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SoftBank's Kirthiga Reddy joins WeWork board

Infrastructure

06 February, 2020

SoftBank's Kirthiga Reddy joins WeWork board

Office sharing startup WeWork said on Thursday that Kirthiga Reddy, partner at SoftBank Investment Advisers since 2018, would...

WeWork names Brookfield exec Sandeep Mathrani as CEO

Infrastructure

03 February, 2020

WeWork names Brookfield exec Sandeep Mathrani as CEO

SoftBank-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani...

SoftBank promotes renewable energy unit's exec as India head

Infrastructure

22 January, 2020

SoftBank promotes renewable energy unit's exec as India head

SoftBank India, the local arm of the Japanese telecommunications and investment conglomerate, has appointed Manoj Kohli as the...

WeWork debacle has unicorn investors seeking cover

TMT

14 January, 2020

WeWork debacle has unicorn investors seeking cover

In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have...

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Flashback 2019: B2B startups, second-time founders and IT deals hog tech limelight

TMT

27 December, 2019

Flashback 2019: B2B startups, second-time founders and IT deals hog tech limelight

Business-to-business (B2B) technology companies focused on small and medium enterprises got the most attention from private investors...

Yahoo Japan exits Oyo-SoftBank room rental venture

TMT

19 December, 2019

Yahoo Japan exits Oyo-SoftBank room rental venture

India’s Oyo Hotels and Homes said on Thursday SoftBank-controlled Yahoo Japan has quit its Japanese room rental venture,...

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...

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...

Ola may lay off 225 employees as SoftBank-backed firm gears up for IPO

TMT

29 November, 2019

Ola may lay off 225 employees as SoftBank-backed firm gears up for IPO

Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group Corp (9984.T), aims to begin the IPO process by the end ......

WeWork to lay off 2,400 employees in SoftBank revamp

Infrastructure

22 November, 2019

WeWork to lay off 2,400 employees in SoftBank revamp

WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......

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