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SOFTBANK

Japan Times
BUSINESS / Companies
Nov 29, 2018
SoftBank's ¥2.4 trillion IPO reaches retail sales target
SoftBank Group Corp.'s ¥2.4 trillion ($21 billion) initial public offering for its Japanese telecommunications unit has successfully secured sales for the bulk of its shares to individual investors, sources have said.
Japan Times
BUSINESS
Nov 22, 2018
SoftBank to invest $2 billion in Coupang, S. Korea's largest online retailer
SoftBank Group Corp.'s Vision Fund will invest $2 billion in South Korea's Coupang, giving the e-commerce giant funds to accelerate development of new shopping and delivery services.
Japan Times
BUSINESS / Companies
Nov 19, 2018
SoftBank's new robot Whiz skips the chit chat, gets to work mopping office floors
SoftBank Group Corp. is introducing a new robot that, unlike the talkative Pepper, skips the chit chat and just mops the floor.
Japan Times
BUSINESS / Companies
Nov 14, 2018
SoftBank commits another $3 billion to WeWork
SoftBank Group Corp. is continuing to push money into one of its biggest investments: WeWork Cos.
Japan Times
BUSINESS / Companies
Nov 12, 2018
SoftBank unveils ¥2.4 trillion IPO for Japan mobile telecom business
SoftBank Group Corp. is seeking to raise ¥2.4 trillion in the initial public offering of its domestic telecommunications operations scheduled for Dec. 19.
EDITORIALS
Nov 8, 2018
Make real cuts to cellphone charges
The carriers need to continue their efforts to improve their services while reducing the charges for consumers through more efficient operation and use of their resources.
Japan Times
BUSINESS / Companies
Nov 7, 2018
SoftBank IPO seeks $18 billion from retail investors
SoftBank Group Corp. is seeking to raise a record ¥2 trillion ($18 billion) from Japanese individuals in the initial public offering of its mobile phone unit, targeting investors who often get no interest on their savings, sources have said.
Japan Times
WORLD
Oct 25, 2018
SoftBank's Masayoshi Son met Saudi Crown Prince Mohammed bin Salman in Riyadh: sources
SoftBank Group Corp. CEO Masayoshi Son met with Saudi Crown Prince Mohammed bin Salman in Riyadh on Monday, according to two people familiar with the matter, even as the kingdom faces heightened scrutiny following the murder of journalist Jamal Khashoggi.
Japan Times
BUSINESS / Companies
Oct 23, 2018
SoftBank CEO Masayoshi Son won't speak at Saudi investment conference: source
SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters.
Japan Times
BUSINESS / Companies
Oct 16, 2018
Amid Japan's changing work-style landscape, office space provider WeWork grows at a dizzying pace
The seven-story tower with a glass exterior near Tokyo's trendy Omotesando district serves not just as a co-working space with computers and free Wi-Fi. There is also a pantry, a bar counter and a spacious lounge where you can drink freshly roasted coffee and beer on tap free of charge. There is even...
Japan Times
BUSINESS / Companies
Oct 10, 2018
SoftBank considering purchase of majority stake in WeWork: source
The co-working startup is raising additional capital to accelerate its expansion, according to a source, in a deal that could total $15 billion to $20 billion.
Japan Times
BUSINESS / Companies
Oct 4, 2018
Toyota and SoftBank to integrate mobility and AI in new venture
The two industry titans said they are setting up a new joint venture to develop autonomous driving technologies and other on-demand services.
Japan Times
BUSINESS / Companies
Oct 1, 2018
SoftBank bets $400 million on housing market startup Opendoor
Opendoor, which has already raised billions to buy homes over the internet, just landed another large investor: the SoftBank Vision Fund.
Japan Times
BUSINESS
Sep 29, 2018
Parent-subsidiary listings under closer scrutiny of Japanese investors
Companies listed on stock exchanges along with their subsidiaries have come under closer scrutiny by investors due to continuing concerns over corporate governance.
Japan Times
BUSINESS
Sep 12, 2018
Going against a global trend, Japan lags on boardroom diversity: study
The "old boys club" in the boardroom is alive and well — and most prevalent among the biggest Japanese and Chinese companies.
Japan Times
BUSINESS / Companies
Sep 11, 2018
Altaba looks to raise $4.3 billion by selling remainder of its Yahoo Japan stake
Altaba Inc., the holding company formed from the overseas investments not purchased by Verizon Communications Inc. in its acquisition of Yahoo Inc., will raise about $4.34 billion by selling its entire stake in Yahoo Japan Corp.
Japan Times
BUSINESS / Companies
Aug 27, 2018
Rakuten details carrier plan to reposition against Amazon and SoftBank
E-commerce giant Rakuten Inc. is offering a glimpse into its ambitious plan to build a cutting-edge wireless network to take on Masayoshi Son's SoftBank Group Corp., stay in the lead in mobile payments and win back market share from Amazon.com Inc.
Japan Times
BUSINESS
Aug 23, 2018
What would a 40% cut to phone bills mean for Japan's mobile carriers?
Japan's mobile carriers have come under government scrutiny for high phone bills that have helped bring years of enviable profit margins and given them a combined market value of more than $250 billion.
BUSINESS
Aug 21, 2018
Mobile phone operators take ¥1 trillion blow after Suga says bills could be cut 40%
Wireless carriers tumbled in Tokyo after the government's spokesman said they have room to cut phone bills by about 40 percent, sparking concern that lawmakers will renew a push for greater competition in a sector dominated by three big players.
Japan Times
BUSINESS / Economy
Aug 13, 2018
SoftBank to skip Tesla deal as it focuses on other auto bets: sources
Speculation about who may or may not finance Tesla Inc. CEO Elon Musk's audacious plan to take the carmaker private is distracting deal-makers from a normally quiet August spent in the Hamptons or southern France.

Longform

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