(Reuters) – Electronics payments provider Paytm is in talks with Japan’s SoftBank Group to raise $1.2-$1.5 billion in cash, making the latter one of the largest shareholders in the FinTech start-up, Mint newspaper reported on Read more…
MUMBAI (Reuters) – Indian online retailer Snapdeal is looking to raise just over $100 million from existing shareholders including Japan’s SoftBank and new investors, its chief financial officer said. The company, which last year lost Read more…
SoftBank announced that it is developing an eSIM platform as part of its efforts to promote Internet of Things (IoT) solutions. The platform, which is scheduled to start operating in 2017, enables remote eSIM provisioning Read more…
SoftBank-controlled Yahoo Japan has plunged into the self-driving sector by making an 490 million yen ($4.4 million) investment in SB Drive, a SoftBank JV developing “smart mobility” technologies for self-driving vehicles. Yahoo Japan’s investment in Read more…
SoftBank has announced that it has been granted an experimental license to conduct tests on the 28-GHz frequency band, a candidate for 5G communications in Japan. SoftBank, which received the the license on March 15, Read more…
SoftBank Ventures Korea announced that its SB Next Media Innovation Fund has invested in ObEN, an artificial intelligence company that builds virtual identity technology for consumers. Using ObEN, consumers can quickly create a photo-real avatar using Read more…
If the opening keynotes of MWC17 are anything to go by, the “Next Element” of mobile networks is a brain –specifically, cognitive computing and artificial intelligence powerful enough to enable new services, empower customers and Read more…
TOKYO/TAIPEI (Reuters) – Japan’s Softbank Group and Taiwan’s Foxconn will soon begin operating a joint venture that deepens ties between two of Asia’s biggest technology companies, they said on Friday. The move will give Foxconn, Read more…
MUMBAI (Reuters) – Indian online marketplace Snapdeal is to lay off 600 employees and its founders will forego their salaries as the company struggles to turn a profit in a market increasingly dominated by rivals Read more…
NEW YORK (Reuters) – Japan’s SoftBank Group is prepared to give up control of Sprint to Deutsche Telekom’s T-Mobile US to clinch a merger of the two US wireless carriers, according to people familiar with Read more…
(Reuters) – Apple has removed the New York Times Co’s news apps from its app store in China, following a request from the Chinese authorities. Apple removed both the English-language and Chinese-language apps from the iTunes Read more…
REUTERS – SoftBank Group has agreed to invest $1 billion in US satellite venture OneWeb, marking the first tranche of a $50 billion US investment the Japanese telecoms and technology company’s founder Masayoshi Son pledged Read more…
SoftBank and Dialpad have announced an exclusive alliance to bring Dialpad’s pure-cloud business communications solution to Japan. SoftBank will offer Dialpad to its customers, enabling workers to junk their desk phones in favor of working Read more…
(Reuters) – Apple has held talks to invest up to $1 billion in a new $100 billion tech fund being set up by Japan’s SoftBank Group, a source familiar with the matter told Reuters on Read more…
NEW YORK (Reuters) – Two of Asia’s biggest technology companies said they were looking to expand investment in the United States, as President-elect Donald Trump pushes to bring manufacturing and jobs back home. Billionaire businessman Read more…
Direct carrier billing firm Boku says that carrier-billed subscriptions for music streaming service Spotify are now available across Japan’s three main carriers: NTT DoCoMo, KDDI and Softbank. That means that between all three operators, more Read more…
Ericsson says it has successfully completed the first commercial implementation of its Elastic RAN for SoftBank’s mobile network in a Tokyo train station, demonstrating a 40% increase in data throughput for commuters during peak hours. Read more…
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