Money India’s Ola Electric eyes $4.5b valuation for IPO Nada Ali Jul 16, 2024 0 SoftBank-backed Indian electric scooter manufacturer Ola Electric is reportedly targeting a valuation of around…
Banks Japan’s SoftBank posts third straight net loss of $1.46b Nada Ali May 13, 2024 0 SoftBank Group of Japan reported a net loss of 227.6 billion yen ($1.46 billion) for the fiscal year ending March…
Tech news SoftBank’s Arm to develop AI chips by 2025 Nada Ali May 12, 2024 0 Arm, a subsidiary of SoftBank Group, is venturing into the development of artificial intelligence (AI) chips with…
Banks SoftBank explores investment in France’s Mistral AI Nada Ali Mar 14, 2024 0 SoftBank Group Corp. is considering investing in Mistral AI, a leading artificial intelligence start-up in Europe.
Money SoftBank shares surge to highest level since May ’21 Nada Ali Feb 13, 2024 0 SoftBank Group Corp. stocks surged by 11 per cent, reaching its highest level since May 2021 due to the strong…
Stocks Chinese stocks hold gains, Japan’s Nikkei up Nada Ali Feb 8, 2024 0 Chinese stocks managed to maintain their weekly gains on Thursday as Beijing implemented a series of measures to…
Financial Institutions SoftBank in talks to acquire remaining Arm stake from its VF1 Nada Ali Aug 15, 2023 0 Japanese tech investor SoftBank Group is in talks to purchase the remaining 25 percent of semiconductor…
Tech/AI SoftBank’s Vision Fund tumbles to $18bn loss in valley of COVID-19 Amwal Al Ghad English May 18, 2020 0 Japan’s SoftBank Group reported a $18 billion loss at its giant Vision Fund, pushing Masayoshi Son’s conglomerate…
Tech/AI SoftBank terminates $3 bln WeWork tender offer Amwal Al Ghad English Apr 2, 2020 0 SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year…
Tech news Japan’s SoftBank offers to buy Uber shares at 30 percent discount aya salah Nov 28, 2017 0 Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion,…