SoftBank posts first annual profit in four years, but Ola and Swiggy weigh on Vision Fund 2 in Q4SoftBank Group reported a $708 million investment loss for its Vision Fund 2 in the January-March quarter, primarily due to the poor perfor...
13 May, 2025, 05.11 PM IST
Rajeev Misra set to leave SoftBank; group clocks profits from successful Indian IPOsRajeev Misra, 62, played a critical role in raising the Vision Fund, the largest pool of private capital that disrupted technology investin...
12 Nov, 2024, 09.33 PM IST
SoftBank books small quarterly profit, unveils $3.4 billion buybackJapanese technology investor SoftBank Group logged 10.4 billion yen ($70.7 million) in net profit, better than a loss of 316.2 billion yen ...
07 Aug, 2024, 07.45 PM IST
SoftBank swings to Q4 profit of $2.1 billionSoftBank Group reported a 328.9 billion yen net profit, despite Vision Fund's 57.5 billion yen loss. Improved from last year due to capital...
13 May, 2024, 04.13 PM IST
SoftBank Q4 Results: Co swings to profit, eyes on Arm unitTechnology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on Monday, as the Japanese gia...
13 May, 2024, 02.49 PM IST
SoftBank posts $6.6 billion profit, first in five quartersSoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four...
08 Feb, 2024, 05.18 PM IST
Moody’s revises up SoftBank outlook to stable after Arm IPOSoftBank, which floated a little less than 10% of Arm shares in the IPO, had ¥6.7 trillion ($45 billion) in cash and cash equivalents as of...
20 Nov, 2023, 06.50 PM IST
SoftBank books another quarterly loss; takes major hit due to WeWork bankruptcyIts Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billio...
09 Nov, 2023, 07.33 PM IST
SoftBank back in ‘offence’ mode, begins writing cheques againSoftBank on Tuesday reported a surprise net loss of over $3 billion in the first quarter, hit by the double whammy of a drop in share price...
08 Aug, 2023, 07.28 PM IST
SoftBank to shift its stance to 'offence mode', says CEO Masayoshi SonSoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to "offence mode" after h...
21 Jun, 2023, 08.14 AM IST
OpenAI CEO Sam Altman meets SoftBank's Masayoshi Son during Japan visit: reportThe meeting between the OpenAI chief and Son comes after the Japanese group's telecommunications unit announced in May that it would consid...
12 Jun, 2023, 09.02 PM IST
SoftBank shares swept up in AI chip frenzy ahead of Arm IPOSoftBank Group Corp saw its shares rise by 5% in early trade due to the frenzy for semiconductor and artificial intelligence-related stocks...
02 Jun, 2023, 09.04 AM IST
SoftBank questions S&P after it cuts rating deeper into junkS&P Global Ratings has further downgraded SoftBank Group's long-term rating to BB, a step closer to junk territory, due to the company's ex...
24 May, 2023, 03.56 PM IST
SoftBank may start third Vision Fund after existing capital usedVision Fund 2 still has $6.5 billion to spend on fresh investments, said Navneet Govil, executive managing partner at SoftBank Global Advis...
07 Feb, 2023, 04.32 PM IST
Never invest because of FOMO: former SoftBank COO Marcelo Claure after FTX debacleMasayoshi Son’s telecoms and technology conglomerate SoftBank is expected to have written down $100 million after FTX meltdown.
13 Nov, 2022, 02.56 PM IST
Founder Masayoshi Son bids goodbye to investor calls as SoftBank turns defensiveSoftBank, which for years was the world's most aggressive tech investor, has virtually halted new investments and focused on its balance sh...
12 Nov, 2022, 12.27 AM IST
SoftBank executive pay slashed after historic Vision Fund lossSoftBank’s founder and chief executive officer (CEO) Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000), however fo...
30 May, 2022, 12.30 PM IST