With great bitterness, Masayoshi Son, CEO and founder of the largest start-up and technology investment fund, announces the result of a black quarter: SoftBank loses $23.4 billion. SoftBank loses 7.5%...
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SoftBank’s Son Faces Shareholders Shaken by $34 Billion Loss
(Bloomberg) — SoftBank Group Corp. founder Masayoshi Son is used to praise and encouragement from shareholders. But the company’s loss of $34 billion in market value over the last year is a test...
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...
Here’s Why Former SoftBank’s Chief Executive Has Dedicated 10% of His Holdings To Bitcoin (BTC)
Marcelo Claure, the former executive of Tokyo-based Softbank, has disclosed that he now dedicates 10% of his holdings to the flagship cryptocurrency, Bitcoin (BTC). Revealing the reason behind his mov...
GM to buy out SoftBank’s stake in Cruise self-driving unit
General Motors is acquiring SoftBank’s stake in Cruise and pouring even more money into the self-driving unit it purchased in 2016. The auto giant has announced that it’s buying out SoftBa...
GM to buy SoftBank’s stake in Cruise self-driving unit
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images DETROIT – General Motors is acquiring SoftBank Vision Fund 1’s equity own...
SoftBank’s Tech Division Z Holdings Eyes NFT Marketplace
Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a Non-Fungible Token (NFT) marketplace before the end of the year. As reported by B...
Softbank’s Z Holdings (Mcap-$25 Billion) Aims To Invest In NFT Marketplace
SoftBank Group Corp.’s Z Holdings Corp is planning to dive into NFT marketplaces in 180 countries by this year. This will be part of the company’s goal to expand its global business. This move also in...
Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries – Bitcoin News
Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims ...
SoftBank’s tech division set to launch NFT marketplace
advertisement Z Holdings, the internet arm of Japanese conglomerate SoftBank, reportedly plans to launch an NFT marketplace this year as part of efforts to meet its mid-term revenue targets. Z Holdin...
CLSA assesses the impact of rates on SoftBank’s investment strategy
The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, acco...
SoftBank’s COO demanded a $1 billion bonus. Is any exec worth that much?
The chief operating officer of Japanese conglomerate SoftBank Group Corp., Marcelo Claure, is preparing to leave his role after founder Masayoshi Son reportedly refused to pay him a $1 billion bonus f...
SoftBank’s stock rises, bouncing back from a 52-week low
SoftBank Group Corp. (JPTSE:9984) shares gained on Wednesday, rebounding back from a 52-week low on Tuesday. This happened as Nvidia Corp. considered pulling out of its deal to buy Arm Ltd. from the J...