Search results for "softbank"

SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after Chief Executive Masayoshi Son pledged to cut costs after a record $50 billion loss...

Japan’s SoftBank Group on Monday reported a huge net loss of $23.4 billion in the first quarter, after central bank interest rate hikes worldwide caused tech shares to tank. The telecoms firm that has turned into...

Morrisons has agreed to a takeover led by SoftBank owned Fortress Investment Group, valuing Britain’s fourth largest supermarket chain at 6.3 billion pounds ($8.7 billion) and topping a rival proposal from a U.S. private equity firm....

SoftBank’s internet subsidiary Z Holdings on Monday outlined plans to invest 500 billion yen ($4.7 billion) in technology over five years with a focus on artificial intelligence. The announcement follows the completion of the merger of...

Japan’s Softbank Group Corp will invest around 900 million euros ($1 billion) in Wirecard in a convertible bond deal that could give it a 5.6 percent stake in the German digital payments company. The investment by...

Japan’s Softbank Group Corp said on Thursday it had launched a new $5 billion innovation fund to invest in technology companies in Latin America. Softbank, which already has a $100 billion investment vehicle known as Softbank...

SoftBank Group Corp’s Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday. The fund and SenseTime are finalizing the terms of the...

SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with U.S. firm Altaba to deepen ties with the internet heavyweight ahead of an IPO of its telecoms unit. The transaction,...

Japan’s Softbank Group and Alphabet Inc’s venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday. Manbang, formally known as...

The Softbank Group reportedly intends to sell about 30% of the outstanding shares in its subsidiary to investors, while keeping a stake of around 70%. Japanese giant Softbank is planning to list its mobile phone business...