SoftBank Group Corp
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
People
Uber co-founder Travis Kalanick sells nearly $550 mn of shares
Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing ......
Finance
Management guru Ram Charan on how founders, investors can avoid succession issues
A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......
Finance
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 ......
TMT
CCI to probe SoftBank-backed Oyo, MakeMyTrip
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd gives special treatment to SoftBank-backed hotel ......
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
Finance
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 ......
TMT
Oyo to raise $1.5 bn from founder Ritesh Agarwal, existing investors
OYO Hotels & Homes will raise $1.5 billion (about Rs 10,651 crore at current exchange rates) in a Series F ......
Finance
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 ......
TMT
SoftBank-backed Oyo faces backlash as some hotels cry foul and check out
India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......
