You Searched For "softbank" and got 14 results
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2 mins read
SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon
SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 mi…
Ben Winck
1 min read
Jack Ma is stepping down from the board just as Softbank announced a record $13 billion loss
Ma is stepping down after 13 years on SoftBank's board of directors.
Isobel Asher Hamilton
2 mins read
WeWork's ex-CEO Adam Neumann reportedly plans to sue SoftBank for reneging on its $3 billion share deal
SoftBank abandoned the share deal in early April, claiming it'd be "irresponsible."
Charlie Wood
2 mins read
Adam Neumann will reportedly leave WeWork's board for a year as part of his SoftBank settlement - and take home an extra $50 million payout
As part of the deal, SoftBank will also reportedly buy about $500 million of WeWork stock from Adam…
Grace Dean
1 min read
SoftBank's Masayoshi Son is stepping down from Alibaba's board as he focuses on shoring up SoftBank's shaky finances
Son said in a call to investors that he was focused on righting SoftBank's financials, which have t…
Aaron Holmes
2 mins read
Uber slides 4% on report SoftBank will shed a third of its stake in the ride-hailing app
China's recent crackdown on ride-hailing app Didi has reportedly cost SoftBank, its largest shareho…
Shalini Nagarajan
2 mins read
SoftBank CFO's pay fell nearly 40% after the company's VC fund lost $26.2 billion, a report says
The 100 million yen paycheck for SoftBank's founder and CEO Masayoshi Son stayed roughly the same b…
Rosie Bradbury
1 min read
SoftBank is reportedly under investigation by the SEC following its risky 'Nasdaq whale' investments
SoftBank's investment arm, SB Northstar, made risky multibillion-dollar bets on tech stocks in 2020…
Tyler Sonnemaker
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…
3 mins read
SoftBank CEO Masayoshi Son racked up a $3.7 billion loss trading daily moves in tech stocks — and the risky investments are concerning the company's 2nd-biggest shareholder
The hedge fund Elliott Management advised SoftBank executives as the company rebounded from a sprin…
Ben Winck
1 min read
After losing billions on WeWork investments, SoftBank CEO Masayoshi Son says he still loves and respects ousted founder Adam Neumann
SoftBank reportedly invested over $18 billion in WeWork, the coworking startup that in 2019 ousted …
Mary Meisenzahl
2 mins read
Softbank will invest $100 million to make Miami a new tech hub
Softbank's COO says the Florida city has the right quality of life and tax structure to support a b…
Fatma Khaled
1 min read
SoftBank CEO Masayoshi Son says he was 'foolish' to invest $18.5 billion in WeWork
SoftBank gave WeWork a valuation of $2.9 billion as of the end of March, down from $7.3 billion in …
Aaron Holmes
1 min read
SoftBank CEO Masayoshi Son reportedly compared himself to Jesus during an investor call
The SoftBank CEO reportedly said that, just like Jesus, he is misunderstood.