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SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOsSoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are pr...- Arm IPO to put SoftBank's AI hard sell to the testSince acquiring the chip designer in 2016, SoftBank CEO Masayoshi Son has positioned Arm as the tech investment conglomerate's crown jewel ...
- SoftBank may turn profit after $48 billion in Vision Fund lossesSoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence...
- SoftBank earnings put Arm IPO plans, startup valuations in focusValuations of Vision Fund investments are challenging to estimate due to the high proportion of unlisted companies in the portfolio, making...
- SoftBank CEO Masayoshi Son to skip earnings call for first time as tech slumpsThe founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for d...
- SoftBank steps up asset sales from sinking portfolioSoftbank's Vision Fund exited a swathe of assets in the April-June quarter - including ride hailer Uber Technologies.
- Vision Fund slide points to more pain for SoftBank's SonSoftBank has been reliant on its large and liquid stake in e-commerce firm Alibaba Group Holding Ltd for financing. The group has now raise...
- KDDI shares fall nearly 4% after its biggest service outageKDDI said in a statement at 9:00 a.m. on Monday (0000 GMT) that data transmission had been broadly restored but users might experience diff...
- SoftBank jumps 10%, shaking off record lossThe bounce followed a late-day rally in U.S. stocks overnight, with the S&P 500 and Nasdaq Composite closing roughly flat. Tech stocks incl...
- SoftBank faces record loss as Masayoshi Son's bets tumble againThe world’s largest tech fund is estimated to have lost about $18.6 billion on its public portfolio alone during the quarter ended Mar. 31,...
- Storm clouds gather at SoftBank Group as valuations slideMajor SoftBank assets that went public over the last year and are now trading below their listing price include ridehailing company Didi Gl...
- SoftBank COO Marcelo Claure exits; departure sparked by pay disputeMarcelo Claure's deputy, Michel Combes - a French former telecoms executive - has been appointed chief executive of SoftBank Group Internat...
- SoftBank shares slide 8.20% as portfolio upside evaporatesSoftBank shares closed at 5,103 yen, down by half from March highs and at the lowest level in 15 months.
- SoftBank shares slide 9% as portfolio upside evaporatesThe slide comes even as SoftBank buys back its shares in a 1 trillion yen ($8.85 billion) programme launched last month.
- SoftBank shares jump 10% on $9 billion buybackThe buyback is SoftBank's second-largest after a record 2.5 trillion yen buyback launched during the depths of the Covid-19 pandemic last y...
- SoftBank dragged into red by falling Vision Fund valuationsBright spots for the Vision Fund include its India portfolio with ride-hailer Ola and logistics firm Delhivery targeting listings.
- SoftBank reports $3.5 billion net loss in Q2CEO Masayoshi Son describes SoftBank as a goose laying "golden eggs" - referring to its stakes in startups that go to market, but IPOs have...
- SoftBank Vision Fund seen posting record earnings on CoupangSoftBank's 37% stake in Coupang, which sources have said was acquired for about $3 billion, was worth around $30 billion at the end of the ...
- SoftBank to write down WeWork by $6.6 bln, compounding portfolio miserySoftBank is embroiled in a legal dispute with directors at WeWork after backing out of a $3 billion tender offer agreed when it bailed out ...
- Uber offers 109% returns for chinese with $500K to spareUber plans to be in 500 cities worldwide by year end, raking in orders of $9.8 billion this year, $20 billion in 2016, and at least $50 bil...
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