Page 16 - Softbank

No more a tech firm: Softbank gives up pretending it isn't a hegde fund

Masayoshi Son used to run a tech company but he has not 'operated' anything for a while.

American Express in advanced talks to buy SoftBank-backed Kabbage

American Express Co.'s small-business aspirations just took another step forward

SoftBank touts Vision Fund gains, ditches operating profit as yardstick

Chief Executive Masayoshi Son has long emphasised the total value of assets as his preferred yardstick

SoftBank-backed Oyo merging Japan operations and appointing new CEO

The reorganisation involves Oyo's hotel-booking and apartment-rental units coming together into a single company called Oyo Japan, to be led by Ryoma Yamamoto as CEO

SoftBank-backed Grab Holdings to raise $200 million from PE company

Seoul-based Stic Investments is looking to increase its exposure to the region and will invest about $100 million from one of its funds while raising the remainder from co-investors

SoftBank spent $3.8 billion to buy back 63.2 million shares in July, August

The latest purchases bring the total spent on buybacks since March to $9.5 billion

Nvidia may acquire SoftBank owned UK chip maker ARM for $32bn: Report

The proposed deal includes "both cash and stock and that it valued ARM at above the $32bn price that SoftBank paid for the business in 2016"

Solar power counts the price for bidding cheap in race for projects

Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

SoftBank quietly sells additional $2.2 bn of its stake in Alibaba Group

The deal, which includes a collar contract and call spread, is expected to be settled between May 2024 and June 2024

With SoftBank rally, founder Masayoshi Son adds $12 bn to fortune

With SoftBank Group's shares surging to their highest price in two decades on Thursday, Son's net worth hit $20 billion

SoftBank Group shares reach highest level since 2000 on recovery hopes

The stock rose 4.6 per cent to 6,190 yen ($58) on Tuesday, the highest since March 2000.

SoftBank-backed startups among those approved for US paycheck loan program

In-car monitoring technology firm Nauto Inc. was approved for $2-5 million.

Oyo Hotels is slashing footprint and headcount in virus-hit Japan

The Indian start-up slashed its regional presence by closing offices in provincial centers Sapporo, Sendai, Nagano, Hiroshima and Omiya at the end of June, Chief Business Officer Ryota Tanozaki said.

SoftBank has no plan to improve board oversight of Vision Fund: Report

SoftBank has pushed back against creating such a committee, with executives arguing investments already vetted by top management and $3-5 billion deals put to the large limited partners

SoftBank stock bounces to 2020 peak as buyers look beyond WeWork

The stock rose 2.6 per cent on Friday to 5,778 yen ($54), the highest since July 2019

Fresh troubles for SoftBank's Masayoshi Son as Wirecard drama unfolds

Wirecard won't force SoftBank to write down any assets - because the tech conglomerate never put money into Wirecard itself.

SoftBank Group founder Masayoshi Son and Alibaba's Jack Ma part ways

"It's not like we had a fight," Son said during the virtual shareholder meeting. "This was perfectly amicable."

SoftBank's Son leaves Alibaba board following Jack Ma's departure

SoftBank is a major investor in Alibaba and Son joined Alibaba's board in 2005. Ma joined the SoftBank board in 2007

Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'

Sprint, which Son loaded up with debt and made repeated attempts to merge with T-Mobile before successfully closing the deal in April, has delivered an internal rate of return of 25%, Son said