SoftBank Group
The Latest
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SoftBank Shares Down 8.7% After Posting Record Profits
Softbank reported record 4.03 trillion yen ($37 billion) profit from its Vision Fund unit. Softbank reported record 4.03 trillion yen ($37 billion) profit from its Vision Fund unit. -
SoftBank Will Cut A Blank Check
"You can get better valuations from the public market with no strings attached" "You can get better valuations from the public market with no strings attached" -
Nvidia's $40 Billion Buy Of Arm Holdings From SoftBank Likely To Get Crunched By China
"If Arm falls into U.S. hands, China technology companies would certainly be placed at a big disadvantage in the market," "If Arm falls into U.S. hands, China technology companies would certainly be placed at a big disadvantage in the market," -
SoftBank To Sell $14 Billion Shares Of Its Japan Wireless Business
Softbank CEO says the company must boost its financial reserves amid the continued harm caused by the pandemic. Softbank CEO says the company must boost its financial reserves amid the continued harm caused by the pandemic. -
SoftBank's Investment In U.S. Tech Giants Bulges To $4 Billion
The Japanese multinational holding firm's biggest investment is in Amazon, valued $1.04 billion. The Japanese multinational holding firm's biggest investment is in Amazon, valued $1.04 billion. -
SoftBank Group Shares Touch Highest Peak In Two Decades On Buybacks
Japanese group's stock up 4.5 percent to 6,190 yen on Tuesday, the highest since March 2000. Japanese group's stock up 4.5 percent to 6,190 yen on Tuesday, the highest since March 2000. -
Alibaba Founder Jack Ma Resigns As SoftBank Board Member
Ma's departure, which will be made official at Softbank's annual meeting in June, will mark the end of his 13-year stint as one of the company's board members. Ma's departure, which will be made official at Softbank's annual meeting in June, will mark the end of his 13-year stint as one of the company's board members. -
Former Billionaire Adam Neumann Sues SoftBank For Terminating $3 Billion Tender Offer
Tender offer part of $9.6 billion financing bailout SoftBank negotiated in October with WeWork Tender offer part of $9.6 billion financing bailout SoftBank negotiated in October with WeWork -
SoftBank To Sell Assets As Part Of Massive Buyback Program
SoftBank Group plans to sell up to $41 billion worth of its assets to pay off its debts and to buy back up to $18 billion worth of its stocks. SoftBank Group plans to sell up to $41 billion worth of its assets to pay off its debts and to buy back up to $18 billion worth of its stocks. -
SoftBank Latest Quarter Profits Wiped Out By Vision Fund Losses
Losses incurred by SoftBank's $100 billion Vision Fund managed to wipe out most of the company's operating income for its latest quarter. Losses incurred by SoftBank's $100 billion Vision Fund managed to wipe out most of the company's operating income for its latest quarter.