Tag - startups

 
 

STARTUPS

Masayoshi Son, chairman and chief executive officer of SoftBank Group. One of SoftBank's primary objectives will be to harvest returns from its huge portfolio rather than priming unprofitable startups for growth.
BUSINESS / Companies
Feb 14, 2024
SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing
As other tech investors have heaped money into new artificial intelligence firms, Vision Fund has stayed out of the fray.
SoftBank Group booked a profit for the December quarter after four straight quarters of losses.
BUSINESS / Companies
Feb 8, 2024
SoftBank swings to profit lifted by T-Mobile windfall
SoftBank recorded its first profit after four straight quarters of losses, backed by a rebound of the Vision Fund and gains from T-Mobile shares.
Orienspace's Gravity-1 rocket blasts off from a sea-based platform off the coast of Haiyang, Shandong province, China, on Jan. 11.
BUSINESS / Companies
Feb 6, 2024
China startup aims to close gap with SpaceX on reusable rockets
Reusable rockets are transforming space access, as companies can reuse the most expensive parts of the device with little refurbishment.
Keisuke Honda is joining an inflow of investment in Japan’s long-neglected startup scene.
BUSINESS
Jan 20, 2024
Retired soccer star Honda sets up $100 million Japan startup fund
In a country where celebrities shy away from speaking about their money or investments, the former AC Milan midfielder faces little competition from other sports stars.
BUSINESS / Companies
Jan 17, 2024
Japanese flying bike startup A.L.I. Technologies files for bankruptcy
The Tokyo-based startup had aimed to play a key role in an expected “air mobility society.”
Alex Clavel, co-CEO at SoftBank Investment Advisers, won SoftBank Group CEO Masayoshi Son's trust as a steady hand managing and fixing SoftBank's complex or troubled transactions.
BUSINESS / Companies
Jan 12, 2024
Behind SoftBank’s investing cleanup, a U.S. dealmaker who survived the turmoil
Unassuming problem solver Alex Clavel is Masayoshi Son's top lieutenant leading the investment group's attempt at a turnaround.
Inspectors analyze saliva collected with test kits at SalivaTech.
JAPAN / Science & Health / Regional Voices: Tohoku
Jan 8, 2024
Tohoku startup offers way to detect cancer early using saliva
SalivaTech's SalivaChecker is a test kit that provides high-precision analysis of around 10 types of salivary metabolites.
A wafer is pictured at Semicon Taiwan in Taipei
BUSINESS / Companies
Dec 30, 2023
This startup shows it won't be easy to contain China's chip industry
The story of Seida illustrates the challenges the West faces in thwarting Chinese development of advanced microchip technology.
A designer at work at Vietnamese internet firm VNG in Ho Chi Minh City
BUSINESS / Tech
Dec 24, 2023
'Beyond our borders': Vietnam tech firm VNG takes on world best
Beyond gaming, VNG also dabbles in fintech and AI, with a mission to show the world what Vietnam and its engineers are capable of.
Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London.
BUSINESS / Companies
Dec 11, 2023
Fear of cheap Chinese EVs spurs dash for affordable cars
Legacy automakers are turning to suppliers to get their costs down and even steer clear of rare earths, a segment dominated by China.
BUSINESS / Companies
Dec 6, 2023
Satellite imagery startup iQPS surges 82% in Tokyo debut
The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
Workers collect recyclable garbage including plastic bottles on World Environment Day in Tokyo in June 2020.
COMMENTARY / Japan
Dec 6, 2023
New solutions tackle Japan’s waste problem at its core
Issues like the plastics and climate crises seem insurmountable — until we apply "systemic design," as several Japanese initiatives are showing.
The MP Materials rare earth open-pit mine in Mountain Pass, California, in January 2020. Western startups are focusing their attention on the process of refining rare earths — some of them pivoting from mining — that China has spent the past 30 years mastering.
BUSINESS / Companies
Dec 5, 2023
Western startups seek to break China's grip on rare earths refining
The companies are looking for faster, cleaner and cheaper ways to process the minerals that are critical for billions of electronic devices.
A coworking space at Tokyo Venture Capital Hub
BUSINESS / Companies
Dec 3, 2023
Tokyo’s new venture capital hub aims to boost ties among investors
Mori Building hopes that the large-scale hub for venture capital firms will ratchet up investment for startups and strengthen cooperation among investors.
Christian Sinding, chief executive officer of EQT, in Tokyo in September
BUSINESS / Companies
Nov 28, 2023
Private equity giant EQT buys stake in Japanese startup HRBrain
The purchase marks a rare attempt by a global private equity giant to boost returns through young enterprises in the Asian country.
Sam Altman, chief executive of OpenAI
BUSINESS / Companies
Nov 22, 2023
OpenAI restores Sam Altman as CEO after his tumultuous ouster
In addition to Altman's return, the company agreed to partly reconstitute the board of directors that dismissed him.
Mitsubishi UFJ Financial Group is exploring more investments in mid- and late-stage tech startups, seeing room for expansion into a field that historically was shunned by relatively conservative giant lenders.
BUSINESS / Companies
Nov 22, 2023
Top Japanese bank builds startup fund as policy push lures lenders
Mars Growth Capital, co-run by Mitsubishi UFJ Financial Group, now has around 40 to 50 potential investment deals for its recently launched equity fund.
Prime Minister Fumio Kishida and South Korean President Yoon Suk-yeol pose for a photo while wearing Stanford baseball caps with former U.S. Secretary of State Condoleezza Rice during a discussion on the sidelines of the Asia-Pacific Economic Cooperation summit, at Stanford University on Friday.
JAPAN / Politics
Nov 18, 2023
Japan and South Korea float idea of stronger ties through startups
Both leaders stressed the need to cooperate on climate change solutions and quantum computing at a panel discussion Friday.
BUSINESS / Companies
Nov 13, 2023
E-scooter startup wins over Japanese regulators who confounded Uber
Tokyo-based Luup controls more than 90% of the country’s shared e-scooter market in terms of ride mileage, based on government-compiled data.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past