Masayoshi Son’s SoftBank Vision Fund Posts $5.5 Billion Quarterly Loss, Pulls Back On Startup Investments

SoftBank Group Corp Chairman and CEO Masayoshi Son. Alessandro Di Ciommo/NurPhoto via Getty Images Japanese billionaire Masayoshi Son’s SoftBank Group reported earnings for the December quarter this w...

SoftBank Plans Arm Holdings IPO in 2023

One strange twist in the current obsession with artificial intelligence is the trauma afflicting one of AI’s biggest fans—SoftBank CEO Masayoshi Son. In 2017, Son launched the world’s largest-ever ven...

Food Delivery App Becomes Thailand Newest Unicorn After $265 Million Fund Raise

Line Man Wongnai is among Thailand’s fastest growing food delivery startups. Courtesy of Line Man Wongnai Line Man Wongnai has become the latest unicorn in Thailand after the food delivery deliv...

SoftBank To Gain $34 Billion By Cutting One-Third Of Alibaba Stake

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. (Photo by Alessandro Di Ciommo/NurPhoto via Getty Images) NurPhoto via Getty Images Billionaire Masayoshi Son’s SoftBank Gro...

Global Headwinds Knock Down Collective Wealth By A Third

Tadashi Yanai Kiyoshi Ota/Bloomberg This story is part of Forbes’ coverage of Japan’s Richest 2022. See the full list here. Soaring energy and commodity prices, exacerbated by the war in Ukraine, dash...

How One Apartment Formed The Blueprint For Korea’s Top Lifestyle App

Seungjae Lee, a former chemical and electrical engineer, turned his passion for interior design into content sharing platform oHouse. Now, the startup is one of Korea’s largest lifestyle apps at a val...

Alibaba Shares Jump As Chinese E-Commerce Giant Posts Record Transactions

Signage displayed at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, Photographer: … [+] Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP Alibaba’s stock jumped in Hong Kong afte...

Hey Masayoshi Son, I Have A Bridge To Sell You

Anne Hathaway and Jared Leto attend the Global Premiere of Apple TV+’s “WeCrashed” at Academy Museum of Motion Pictures on March 17, 2022 in Los Angeles, California. Axelle/Bauer-Gri...

SoftBank Ventures Asia Leads $5.8 Million Investment In Korean Autonomous Shipping Startup

COURTESY OF SEADRONIX SoftBank Ventures Asia, the venture arm of Japanese billionaire Masayoshi Son’s SoftBank Group, led a $5.8 million round in South Korean autonomous navigation startup Seadronix, ...

SoftBank’s $100 Billion May Get Dwarfed By Tokyo’s $1.6 Trillion Fund

Japan’s Prime Minister Fumio Kishida has pledged to open a path for the Government Pension … [+] Investment Fund to invest support the country’s startups. KIYOSHI OTA/POOL/AFP via Ge...

Warren Buffett Wins Big With ‘Moneyball’ Gamble

Warren Buffett speaks at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., on … [+] February 13, 2018. Andrew Harrer/Bloomberg Warren Buffett’s still got it, at least if rece...

Softbank COO Exits After Reported Fallout With Founder Masayoshi Son Over Pay

Topline Japan’s SoftBank Group on Friday announced the departure of its chief operating officer, Marcelo Claure, an exit that comes after reports of a clash over pay between Claure and the company’s f...