Softbank

Digital Economy

SoftBank pledges sweeping cost cuts after US$23.4 billion loss

"The loss is the biggest in our corporate history and we take it very seriously."

Digital Economy

SoftBank reports record US$23.4 billion loss as holdings fall

Son has been taking defensive measures.

Semiconductor

Nvidia quietly prepares to abandon takeover of Arm

Other tech giants have lined up against the takeover.
MC Payment in talks to bring in Softbank and Temasek-linked OY! as new investor - THE EDGE SINGAPORE

Company in the news

MC Payment in talks to bring in Softbank and Temasek-linked OY! as new investor

Details of OY!'s proposed equity investment in MC Payment are not disclosed at this stage

Company in the news

PatSnap gets backing from Softbank, Tencent in US$300 mil funding round

PatSnap raised US$300 mil in its Series E funding round.

Company in the news

WeWork co-founder Neumann nears settlement with SoftBank

The settlement would bring an end to a high-profile legal dispute between WeWork's former CEO and Softbank.

Tech

SoftBank’s Son presses Grab for truce with rival Gojek

SoftBank Group Corp.’s Masayoshi Son is stepping up pressure on Grab Holdings to work out a ceasefire with rival Gojek.

Tech

Almost everyone at SoftBank thinks going private is a bad idea

Insiders say everyone except founder Masayoshi Son opposes the idea of taking Softbank private.

Tech

Singapore fund manager says Line tender offer price is too low

Singapore money manager Metrica Partner has came out against SoftBank Group. and Naver’s tender offer for messaging app Line.

Company in the news

SoftBank, Naver to take Line private through squeeze out

Founder Masayoshi Son wants to combine his Yahoo Japan internet business with Line to create a national champion.
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