
Softbank shares plunge as its Vision Fund keeps losing money
SoftBank reported its first quarterly profit in three quarters, but shares plunged anyway due to more heavy losses at its Vision Fund investment arm. Read more…
SoftBank reported its first quarterly profit in three quarters, but shares plunged anyway due to more heavy losses at its Vision Fund investment arm. Read more…
SoftBank Group’s Masayoshi Son plans to meet with Samsung Electronics to discuss a potential “strategic alliance” with Softbank’s chip designer Arm. Read more…
SoftBank Group’s decision to sell down its Alibaba stake for a $34 billion gain underlines how CEO Masayoshi Son has cooled on China tech. Read more…
SoftBank Group Corp unveiled a $23 billion quarterly net loss, its biggest ever, as a market sell-off upended tech stocks and shredded valuations. Read more…
The big question isn’t where to relist Arm, but how SoftBank is going to achieve $50 billion anywhere under current market conditions. Read more…
SoftBank successfully tests an aerostat base station (a tethered high-altitude balloon with a cellular base station payload) with Altaeros. Read more…
Arm China CEO Allen Wu was fired and replaced last week, but he’s refused to step down and his supporters are championing him on social media. Read more…
SoftBank completes SRv6 deployment in its 5G network and uses the SRv6 Flex-Algo feature to implement dynamic network slicing. Read more…
An IPO for Arm is not the only option available to SoftBank – and given where Arm currently is, one option is to keep it. Read more…
SoftBank Group’s sale of Arm to Nvidia has collapsed due to regulatory hurdles. Arm is now planning for an IPO sometime before March 2023. Read more…
Blockchain-based fantasy soccer game Sorare features player cards that are traded in the form of non-fungible tokens (NFTs). Read more…
SoftBank Group Corp Chief Executive Masayoshi Son on Wednesday said so-called smart robots can revitalise Japan’s economy and competitiveness Read more…
On August 23rd, Japanese mobile operator SoftBank announced its plan for a future 6G rollout. Said to be 100 times faster than 5G. Read more…
SoftBank is slashing jobs at its global robotics business and has stopped producing its Pepper robot, as it downgrades its industry ambitions Read more…
Malaysia’s Axiata said Japanese peer SoftBank Corp will invest $60 million in its digital analytics and artificial intelligence (AI) arm ADA. Read more…
SoftBank Group Chief Executive Masayoshi Son boasted of delivering “golden eggs” after his company’s Vision Fund unit rebounded from a loss. Read more…
SoftBank will import a US-developed food service robot to Japan as restaurants grapple with labor shortages and socially distancing. Read more…
German magazine Der Spiegel reported that Japanese investor SoftBank was planning to sue long-time auditor EY over Wirecard collapse. Read more…
SoftBank Group CEO Masayoshi Son mounted a defence of his investing decisions – its value has recovered to pre-coronavirus levels. Read more…
SoftBank unveiled a series of transactions on Monday to divest more than $21 billion worth of stock in U.S. wireless carrier T-Mobile. Read more…
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