softbank

  1. Hanno Labuschagne

    Microsoft and SoftBank invest in ConsenSys

    Microsoft and SoftBank invest in ConsenSys Microsoft Corp., Temasek Holdings Pte and SoftBank Group Corp. invested in Ethereum co-founder Joseph Lubin’s blockchain-technology company ConsenSys Inc. at a $7 billion valuation, more than twice what it was valued at in November. ConsenSys raised...
  3. Hanno Labuschagne

    Arm slashing 1,000 jobs

    Arm slashing 1,000 jobs Arm Ltd., the SoftBank Group Corp. unit preparing for an initial public offering, will cut as much as 15% of its workforce, part of an effort to rein in spending and focus on fewer projects. The British company will shed 12% to 15% of staff in the U.K. and the U.S...
  4. J

    SoftBank's debt a big concern

    SoftBank's debt a big concern Concern about SoftBank Group Corp.’s massive debt load has reared its head again after the company unveiled a $9.5 billion bailout for WeWork this week, hurting its shares and bonds. While the price tag for SoftBank to rescue the debt-riddled U.S. shared-office...
  5. J

    SoftBank is pushing WeWork to postpone its IPO - Report

    SoftBank is pushing WeWork to postpone its IPO - Report Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public offering of the money-losing co-working company, said people with knowledge of the talks. SoftBank is pressing WeWork to...
  6. J

    SoftBank seeks $18 billion from retail investors

    SoftBank seeks $18 billion from retail investors SoftBank Group Corp. is seeking to raise a record 2 trillion yen ($18 billion) from Japanese individuals in the initial public offering of its mobile phone unit, targeting investors who often get no interest on their savings, said people familiar...
  7. J

    SoftBank share price plummets following tech rout

    SoftBank share price plummets following tech rout SoftBank Group Corp. has been battered over the past two weeks as technology stocks plummet globally and the outcry over a missing Saudi Arabian journalist escalates into a global controversy. SoftBank shares fell as much as 7.1 percent in...
  8. J

    SoftBank seeking loans for massive IPO - Report

    SoftBank seeking loans for massive IPO - Report Masayoshi Son is asking Wall Street banks to open their pocketbooks if they want in on what could be the biggest-ever initial public offering, according to people familiar with the matter. SoftBank Group Corp. has told potential underwriters...
  9. Kevin Lancaster

    Google sells robot producer Boston Dynamics

    Google sells robot producer Boston Dynamics SoftBank has entered into an agreement to acquire robotics pioneer Boston Dynamics from Alphabet.
  10. Kevin Lancaster

    British cellphone chip maker ARM sold to Japan’s SoftBank

    British cellphone chip maker ARM sold to Japan’s SoftBank ARM and SoftBank have announced a multi-billion-pound deal.
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