Asian markets retreat on Thursday
Asian markets retreated on Thursday after a sharp sell-off in US tech shares, triggered by disappointing earnings…
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Softbank
Asian stocks rebound on Wednesday
Asian stocks rebounded on Wednesday after a sharp selloff triggered by a tech-led slump on Wall Street that…
Asia-Pacific stocks close mixed on Wednesday
Asia-Pacific markets ended mostly lower on Wednesday, mirroring Wall Street’s overnight losses.
Trump announces $500b AI infrastructure investment
US President Donald Trump announced a $500 billion private-sector investment in artificial intelligence…
OpenAI employees to sell $1.5b in shares to SoftBank
OpenAI, owned by ChatGPT, is permitting its employees to sell around $1.5 billion in shares to SoftBank Group of…
India’s Ola Electric plans to lay off 500 employees
India's leading electric scooter manufacturer, Ola Electric, is reportedly planning to reduce its workforce by…
Japan’s SoftBank first to get Nvidia’s latest AI chips
SoftBank's Japanese telecoms unit will be the first to receive chips using Nvidia's latest Blackwell design for its…
India’s Ola Electric eyes $4.5b valuation for IPO
SoftBank-backed Indian electric scooter manufacturer Ola Electric is reportedly targeting a valuation of around…
SoftBank sells bonds at lowest underwriting fees in 10yrs
SoftBank Group Corp. achieved a significant milestone by reducing underwriting fees for yen retail bonds, marking…
Japan’s SoftBank posts third straight net loss of $1.46b
SoftBank Group of Japan reported a net loss of 227.6 billion yen ($1.46 billion) for the fiscal year ending March…
SoftBank shares surge to highest level since May ’21
SoftBank Group Corp. stocks surged by 11 per cent, reaching its highest level since May 2021 due to the strong…
SoftBank in talks to acquire remaining Arm stake from its VF1
Japanese tech investor SoftBank Group is in talks to purchase the remaining 25 percent of semiconductor…
Didi prepares expansion in China following investigations
Chinese ride hailing company, Didi, is set to expand its services and have more subsidies to passengers and…
Amazon, SoftBank in talks over Russian online retailer Ozon: shareholder
Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a…
SoftBank is not SoftPunku, says CEO in defence of strategy
SoftBank Group Corp's Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday,…
SoftBank’s second Vision in jeopardy as first one posted a record $18 billion loss
The future of SoftBank’s second Vision Fund is in jeopardy after the first one reported record losses of $18…
SoftBank record loss estimate renews asset sale focus
SoftBank Group Corp’s estimate it will post a record $13 billion full-year loss, dragged down by its spluttering…
SoftBank’s founder says Japan lacks investment opportunities, is AI…
SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment…
U.S. clears Japanese SoftBank’s $2.25bn investment in GM-backed Cruise
Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S.…
SoftBank, Toyoya to receive five Japanese automakers – sources
The self-driving car joint venture of SoftBank Corp and Toyota Motor will receive investment from a further five…
SoftBank to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 %
Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan Corp and…
SoftBank invests in Mubadala’s new $400 million European tech fund
Japan’s SoftBank Group has provided nearly half of the cash for Abu Dhabi’s state investor Mubadala Investment Co’s…
Asian markets trade mixed; Softbank shares soar more than 17%
Asian markets traded mixed on Thursday afternoon, while U.S.-China trade hopes are up as negotiations are set to…
SoftBank sets indicative IPO price at 1,500 yen, unchanged from initial estimate
SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco…
SoftBank’s $100 bln Vision Fund to invest in 70-100 tech firms: official
SoftBank's massive $100 billion Vision Fund will make between 70 and 100 investments in technology firms, chief…
Asian shares gain as dollar remains on the back foot
Major indexes in Asia notched gains on Monday after Wall Street closed out last week at records and the dollar…
SoftBank acquires 15% stake in Uber, pumps in $1 bn in early 2018
Japanese conglomerate SoftBank will pick up 15 per cent stake in Uber and pump in $1 billion as primary…
Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund
Abu Dhabi’s state investor, Mubadala , has made 15 to 16 investments in Silicon Valley as part of a partnership…
Uber’s messy data breach collides with launch of SoftBank deal
A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that…
SoftBank says considering investment in Uber but no final agreement reached
Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc, but there was no…
Uber nears deal to sell stake to SoftBank
Uber was close on Sunday to finalising an agreement to sell a major stake of itself to SoftBank, a Japanese…
Uber’s Huffington still ‘optimistic’ SoftBank mega-deal will happen
Uber’s board member Arianna Huffington is still "optimistic" that a big investment by SoftBank into the…
SoftBank negotiating to raise a second giant tech fund
SoftBank, the Japanese conglomerate that is already upending Silicon Valley finance with its existing $93 billion…
SoftBank’s deal to invest in Uber ‘very likely’ in the next week: board…
SoftBank's much-anticipated investment in Uber could be agreed upon within a week, said Arianna Huffington, one of…
Uber’s biggest rival in India secures $1.1 bln from Tencent, SoftBank, valuing…
Ola, Uber's fiercest rival in India, has secured $1.1 billion from investors including Chinese internet giant…
SoftBank’s Vision Fund seizes stake in India’s Flipkart
A tech fund backed by Japan's SoftBank Group has picked up one of the biggest stakes in India's leading homegrown…
SoftBank plowing billions of dollars into tech firms: Here’s some of its investments…
Japan’s tech giant SoftBank has been pumping billions of dollars into tech companies, both public and privately…
SoftBank reportedly targeting Uber stake valued at billions
Japan’s tech titan SoftBank has approached Uber about taking a multi-billion dollar stake in the ride-sharing…
SoftBank’s Son pledges $50 billion, Foxconn eyes U.S. expansion as Trump woos Asian…
Two of Asia's biggest technology companies said they were looking to expand investment in the United States, as…
Asia markets mostly higher; SoftBank jumps 4.7%
Asian shares were mostly higher, with Australia shrugging off weak GDP and Japan's benchmark index up on a Trump…