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SOFTBANK INVESTMENT STRATEGY
Meesho discontinues CPO role, product leaders to report directly to business headsMeesho has discontinued its chief product officer (CPO) role as part of a product team restructuring, with product leaders now reporting di...
Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s deathWhatfix, the innovative enterprise software startup, has announced the appointment of Vara Kumar as its new chief executive officer followi...
Adobe’s next boss joins a powerful club: Meet the Indian-origin CEOs running the world’s biggest companiesAdobe’s next CEO Anil Chakravarthy is joining a powerful club. From Microsoft and Google to Chanel, FedEx and Micron, Indian-origin executi...
WestBridge books 2.6x return on Rs 130-crore partial PhysicsWallah exitWestBridge began monetising its holding in PhysicsWallah as the stock recovered from its post-listing lows. It is likely to continue trimmi...
SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 croreSoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu D...
India’s listed new-age cos hit $165 billion market cap as IPO wave expands universeIndia’s 50 listed, institutionally backed new-age companies are now worth $165 billion, but performance remains sharply divided. A growing ...
Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...
Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
Hyundai Motor to buy SoftBank's remaining stake in Boston DynamicsHyundai Motor Group is acquiring SoftBank's stake in Boston Dynamics. This move aims to integrate advanced robotics into Hyundai's manufact...
SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
Arm CEO Haas in line to lead much of parent SoftBank's international business: ReportArm's CEO, Rene Haas, is set to head a significant portion of SoftBank's international operations. This move is aimed at bolstering SoftBan...
SoftBank Bets Big on AI: Eyes on earnings and mega dealsAnalysts and investors are closely watching for details on how these massive bets will be financed, when returns are expected to materialis...
SoftBank strategy chief Katsunori Sago to step downThe departure of one of CEO Masayoshi Son's key lieutenants comes after power consolidated around Vision Fund chief Rajeev Misra and Chief ...
SoftBank's latest fund wheeze sets off new alarmsSoftBank’s core competence is in a specific sector, technology, and a specific category, late-stage venture capital. It needs to be crystal...
SoftBank's Vision Fund raises $93 billion in its first closeMore than $93 billion has been secured from backers led by the Japanese company and Saudi Arabia’s Public Investment Fund, SoftBank said in...