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Company

SoftBank Group Corp

22 articles stable
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3
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Coverage Timeline

2023-08-13
Reuters 1 related

Sources: SoftBank is in talks to acquire Vision Fund 1's 25% stake in Arm, ahead of the chip designer's Nasdaq IPO in September; SoftBank owns the remaining 75%

SoftBank Group Corp (9984.T) is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1) …

2022-10-02
Bloomberg 2 related

SoftBank, which bought a 10% stake in Twilio competitor Sinch in November 2020, sells its remaining 5% stake; Sinch's stock has fallen 93% since September 2021

Japanese investor SoftBank Group Corp has sold its entire stake in Sinch AB following a share price collapse of more than 90% in the Swedish cloud-based platform provider.

2022-09-01
Reuters 14 related

Arm sues Qualcomm and its subsidiary Nuvia for breach of license agreements and trademark infringement, asking Qualcomm to destroy all associated chip designs

Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), said on Wednesday it has sued Qualcomm Inc (QCOM.O) …

2022-08-28
Bloomberg

The bubble that Masayoshi Son blamed for SoftBank's $23B loss last quarter is one that he helped create through Vision Fund, which distorted the VC market

In retrospect there were reasons to be skeptical of the Vision Fund, the attempt by the Japanese tech conglomerate SoftBank Group Corp … Tweets: @noahpinion Tweets: Noah Smith / @noahpinion : Step 1: ...

2022-08-08
Reuters 15 related

SoftBank reports a ~$17.23B loss for Vision Fund in Q1, as the value of its tech portfolio fell, including SenseTime and Uber, following a record Q4 loss

SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. Source: SoftBank Grou...

2022-05-12
Reuters 10 related

SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group to a $13.15B annual net loss, as stocks decline and inflation rises

SoftBank Group Corp (9984.T) reported on Thursday a record loss of $26.2 billion at its Vision Fund unit as the tech conglomerate's portfolio …

2021-08-10
Reuters 12 related

SoftBank's Vision Fund reports Q1 profit of $2.14B and says it made 47 new investments worth $14.2B; Facebook and Microsoft are no longer listed as investments

Japan's SoftBank Group Corp (9984.T) on Tuesday reported a 39% fall in first-quarter net profit, even as Vision Fund returns were boosted by listings during the period. Source: SoftBank Group .

2021-06-28
Reuters 1 related

Sources: SoftBank is scaling back its robotics business globally, including eliminating 165 jobs in France, and has stopped producing its Pepper humanoid

SoftBank Group Corp (9984.T) is slashing jobs at its global robotics business and has stopped producing its Pepper robot …

2021-05-12
Reuters 6 related

SoftBank reports Q4 Vision Fund profit of $37B and Group net profit of $45.88B, due to good stock performance of portfolio companies Coupang and Uber

SoftBank Group Corp (9984.T) on Wednesday reported a record 4.03 trillion yen ($37 billion) Vision Fund unit profit from a fourth-quarter gain on Coupang …

2020-08-11
Bloomberg 1 related

Source: AmEx is in advanced talks to buy SoftBank-backed online lender Kabbage for as much as $850M in an all-cash deal as soon as this month

American Express Co. is in advanced talks to buy the online small-business lender Kabbage Inc., which is backed by investors including Japan's SoftBank Group Corp …

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