You Searched For "softbank chairman" and got 20 results
Sort By:
2 mins read
View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned
View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…
Hayley Cuccinello
4 mins read
Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.
Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…
Vishal Persaud
2 mins read
Bharti-led OneWeb raises funds from Softbank, Hughes, taking its total funding to $1.4 billion
OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK governme…
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
Masayoshi Son is leaving his crown jewel Alibaba’s board – 15 years after he took the position
Softbank Chairman Masayoshi Son has resigned from Alibaba’s board, 15 years after he took a seat on…
2 mins read
WeWork's chairman said Adam Neumann 'may have violated' the terms of his $185 million consulting contract with his former company, and that it's is no longer in effect
"Adam may have violated some of the parts of the consulting agreement, so that's no longer in effec…
Tyler Sonnemaker
4 mins read
All the details of SoftBank's WeWork takeover: SoftBank will own 80% of WeWork, Neumann steps down, and SoftBank invests billions. The new chairman will address employees on Wednesday.
WeWork earlier this year was in talks to borrow $6 billion from banks, a deal contingent on raising…
Meghan Morris
2 mins read
Adani Green shares jump as the group adds 5 gigawatts of renewable energy capacity with a $3.5 billion deal with Softbank and Bharti Group
SB Energy India, which was a joint venture between Japan-based SoftBank Group Corp (80%) and Bha…
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
3 mins read
Read the email WeWork's co-CEOs sent to the troops after SoftBank brought in a new chairman to salvage the company
With this agreement, Marcelo Claure, SoftBank's COO, has been elected Executive Chairman of the WeW…
Julie Bort
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…
3 mins read
WeWork to go public in $9 billion merger with Vivek Ranadive-led BowX
The transaction values WeWork at an initial enterprise value of approximately $9 billion, WeWork…
1 min read
SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance
The record loss for FY 20 is because of ‘the deteriorating performance of its tech bets’. Mea…
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
Tech CEOs including Google's Sundar, Salesforce's Marc Benioff, Microsoft's Satya Nadella congratulate outgoing Amazon CEO Jeff Bezos and his successor, Andy Jassy
On January 3, Jeff Bezos announced he would be stepping down as Amazon CEO later this year. Andy Ja…
Brittany Chang
2 mins read
Qualcomm's ex-chairman is trying to buy the company with help from investors at SoftBank
SoftBank, a Japanese holding company, has major stakes in several Silicon Valley companies includi…
Becky Peterson
3 mins read
Hyundai has bought robot maker Boston Dynamics from SoftBank in a $1.1 billion deal
South Korean automaker Hyundai is buying an 80% stake in Boston Dynamics for $880 million, valuing …
Grace Dean,Reuters
2 mins read
Chalk and cheese: When Steve Schwarzman first met Masayoshi Son
Stephen Schwarzman is the Chairman and CEO of the Blackstone Group, one of the world’s largest alte…
2 mins read
These are the five Indian VCs in the top 25 venture capitalists in GCV Powerlist
Shankar Chandran, Managing Director, Samsung Catalyst Fund, who shared the ranking with his coll…
3 mins read
Nvidia announces its intention to buy chip design giant ARM from Softbank for $40 billion, and employees will get $1.5 billion in equity
In buying Arm, Nvidia will gain access to the chip design's technology, widely used in mobile devic…