SoftBank Reports $18 Billion Loss from Vision Fund
SoftBank Group Corp. said Monday the Vision Fund lost $17.7 billion in the most recent fiscal year, triggering the worst loss ever in the Japanese...
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SoftBank Group Corp. said Monday the Vision Fund lost $17.7 billion in the most recent fiscal year, triggering the worst loss ever in the Japanese...
Japanese conglomerate SoftBank Group on Monday forecast a $7-billion net loss for the year ended March due to the negative impact of coronavirus and losses...
WeWork’s owner, The We Company, has sued SoftBank Group, challenging its largest shareholder’s decision to terminate a $3 billion tender offer for shares in the...
SoftBank Group Corp has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders.
The Japanese company said in a...
SoftBank Group Corp. on Monday unveiled a plan to selling or monetize up to 4.5 trillion yen ($41 billion) in assets to buy back 2...
Alphabet’s Loon LLC and SoftBank Corp.’s HAPSMobile Inc. have successfully developed a communications payload for HAPSMobile’s HAWK30, a solar-powered unmanned aircraft system (UAS) that flies...
Softbank Group disclosed the damage from bets on WeWork and Uber Technologies Inc.
The Japanese investment powerhouse on Wednesday reported about $6.5 billion quarterly operating...
Confirming yesterday's reports, WeWork announced on Wednesday that it had accepted a $9.5 billion rescue package from Japan's SoftBank Group that would give its biggest...
SoftBank Group Corp. announced today the planned establishment of “SoftBank Vision Fund 2”, a new private investment fund.
The Japanese conglomerate aims to raise a...
An affiliate of SoftBank Corp. is investing $125 million in Loon, a subsidiary of Google parent Alphabet Inc.
The SoftBank unit and Loon will share...