Page 2 - Masayoshi Son

SoftBank COO to leave after dispute with Masayoshi Son over compensation

Marcelo Claure was already one of the highest paid executives at the Japanese tech giant after earning a pay package of $17 million in 2020.

SoftBank shares slump 9% Monday after week of bad portfolio news

The stock is off more than 35% this year, on track for its worst annual decline since 2006

SoftBank COO spars with Masayoshi Son, demands $2 billion in compensation

Son and other senior SoftBank executives in Japan are seeking to pay Claure a much smaller sum

SoftBank dragged into red in Q2 by falling Vision Fund valuations

"The strategy of let's create the perception of enhanced value by taking things public hasn't really worked this year," Redex Research analyst Kirk Boodry said

It's time for SoftBank Group to stop buying and start selling

Net income at the Japanese company dropped 39% for the June quarter, while profit at its eponymous investment unit plunged almost 90% amid a decline in the share prices of key holdings

SoftBank pauses China investing as tech crackdown roils portfolio

SoftBank to wait and see on China, says Chief Executive Masayoshi Son

Masayoshi Son to make personal investments with SoftBank's Vision Fund

The billionaire made the disclosure as his company reported earnings, explaining he will begin to co-invest in Vision Fund 2, an investment vehicle where SoftBank has been the sole source of capital

SoftBank CEO Masayoshi Son says share buybacks remain an option for firm

SoftBank Group Corp CEO Masayoshi Son said on Wednesday share buybacks remain an option for the conglomerate, amid a slide in its shares

SoftBank Group may invest $700 mn in Flipkart after exiting firm in 2018

Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.

Looks like the games ain't happening

A nationwide survey in Japan, conducted between May 7 and 9, by the conservative Yomiuri Shimbun, showed 59 per cent wanted the Games cancelled as opposed to 39 per cent who said they should be held.

SoftBank Group chief executive Masayoshi Son's pay fell by half last year

The disclosure ahead of SoftBank's annual general meeting on June 23 follows a turbulent year which saw the group pounded by the Covid-19 pandemic before rebounding to record profit

SoftBank's first female director to leave after challenging Masayoshi Son

Yuko Kawamoto, a professor at Waseda University, will step down on June 23 after just one year in the role, SoftBank said in a statement on Friday

How Masayoshi Son's 'money guy' Lex Greensill went from hero to zero

Son has had to write down his investment, making it among the worst in the history of his Vision Fund, alongside the implosion of WeWork Cos., another SoftBank portfolio company

SoftBank CEO Masayoshi Son considers bringing Coupang services to Japan

SoftBank Group Corp CEO Masayoshi Son said on Monday the conglomerate is considering bringing services from South Korean e-commerce firm Coupang to Japan

Top headlines today: Misty's exit valuation, auto aftermarket, and more

Here are the top business headlines on Tuesday morning

SoftBank's Masayoshi Son eyes bringing Coupang services to Japan

SoftBank Group CEO Masayoshi Son said on Monday the conglomerate's domestic internet business Z Holdings is in talks with South Korean e-commerce firm Coupang about bringing its services to Japan.

SoftBank's internet business to invest $4.7 billion in tech over five years

The focus will be on artificial intelligence

SoftBank reaches settlement with ex-WeWork CEO Neumann, ends legal battle

SoftBank Group has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019

Vision Fund shines in third quarter; Masayoshi Son hails 'golden eggs'

Softbank-backed firms that went public during the quarter include selling platform Opendoor and food delivery app operator Doordash, with unrealised gains in the latter totalling $10.7 billion

Profit at Japan's SoftBank as lucrative investments swell in value

The firm on Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter