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Masayoshi Son

Fading Vision Fund to tip SoftBank into first loss in 15 years

Finance

14 April, 2020

Fading Vision Fund to tip SoftBank into first loss in 15 years

SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen due to the worsening performance ......

WeWork sues SoftBank for dropping $3 bn tender offer

Infrastructure

08 April, 2020

WeWork sues SoftBank for dropping $3 bn tender offer

A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday ......

SoftBank to sell up to $41 bn assets to fund share buyback, cut debt

Finance

23 March, 2020

SoftBank to sell up to $41 bn assets to fund share buyback, cut debt

SoftBank Group Corp said on Monday it is selling or monetising up to 4.5 trillion yen ($41 billion) in assets ......

SoftBank Group's shares slump on scepticism over startup bets

TMT

18 March, 2020

SoftBank Group's shares slump on scepticism over startup bets

SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......

SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour

Finance

03 March, 2020

SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour

SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment ......

SoftBank spends $2.5 bn to get second Vision Fund off the ground

Finance

19 February, 2020

SoftBank spends $2.5 bn to get second Vision Fund off the ground

SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......

SoftBank scales back second Vision Fund as first fund's loss wipes out group profit

Finance

12 February, 2020

SoftBank scales back second Vision Fund as first fund's loss wipes out group profit

Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second ......

Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv

General

09 January, 2020

Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv

Masayoshi Son’s SoftBank is looking to sell its entire 70% or a majority stake in its renewables joint venture in ......

After WeWork fiasco, SoftBank's China strategy under the scanner

Finance

16 December, 2019

After WeWork fiasco, SoftBank's China strategy under the scanner

For SoftBank Group Corp, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, ......

SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma

Finance

06 December, 2019

SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma

Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an ......