Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS
Jun 9, 2017
Mongolia and China envision giant power grids to light up Asia
The lights of the high-end boutiques and bars of Tokyo's Ginza district may someday be powered by coal burned more than 1,700 miles away (2,700 km) in Mongolia, electricity zipping over ultra-high voltage lines across deserts and under seas.
Japan Times
BUSINESS / Companies
Jun 7, 2017
Uber rival Grab hunts for new deals with SoftBank funding
Grab, Uber Technologies Inc.'s fiercest rival in Southeast Asia, is hunting for deals with funding from its biggest backer SoftBank.
Japan Times
BUSINESS / Companies
May 24, 2017
SoftBank said to take $4 billion stake in U.S. chip-maker Nvidia
SoftBank Group has quietly amassed a $4 billion stake in Nvidia, making it the fourth-largest shareholder in the graphics chip-maker, according to people familiar with the situation.
Japan Times
BUSINESS / Companies
May 21, 2017
SoftBank secures first capital commitment for multibillion-dollar tech fund
SoftBank Group Corp. has secured the first capital commitment to a $100 billion fund organized with Saudi Arabia and Abu Dhabi that would eventually put its founder Masayoshi Son in charge of one of technology's biggest investment vehicles.
BUSINESS
May 10, 2017
SoftBank said close to finalizing $95 billion tech fund
SoftBank Group Corp. is close to announcing commitments of as much as $95 billion (¥10.8 trillion) for its technology fund, people familiar with the matter said.
BUSINESS / Companies
Mar 21, 2017
SoftBank invests $300 million in WeWork: source
SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based co-working giant at more than $17 billion.
Japan Times
BUSINESS / Companies
Mar 9, 2017
SoftBank to sell 25% stake in Arm to Vision Fund, sources say
SoftBank Group Corp. plans to sell a 25 percent stake in ARM Holdings PLC to a technology fund it is creating with Saudi Arabia after lead investors expressed a desire to include the chip-maker in their portfolio, according to people familiar with the matter.
Japan Times
BUSINESS / Tech
Mar 2, 2017
SoftBank Robotics plans app store for humanoid Pepper robot
The team behind Pepper, the humanoid robot from SoftBank Robotics, are planning a platform for the machine where developers create applications for everyday use, such as guarding your home or vacuuming the floor.
BUSINESS
Mar 2, 2017
SEC freezes assets in SoftBank-Fortress insider-trading probe
The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover Fortress Investment Group by Japan's SoftBank Group Corp.
Japan Times
BUSINESS / Companies
Feb 15, 2017
SoftBank to buy Fortress Investment Group for $3.3 billion
SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC for $3.3 billion in cash to operate alongside the company's soon-to-be-established technology investment fund.
Japan Times
BUSINESS / Companies
Jan 11, 2017
SoftBank's Son cedes to Murdoch as top India home, property portals merge
Indian real estate websites PropTiger.com and Housing.com are merging to create the country's top portal for residential listings and property services, as Rupert Murdoch's News Corp. boosts its investment in the growing sector while Masayoshi Son's SoftBank Group Corp. scales back.
BUSINESS / Companies
Jan 6, 2017
SoftBank fund said to draw up to $15 billion from Abu Dhabi's Mubadala
Abu Dhabi's Mubadala Development Co. is considering committing $10 billion to $15 billion to partner with SoftBank Group Corp. and Saudi Arabia's Public Investment Fund in a new vehicle to invest in global technology, according to people familiar with the matter.
Japan Times
BUSINESS
Jan 5, 2017
Apple to invest $1 billion in SoftBank fund to support tech
Apple Inc. is planning to invest $1 billion (about ¥117 billion) in SoftBank Group Corp.'s giant new technology fund, adding its name to a growing list of interested parties and giving the iPhone maker a new avenue to tap up-and-coming technologies.
Japan Times
BUSINESS / Companies
Dec 20, 2016
On heels of talk with Trump, SoftBank announces investment expected to spur 3,000 jobs
SoftBank Group Corp. Chief Executive Officer Masayoshi Son told President-elect Donald Trump this month he would create 50,000 jobs in the United States. Money for the first 3,000 positions was announced on Monday.
Japan Times
LIFE / Digital / ON: TECH
Dec 17, 2016
Entertaining tech that you can slip into your pocket
The force can always be with you
Japan Times
COMMENTARY / Japan
Dec 9, 2016
Why SoftBank's Son is betting big on Trump
Pledge by Softbank CEO Masayoshi Son to invest $50 billion in the U.S. is savvy, but it's a big blow to Japan Inc.
Japan Times
BUSINESS / Companies
Dec 7, 2016
Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs
Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win.
Japan Times
BUSINESS / Companies
Dec 6, 2016
SoftBank's Son said to plan meeting with Trump in New York
SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was to meet with President-elect Donald Trump in New York on Tuesday, a person with direct knowledge of the matter said.
Japan Times
BUSINESS / Companies
Dec 3, 2016
$100 billion Saudi-tied tech fund 'oversubscribed,' Son says
SoftBank Group Corp. is close to tying up $100 billion for a technology fund that it announced with the government of Saudi Arabia, the company's founder and Chief Executive Officer Masayoshi Son has said.
Japan Times
BUSINESS / Companies
Nov 24, 2016
SoftBank's regional clean-energy ambitions find favor in Mongolia
SoftBank Group Corp. plans to build more wind projects in Mongolia as Chairman Masayoshi Son pushes to connect countries across Asia with transmission lines to supply cheap, clean energy.

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