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2 mins read

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…

Hasan Chowdhury   


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SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.

The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure …

Shubhangi Goel   


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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   


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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   


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3 mins read

Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.

More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go a…

Hasan Chowdhury   


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6 mins read

Not just small investors, even Alibaba-owned ANT Group and Softbank have lost money on Paytm

All the retail investors who lost money on Paytm’s public issue, it may bring you some solace that …

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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, …

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Softbank CEO Masayoshi Son says he and Alibaba's Jack Ma send each other drawings to keep in touch

The two businessmen have been friends for years, and Son said on Monday that they've kept tabs on e…

Katie Canales   


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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…

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"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…

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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   


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2 mins read

SoftBank returns to profit after 3 quarters of brutal losses — but says revealing actual operating profit 'not useful for investors'

The company made allusions to Samurai warriors and announced it was now in "defense mode," meaning …

Graham Rapier   


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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   


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Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending

The Hong Kong Stock Exchange-listed Alibaba shares closed 12% higher, while shares of its major sha…

Huileng Tan