Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS / Companies
Mar 19, 2022
GM buys SoftBank’s $2.1 billion stake in Cruise self-driving unit
The move ends the SoftBank Vision Fund 1's involvement in the self-driving startup, giving the Detroit automaker 80% ownership.
Japan Times
BUSINESS / Companies
Mar 16, 2022
SoftBank founder Masayoshi Son loses $25 billion in tech’s brutal winter
From China's tech crackdown to Russia's invasion of Ukraine, a litany of troubles has beset Son and his conglomerate.
Japan Times
BUSINESS / Companies
Mar 10, 2022
SoftBank unit plans NFT mall to grow global presence
Z Holdings, which makes the bulk of its revenue through mobile ads and spending, plans to expand by tapping a five-year budget of roughly u00a5500 billion for growth initiatives.
Japan Times
BUSINESS / Economy
Feb 21, 2022
SoftBank calls Credit Suisse subpoena a ‘fishing expedition’
The Tokyo-based holding company the subpoena prepared by the Swiss bank is nothing more than an attempt to deflect responsibility for the Greensill collapse.
Japan Times
BUSINESS / Companies
Feb 17, 2022
SoftBank seeks $8 billion margin loan as part of Arm IPO
The margin loan financing is one option under consideration as SoftBank lines up an advisory roster for what could be the year's biggest IPO.
Japan Times
BUSINESS / Companies / FOCUS
Feb 9, 2022
Chip-sector sentiment mixed as unpopular Nvidia deal to buy Arm from SoftBank collapses
While the industry is breathing a sigh of relief, the firms and their shareholders have been left with challenges the deal would have addressed.
Japan Times
BUSINESS / Companies / ANALYSIS
Feb 9, 2022
SoftBank's choice of New York for Arm listing deals a blow to London
The U.K.'s largest homegrown tech firm's move to Nasdaq could pressure the government to speed up overdue reforms.
Japan Times
BUSINESS / Companies
Feb 8, 2022
SoftBank's Arm plans IPO as sale to Nvidia collapses
The collapse of the sale of Arm is the latest challenge for Softbank founder Masayoshi Son, who has been buffeted by a downturn in the technology market.
Japan Times
BUSINESS
Feb 5, 2022
SoftBank calls Credit Suisse ‘desperate’ over Greensill spat
SoftBank Group Corp.'s Vision Fund accused Credit Suisse Group AG of shifting the blame over claims it was responsible for losses suffered from the collapse of Greensill Capital.
Japan Times
BUSINESS / Companies
Jan 28, 2022
Top SoftBank executive set to leave after seeking $1 billion in compensation
Marcelo Claure, who was SoftBank's second-highest paid executive in the latest financial year, has often pushed for much more money and authority, putting him at odds with Masayoshi Son.
Japan Times
BUSINESS
Jan 26, 2022
Nvidia quietly prepares to abandon $40 billion bid for SoftBank's Arm
The purchase — poised to become the biggest chip deal ever when it was announced in 2020 — has drawn a fierce backlash from regulators and the chip industry.
Japan Times
BUSINESS / Companies
Jan 24, 2022
SoftBank to expand Vision Fund team for more Japan investment
To date only two of Masayoshi Son's investments have been in domestic startups.
Japan Times
BASEBALL / Japanese Baseball
Jan 23, 2022
NPB home run king Wladimir Balentien announces retirement
The Curacao native rewrote the NPB record book in 2013 with 60 home runs to surpass the previous single-season mark of 55, originally set by Yomiuri Giants legend Sadaharu Oh in 1964.
Japan Times
BUSINESS / Companies
Jan 7, 2022
Record bond sale from SoftBank to test demand after risks surged
SoftBank has been the single-biggest issuer in the Japanese corporate bond market in the past decade, raising more than u00a56 trillion from investors.
Japan Times
BUSINESS / Tech
Dec 21, 2021
What happens when Instagram success meets a market meltdown
THG became a billion-dollar company through makeup and supplements that were wildly popular on social media. The good times didn't last.
Japan Times
MORE SPORTS
Dec 18, 2021
Japanese esports players hone skills with top South Korean team
Riki Sameshima said that compared with esports worldwide, he feels awareness of esports in Japan is still relatively limited.
Japan Times
BASEBALL / Japanese Baseball
Dec 17, 2021
Hawks' Yuki Yanagita becomes highest-paid position player in NPB history
The 33-year-old hit .300 with 28 homers and 80 RBIs in 141 games in 2021 and was also a member of Japan's gold-winning Olympic baseball team.
Japan Times
BUSINESS / Companies
Dec 8, 2021
SoftBank wants to sell a quarter of the $2.2 billion WeWork rescue debt
WeWork continues to be unprofitable, and the omicron variant of the coronavirus could further weigh on its future results.
Japan Times
BUSINESS / Companies
Dec 6, 2021
SoftBank slumps 9% after week of bad portfolio news
Shares fell to u00a55,057 — the biggest intraday drop since March 2020 and part of its worst annual decline since 2006.
Japan Times
BUSINESS
Dec 3, 2021
SoftBank poised to lose $74 billion payday if Arm deal is halted
The best alternative may be an IPO for the Arm business — but that is likely to value the company at far less than Nvidia's offer.

Longform

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