, 50, is entitled to equity awards worth as much as $126 million when ...
Google's Waymo adds 62,000 vehicles for autonomous taxi service
Google-owned Waymo is adding as many as 62,000 Fiat Chrysler minivans to its autonomous fleet in an expanded collaboration announced by the companies on Thursday. Delivery of the Chrysler Pacifica minivans was expected to begin later this year, with the automaker also exploring the potential ...
SoftBank chairman Masayoshi Son risks U.S. security shackles with T-Mobile
SoftBank Group Corp. Chairman Masayoshi Son has battled for years to merge T-Mobile U.S. Inc. with his Sprint Corp. Now that he finally has a deal, he risks having his hands tied by a secretive U.S. government panel. The merger between T-Mobile and Sprint would ...
SoftBank-owned Boston Dynamics prepares to unleash its dog-like robot
A robotics company owned by SoftBank Corp. and known for its widely shared videos of nimble, legged robots opening doors or walking through rough terrain is preparing to sell some after more than a quarter century of research. U.S.-based Boston Dynamics CEO Marc Raibert said ...
Buoyed by its investments in technology firms around the world, SoftBank Group Corp. has reported a record annual operating profit in line with analyst estimates. Profit for the year ended March rose to ¥1.3 trillion ($11.87 billion), from ¥1 trillion a year ago, SoftBank said. Steered ...
SoftBank names Sprint's Marcelo Claure COO after T-Mobile acquisition
SoftBank Group Corp. named Marcelo Claure chief operating officer, elevating Sprint Corp.'s top executive into a broader role after he negotiated a merger between the U.S. wireless operator and T-Mobile U.S. Inc. As part of the transition, Claure, 47, will become executive chairman at Sprint ...
