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2 mins read
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
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…
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…
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
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 …
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
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
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
2 mins read
Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises
The recent Greensill and Archegos crises have left Credit Suisse under greater scrutiny, putting tw…
Theo Golden
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 Vision Fund 2 fails to raise new funds — Masayoshi Son says the company will now use its own money for investments
“The performance of Softbank Vision Fund 1 is not that great, therefore we decided to invest our…
3 mins read
Masayoshi Son says AWS and Microsoft will buy more chipsets from the SoftBank Vision Fund-backed Arm, and not Intel
Out of the 88 companies that the SoftBank Vision Fund 1 has invested in, Son assumes that as man…
2 mins read
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
3 mins read
Weak investment-banking numbers, and gloomy mortgage outlooks weigh on banks' second-quarter earnings
Today's biggest story on Wall Street is the slew of US banks on deck to report their quarterly earn…
Aaron Weinman
2 mins read
OYO is cutting costs in Japan by merging its hotel and rental apartment business
OYO in Japan is merging its hotel business and its rental venture – OYO Life. The merged entity wil…
7 mins read
What went on inside SoftBank-backed Fair as it burned through cash - plus fresh proptech funding and JPMorgan's new VC coverage group
Against this backdrop there's still plenty of VC appetite on the proptech front, where our real est…