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MARCELO CLAURE EXIT
Meet Alex Clavel, a US dealmaker behind SoftBank's investing cleanupAfter years of executive departures and soured bets, including a $16 billion investment in co-working space firm WeWork, 49-year-old Alex C...- Rajeev Misra steps back at SoftBank to launch new fundRajeev Misra, who has led the SoftBank Vision Fund since 2017 when it raised $100 billion, the largest pool of private capital, is likely t...
- SoftBank cuts about 150 staff globallyNotices are going out to employees on Thursday and will affect around 30% of employees across the two businesses, the person said, declinin...
- Finfluencers face new reality; Rajeev Misra steps back at SoftBankNow it looks like the party is over for these 'finfluencers', who tell us their income has fallen 30-40% from last year as startups slash t...
- Rajeev Misra steps back at SoftBank; ED flags China-backed ‘predatory lenders’A key lieutenant of Son, Rajeev Misra, will retain a senior position at the first Vision Fund but step down from other roles as he looks to...
- SoftBank overseas business chief exits in latest churnSoftbank's recent exits underscore the dominance of its chief executive, Masayoshi Son, amid a time of strategic shift for the company.
- Layoffs at MPL, FrontRow; ShareChat set for $300M windfallEdtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...
- Crypto breaks ranks on Russia; Rajeev Misra to oversee SoftBank’s Latin American teamLarge crypto companies such as Coinbase and Binance are breaking ranks with mainstream finance, saying they don’t plan on “preemptively” ba...
- SoftBank shuffles Latin American fund team to report to Rajeev MisraThe change comes after the January departure of Chief Operating Officer and SoftBank Group International Chief Executive Officer Marcelo Cl...
- SoftBank's woes are mountingPlunging profit, wobbly shares and a key executive’s departure after a bitter pay dispute beget the question: Will SoftBank rein in its fre...
- SoftBank hit as profit, and Arm deal, collapseSoftBank Group Corp reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80 billion to sell chip designer Arm on...
- 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...
- Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
- 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 COO to step down, as per media reportsThe potential exit comes after a media report citing multiple sources said last month that Claure was seeking about $2 billion in compensat...
- WeWork stock starts trading, two years after an aborted IPOThe earlier effort collided with concerns about WeWork's breakneck growth, its huge losses and the alarming management style of its co-foun...
- WeWork is banking on Sandeep Mathrani to lead it out of troubleThe troubled co-working company appointed Mathrani, 57, as CEO on Saturday. He’ll report to Marcelo Claure, the executive chairman at WeWor...
- WeWork names real estate veteran Sandeep Mathrani its new ceoWeWork said the new CEO will report to Executive Chairman Marcelo Claure, an executive at SoftBank Group Corp., which committed billions of...
- Adam Neumann’s era of excess and eccentricity is over at WeWorkNeumann will walk away with as much as $1.2 billion as well as a $500 million credit line from SoftBank.
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