News
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…
Vision Fund
News
How Softbank lost enthusiasm for Chinese tech investments
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…
News
SoftBank unveils massive loss from upended tech stocks
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…
News
Softbank unveils plans to divest T-Mobile stock, reduce debt
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…
News
Softbank reports massive $18bn operating loss at its Vision Fund
Japan’s SoftBank Group reported an annual 1.9 trillion yen ($18 billion) operating loss at its gargantuan Vision Fund, as its tech bets slide Read more…
News
Vision turns to illusion for Softbank’s Masayoshi Son
SoftBank Group Corp founder Masayoshi Son’s dream of a global tech empire is unravelling as his Vision Fund becomes more of an illusion. Read more…
News
Softbank expects $16.5bn loss, its first for 15 years
SoftBank expects its $100 billion Vision Fund to lose $16.5bn due to the worsening performance of its tech bets, its first loss for 15 years. Read more…
Views
Funds are betting $100 billion on data. Are they mad?
“Whoever controls data controls the world”. A couple of years ago that quote would have had most people in the tech world nodding knowingly. Now data has become a sensitive subject. Read more…