Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS / Companies
Nov 5, 2019
SoftBank to tighten governance standards for firms it invests in: report
Following related issues at WeWork, SoftBank Group Corp. will introduce new standards to tighten corporate governance at companies in which it invests, the Financial Times reported Monday.
Japan Times
BUSINESS / Companies
Oct 29, 2019
SoftBank's lame dog: Wag Labs sale talks may take bite out of valuation
Wag Labs Inc., one of SoftBank Group Corp.'s high-profile venture investments, is seeking to sell itself for a knock-down price after growth stalled, according to two people familiar with the situation.
Japan Times
BUSINESS / Companies
Oct 28, 2019
WeWork's path to turnaround challenged by tainted 'cool factor'
Co-working wasn't new when WeWork Cos. came along, but the office-sharing company made it cool, enticing millennials and entrepreneurs with amenities like hip furniture, beer on tap and puppy parties.
Japan Times
BUSINESS / Companies
Oct 26, 2019
SoftBank eyeing burgers and digital pharmacy for second Vision Fund
SoftBank Group Corp. is teeing up investments for the successor to its gargantuan Vision Fund. It's in talks to back a pharmaceutical delivery startup, a company focused on robotic burger-making and a maker of lab-grown meat, according to people with knowledge of the matter.
Japan Times
BUSINESS / Companies
Oct 25, 2019
Uber CEO Khosrowshahi vows to deliver a profit, with help from India
Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is vowing to make his company profitable while pursuing growth from emerging arenas such as India, addressing investors' concerns about the ride-sharing company's mounting losses and global regulatory challenges.
Japan Times
BUSINESS / Companies
Oct 23, 2019
WeWork accepts $9.5 billion rescue package, with SoftBank taking 80% stake
The SoftBank deal, which includes $5 billion in new financing and an acceleration of a $1.5 billion existing commitment, grants a reprieve to cash-strapped WeWork parent We Co.
Japan Times
BUSINESS / Companies
Oct 22, 2019
SoftBank seen seeking to take control of WeWork in bailout deal including $5 billion in debt financing
SoftBank Group Corp. is looking to take a controlling stake in WeWork, according to a person familiar with the matter. The deal is said to value the company at about $8 billion or less, said the person, who asked not to be identified discussing private deliberations.
Japan Times
BUSINESS / Companies
Oct 19, 2019
SoftBank eyes WeWork rescue valuation below $8 billion
SoftBank Group Corp. is assembling a rescue financing plan for WeWork that may value the office-sharing company below $8 billion, according to people familiar with the discussions.
Japan Times
BUSINESS
Oct 18, 2019
Google snubs WeWork and signs Toronto lease with co-working rival IWG
Google has walked away from a potential Toronto lease with WeWork after months of negotiations, agreeing to take space from rival co-working firm IWG PLC instead, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Oct 17, 2019
SoftBank plans $5 billion in rescue financing for WeWork
SoftBank Group Corp. is in discussions to provide WeWork with roughly $5 billion of rescue financing in an effort to salvage one of the conglomerate's biggest investments.
Japan Times
BUSINESS / Tech
Oct 15, 2019
CEATEC 2019 features driverless shuttle bus and avatar tech among exhibits
Organizers said this year's four-day event has brought together 787 exhibitors from a broad spectrum of sectors.
Japan Times
BUSINESS / Companies
Oct 15, 2019
WeWork prefers JPMorgan financing lifeline to rescue by SoftBank
WeWork's bankers are pitching investors on what would be one of the riskiest junk-debt offerings in recent years, and potentially giving the venture's top private shareholders a final chance to avoid having their stakes severely diluted.
Japan Times
BUSINESS / Companies
Oct 14, 2019
WeWork said to be eyeing bailout that will hand control to SoftBank
In one of two main options to rescue the once high-flying startup, WeWork is considering a bailout that will hand control of the co-working giant to SoftBank Group Corp.
Japan Times
BUSINESS / Companies
Oct 8, 2019
SoftBank's damage from Uber and WeWork could exceed $5 billion
Masayoshi Son's startups have had a rough few months, from a botched initial public offering by WeWork to a sharp decline in shares of Uber Technologies Inc.
Japan Times
BUSINESS / Companies
Oct 2, 2019
WeWork names new head of Japan operations after management purge
WeWork named a new head of its Japanese operations, replacing a company veteran with close ties to former Chief Executive Officer Adam Neumann.
Japan Times
BUSINESS / Companies
Oct 2, 2019
SoftBank debtholders hope for more caution after WeWork woes
Many bond market participants still think SoftBank is a relatively safe bet, but a bumpy few weeks for the corporate investor has prompted some to pine for a bit more caution.
Japan Times
BUSINESS / Companies
Oct 1, 2019
SoftBank has a lesson for startups with WeWork coup: Your dreams had better be profitable
Masayoshi Son, long known as a free-spending benefactor who encouraged startup founders to pursue their dreams even if it meant losing billions of dollars, had a different message for entrepreneurs last month: Your dreams had better be profitable.
Japan Times
BUSINESS / Companies
Oct 1, 2019
KDDI picks Nokia and Ericsson as 5G equipment providers, excluding China's Huawei
Carrier KDDI Corp. has selected Nokia Corp. of Finland and Sweden's Ericsson to be equipment providers for its new fifth-generation, or 5G, high-speed network, the two northern European companies announced.
Japan Times
BUSINESS
Oct 1, 2019
WeWork throws in the towel on its ill-fated IPO
WeWork's parent, The We Co., said Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer.
Japan Times
BUSINESS / Companies
Sep 30, 2019
SoftBank plans to name former Sprint boss to help fix WeWork
SoftBank Group Corp. is tapping Marcelo Claure to help turn around WeWork after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office last week.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight