Tag - softbank

 
 

SOFTBANK

BUSINESS / Tech
Dec 20, 2017
SoftBank leads $120 million funding in financial technology startup Lemonade
SoftBank Group Corp. is betting that technology can overhaul the home insurance industry by leading a $120 million (about ¥13.6 billion) round in Lemonade Inc.
Japan Times
BUSINESS / Companies
Dec 14, 2017
Rakuten announces foray into saturated Japanese cellphone market
The e-commerce giant aims to become nation's fourth mobile carrier, in a move that threatens to disrupt the cellular phone market oligopoly.
Japan Times
BUSINESS / Companies
Dec 11, 2017
SoftBank's Son remains confident over Saudi investment in Vision Fund amid crackdown
Billionaire Masayoshi Son may be getting closer to achieving his dream of making SoftBank Group Corp. the world's biggest investor in technologies, thanks in part to the main patron of Son's $100 billion (¥11.3 trillion) investment plan — Saudi Arabia's Crown Prince Mohammed bin Salman.
Japan Times
BUSINESS / Companies
Nov 25, 2017
Uber to disclose pricing details on SoftBank investment early next week: sources
Uber will soon disclose its share-pricing details for Softbank's plan to invest heavily in the ride-hailing enterprise.
Japan Times
BUSINESS
Nov 24, 2017
Uber told potential investor SoftBank about data breach before telling the public
Uber Technologies Inc. said Thursday that it discussed a massive data breach with potential investor SoftBank Group Corp. ahead of going public with details of the incident on Tuesday.
Japan Times
BUSINESS / Companies
Nov 23, 2017
Uber's messy data breach collides with launch of SoftBank deal
Uber, nearing a deal with SoftBank, says it paid hackers destroy data on more than 57 million users stolen from the company but not reported to victims or authorities.
Japan Times
BUSINESS / Companies
Nov 16, 2017
SoftBank seen planning up to $25 billion in Saudi investments, including at new city Neom
SoftBank Group Corp. plans to invest as much as $25 billion in Saudi Arabia over the next three to four years deepening investment ties with the kingdom, according to reports.
Japan Times
BUSINESS
Nov 13, 2017
Uber board truce paves way for SoftBank investment that could be worth $10 billion
Uber Technologies' warring board members have struck a peace deal which allows a multibillion-dollar investment by SoftBank to proceed, resolving a legal battle between former Chief Executive Travis Kalanick and a prominent shareholder.
Japan Times
BUSINESS / Companies
Oct 31, 2017
SoftBank's talks to merge Sprint and T-Mobile hit major problem
SoftBank Group Corp.'s talks to merge U.S. unit Sprint Corp. with T-Mobile US Inc. have hit a serious snag, according to sources familiar with the matter, throwing the deal into jeopardy after months of talks.
Japan Times
BUSINESS / Tech
Oct 11, 2017
SoftBank leads $93 million investment in AI startup Petuum
SoftBank Group Corp. is leading a $93 million (about ¥10.4 billion) investment in a startup that simplifies for companies the use of machine learning or deep learning applications at scale.
Japan Times
BUSINESS / Companies
Sep 22, 2017
WeWork Japan set to debut in February with three central Tokyo locations
WeWork Cos., a co-working space startup backed by SoftBank Group Corp., is making its debut in Japan with three locations in downtown Tokyo starting February.
BUSINESS / Companies
Aug 25, 2017
SoftBank invests $4.4 billion in WeWork to expand coworking in Asia
WeWork Cos. on Thursday agreed to a $4.4 billion investment from SoftBank Group Corp. and its Vision Fund, part of an aggressive global expansion plan for the coworking startup.
BUSINESS / Companies
Aug 9, 2017
SoftBank may invest $1 billion in U.S. online sports store Fanatics
SoftBank Group Corp. is nearing a $1 billion (¥109 billion) investment in Fanatics Inc., an online retailer of licensed sports apparel, as it ramps up deal-making with its giant technology fund.
Japan Times
BUSINESS
Aug 8, 2017
Sprint's revived merger discussions with T-Mobile show urgent hunt for deal
Sprint Corp.'s resumed talks about a potential merger with T-Mobile US Inc., being held at the same time as discussions with cable companies, shows the lengths billionaire Masayoshi Son is taking to build scale for a wireless carrier facing increasing competition in the U.S.
Japan Times
BUSINESS / Companies
Aug 2, 2017
SoftBank Vision Fund reportedly may invest $2 billion in top Indian e-commerce operator Flipkart
SoftBank Vision Fund, the technology investor founded by Masayoshi Son, is in talks to invest directly in India's Flipkart Online Services Pvt. Ltd., according to people familiar with the matter, after talks to fold SoftBank-backed Snapdeal into Flipkart fell apart.
Japan Times
BUSINESS / Companies
Aug 2, 2017
Sprint near decision on possible merger with T-Mobile or Charter
Sprint Corp. Chief Executive Officer Marcelo Claure said Tuesday that a decision on possible mergers is close at hand, potentially setting a new course for a company that has slashed costs as it loses subscribers.
Japan Times
BUSINESS / Companies
Jul 31, 2017
SoftBank reportedly planning direct bid for U.S. firm Charter Communications
Masayoshi Son plans to use the SoftBank Group in a direct bid for Charter Communications after a proposal to merge it with his Sprint unit was rejected.
Japan Times
BUSINESS / Companies
Jul 12, 2017
Son's SoftBank Vision Fund lures Michael Ronen away From Goldman Sachs
Michael Ronen, Goldman Sachs Group Inc.'s co-chief operating officer of the global technology, media and telecommunications group, is leaving the firm to join Masayoshi Son's planned $100 billion SoftBank Vision Fund.
Japan Times
BUSINESS / Companies
Jul 11, 2017
WeWork reportedly to debut in Japan with 10 to 20 Tokyo workspaces
WeWork Cos, a co-working space startup backed by SoftBank Group Corp., is making its first foray into Japan with 10 to 20 locations in central Tokyo, a source said.
Japan Times
BUSINESS / Tech
Jun 9, 2017
SoftBank gains cutting-edge robotics with Boston Dynamics acquisition
The SoftBank Group invests in a robotic future by purchasing Boston Dynamics from Google parent Alphabet along with Japanese robot maker Schaft.

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