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Masayoshi Son

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

Finance

06 November, 2019

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a ......

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

Finance

18 October, 2019

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......

SoftBank CEO Masayoshi Son says "embarrassed" by track record

Finance

07 October, 2019

SoftBank CEO Masayoshi Son says "embarrassed" by track record

SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business ......

WeWork woes hit Softbank's plans for second Vision Fund

Finance

04 October, 2019

WeWork woes hit Softbank's plans for second Vision Fund

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......

SoftBank may pump $1 bn more into troubled office-sharing startup WeWork

Infrastructure

26 September, 2019

SoftBank may pump $1 bn more into troubled office-sharing startup WeWork

SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......

SoftBank turns against WeWork CEO Adam Neumann

People

23 September, 2019

SoftBank turns against WeWork CEO Adam Neumann

Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

Markets

14 September, 2019

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and ......

SoftBank urges WeWork to shelve IPO over valuation concerns

TMT

10 September, 2019

SoftBank urges WeWork to shelve IPO over valuation concerns

SoftBank Group, a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a ......

SoftBank to pump second Vision Fund with proceeds from the first

Finance

30 July, 2019

SoftBank to pump second Vision Fund with proceeds from the first

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed ......

SoftBank to commit $40 bn to second Vision Fund

Finance

25 July, 2019

SoftBank to commit $40 bn to second Vision Fund

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported ......