Tag - softbank

 
 

SOFTBANK

BUSINESS / Companies
Jun 6, 2018
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.
Japan Times
BUSINESS / Companies / ANALYSIS
May 19, 2018
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.
Japan Times
BUSINESS / Companies
May 9, 2018
Big spender SoftBank posts record profit
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.
Japan Times
BUSINESS / Companies
May 3, 2018
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.
BUSINESS
Apr 30, 2018
T-Mobile, Sprint say merger would help U.S. beat China in 5G race
T-Mobile US Inc. and Sprint Corp. said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating a next-generation mobile network.
Japan Times
BUSINESS
Apr 11, 2018
Sprint and T-Mobile said to be back in merger talks
Sprint Corp. and T-Mobile US Inc. have restarted talks about a potential deal, according to people familiar with the matter, five months after efforts to combine two of the biggest U.S. wireless providers fell apart.
BUSINESS / Companies
Apr 9, 2018
SoftBank uses Alibaba stake as collateral for banks to put together $8 billion margin loan, sources say
SoftBank Group Corp. has used its stake in online retailer Alibaba Group Holding Ltd. as collateral for an $8 billion loan from a group of banks in what is one of the biggest deals of its kind, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Apr 6, 2018
Rakuten Inc. gets approval to become nation's fourth major wireless carrier
E-commerce giant granted access to a fierce competition for subscribers alongside industry heavyweights who have long dominated the cellular market.
Japan Times
COMMENTARY / Japan
Apr 2, 2018
Softbank's Masayoshi Son may be about to surprise us anew
Corporate Japan could do with more of Masayoshi Son's 'swing for the fences' approach to business.
Japan Times
JAPAN
Mar 30, 2018
Robots making inroads in Japan's elder care facilities, but costs still high
Paro the furry seal cries softly while an elderly woman pets it. Pepper, a humanoid, waves while leading a seniors' exercise group. The upright Tree guides a disabled man taking shaky steps, saying in a gentle feminine voice, "right, left, well done!"
Japan Times
BUSINESS
Mar 28, 2018
SoftBank Vision Fund and Saudi Arabia to create world's largest solar power firm
SoftBank Group Corp.'s Vision Fund will invest in a solar-power generation company in Saudi Arabia, creating the world's biggest solar producer, as it steps up its involvement in the kingdom, its chief executive said Tuesday.
Japan Times
BUSINESS / Companies
Mar 26, 2018
Uber agrees to sell Southeast Asia business to Grab after costly battle
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.
BUSINESS
Mar 26, 2018
Uber to sell Southeast Asia business to rival Grab: source
Ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company's second retreat from Asia.
BUSINESS / Companies
Feb 28, 2018
SoftBank thinks tech investors should enjoy its deal spree
The venture capital community has been fretting about the impact SoftBank Group Corp.'s giant tech fund has on deal prices. The Japanese company says to be grateful.
Japan Times
BUSINESS / Companies
Feb 7, 2018
SoftBank chief Masayoshi Son eyes telecoms IPO within 2018
SoftBank Group Corp. said Wednesday that it wants to list its Japanese telecoms unit this year, a move toward completing its transformation from a domestic telecoms upstart into one of the world's biggest technology investors.
Japan Times
BUSINESS / Companies
Feb 7, 2018
Masayoshi Son plans measures to reduce discount on SoftBank stock
SoftBank Group Corp.'s Masayoshi Son became technology's biggest investor over the past year, taking major stakes in ride-hailing, e-commerce and semiconductors. But he doesn't get much credit for his investment acumen.
Japan Times
BUSINESS / Companies
Feb 1, 2018
Uber plots expansion in Japan and Singapore amid talk of retreat from Asia
If Uber Technologies Inc. is planning a retreat from Asia, no one told Brooks Entwistle, head of the ride-hailing company's business in the region.
BUSINESS / Companies
Jan 22, 2018
SoftBank reportedly ready to invest $400 million in health care portal run by Chinese firm Ping An Insurance
SoftBank Group Corp. is nearing a deal to invest about $400 million in a health care portal run by Ping An Insurance (Group) Co. ahead of the Chinese company's initial public offering, according to sources with knowledge of the matter.
Japan Times
BUSINESS
Jan 19, 2018
SoftBank-led group completes acquisition of Uber stock worth $9.3 billion
The completion of SoftBank Group Corp.'s deal with Uber Technologies Inc. has triggered a slate of governance reforms at the ride-hailing company.
Japan Times
BUSINESS / Companies
Dec 29, 2017
SoftBank succeeds in tender offer for huge stake in Uber, securing shares at 30% discount on recent valuations
A consortium led by SoftBank Group Corp. will buy a large number of shares in Uber Technologies Inc. in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi.

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