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2 mins read
Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…
Hasan Chowdhury
4 mins read
Paytm stock searches for a new bottom despite assurances by the management
The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…
1 min read
SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24
Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…
1 min read
Meesho posts first-ever quarterly profits in FY24, claims to be the first profitable e-commerce unicorn in Q2
Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated p…
PTI
1 min read
SoftBank has lost more than $14 billion by betting on WeWork
The Japanese firm, which made a huge bet on WeWork, revealed the losses in the same week that the r…
Hasan Chowdhury
10 mins read
PE and VC investors make a killing in the 2023 bull market
Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…
1 min read
Zomato stock up after 10 crore shares worth ₹947 crore change hands
Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…
2 mins read
SoftBank-backed chipmaker Arm surges 21% in its trading debut after blockbuster $55 billion IPO
The much-anticipated debut of the chip designer comes amid a broad slump in IPO market following th…
Phil Rosen
1 min read
SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown
There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…
2 mins read
Watch Masayoshi Son get in the groove as Softbank’s ‘golden goose eggs’ followed his famous unicorn slide
Over the years, it’s not just SoftBank’s earnings reports that everyone waits for but also its foun…
2 mins read
Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK
Masayoshi Son, the founder and CEO of SoftBank, and a long-time friend of Alibaba founder Jack Ma, …
1 min read
Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son
Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and…
5 mins read
Paytm’s optimistic growth projections boost sentiments, shares climb nearly 8%
Shares of Paytm surged sharply on Friday after the company’s analyst meeting on December 1 set an …
1 min read
SoftBank CEO says he had a crisis that left him in tears for days and made him question his achievements
Masayoshi Son made the comments, which were reported by The Financial Times, during SoftBank's annu…
Beatrice Nolan
2 mins read
SoftBank's founder compared himself to Jesus and Yoda. His tech fund lost a record $32 billion this year.
SoftBank was once described as a "spaceship." Economic turmoil has brought it crashing to Earth.
Hasan Chowdhury
4 mins read
SoftBank Group lost $6 billion on Alibaba shares and another $1.4 billion on Uber during the COVID-19 crisis
One of the world’s most hallowed investors Masayoshi Son revealed that the SoftBank Group lost $6 b…
2 mins read
Softbank's $9 billion net loss last year has a lot to do with Uber and WeWork
The Softbank Vision Fund had $75 billion invested in 88 startups but they were worth 7% less in…
2 mins read
"Jack Ma and I will remain friends forever," says Masayoshi Son as Alibaba founder leaves SoftBank board
There was something more disappointing for Masayoshi Son than Softbank’s nearly $9 billion loss and…
2 mins read
Top 10 scary quotes from Masayoshi Son during the SoftBank earnings call
Despite his best attempt to put up a brave front, a lot of what Son said about the future of Sof…
2 mins read
SoftBank's View avoids SEC fine, but is still running low on cash. How it went from investor darling to SPAC disaster.
Insiders told us the smart-glass company burned cash and struggled with product failures for years.