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SoftBank said Wednesday that it expects a special loss on the value of its shares of subsidiaries and associates of nearly 498 billion yen ($4.6 billion) for its non-consolidated financial ...
SoftBank's investment in WeWork towers over even the biggest busts of the Dot Com boom, including disastrous failure Pets.com, which raised a relatively modest $50 million in VC cash, and another ...
Investing.com -- Japanese technology conglomerate SoftBank Group Corp (TYO:9984) plans to independently develop its own generative artificial intelligence amid a broader industry push into the ...
SoftBank owns 90% of Arm Holdings, valued at $138B, and a 7.3% stake in T-Mobile. It exited WeWork post-bankruptcy and holds a small 0.04% share in Nvidia. SoftBank also invested in startups like ...
SoftBank was founded in 1981 by Masayoshi Son, a 24-year old entrepreneur. Son became a millionaire during his time at school, thanks to a translator he sold to Sharp Corporation for $1.7 million.
TOKYO & SANTA CLARA, Calif., March 19, 2025--SoftBank Group Corp. (TSE: 9984, "SoftBank Group") today announced that it will acquire Ampere® Computing, a leading independent silicon design ...
SoftBank’s board had been sceptical about the acquisition, but Son was adamant. Besides, he had a strategic advantage. Prior to the acquisition, Son had travelled to California to meet Steve Jobs.
SoftBank and its Vision Fund are WeWork’s biggest investors, with a stake of around 29% in We Co., the company’s official name.
SoftBank will also pay Neumann $50 million to cover legal fees and additional $50 million as part of a promised non-compete fee. Neumann also gets a five-year extension on a $430 million loan from ...
SoftBank's tech-focused trading arm will let go of its risky options bets after widespread backlash and losses totaling $2.7 billion, the Financial Times reported on Wednesday. SB Northstar, the ...
SoftBank sold off its shares across the second and third quarters of 2020, records show, a period of time when Slack's share price ranged from around $25 to a short-lived peak of just under $40 in ...
SoftBank is already WeWork’s largest investor, to the tune of more than $10 billion. The new deal includes $5 billion in further funding, $1.5 billion that had already been pledged for the ...
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