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Masayoshi Son

SoftBank Vision Fund seeking cash for blank-cheque firm

Finance

13 October, 2020

SoftBank Vision Fund seeking cash for blank-cheque firm

SoftBank Group Corp's Vision Fund is targeting external funding for a blank-cheque acquisition company it plans to launch, a person ......

Embattled SoftBank renews talks on taking the group private

Markets

14 September, 2020

Embattled SoftBank renews talks on taking the group private

SoftBank Group Corp executives have held early stage talks about taking the Japanese technology group private as the company seeks ......

SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain

Finance

11 August, 2020

SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain

SoftBank Group Corp broke with tradition on Tuesday and did not disclose operating profit in its quarterly results, saying the ......

SoftBank governance reforms stop short of Vision Fund

Finance

06 July, 2020

SoftBank governance reforms stop short of Vision Fund

SoftBank Group Corp has no plans to increase board oversight of its $100 billion Vision Fund, two sources said, disregarding ......

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

Finance

25 June, 2020

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of ......

SoftBank Vision Fund head's pay doubled last year despite massive losses

Finance

01 June, 2020

SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 ......

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Finance

18 May, 2020

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to ......

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

TMT

30 April, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources familiar ......

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

TMT

30 April, 2020

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......

For SoftBank's Masayoshi Son, coronavirus turns vision to illusion

Finance

23 April, 2020

For SoftBank's Masayoshi Son, coronavirus turns vision to illusion

SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses ......