Tag - masayoshi-son

 
 

MASAYOSHI SON

Japan Times
BUSINESS / Companies
Apr 14, 2020
SoftBank foresees $12.5 billion loss as startup bets backfire
The company expects to record a u00a51.8 trillion ($16.7 billion) loss from its Vision Fund and another u00a5800 billion in losses from SoftBank's own investments.
Japan Times
BUSINESS / Companies
Apr 13, 2020
Masayoshi Son’s $2 billion guarantee at risk as virus sickens SoftBank star Oyo
Just nine months ago, Masayoshi Son publicly declared Ritesh Agarwal one of the star entrepreneurs backed by his SoftBank Group Corp. The billionaire boasted that Agarwal’s Oyo Hotels & Homes was poised to overtake the biggest hotel chains in the world just a few years after its founding.
Japan Times
BUSINESS / Companies
Apr 8, 2020
WeWork sues SoftBank for dropping $3 billion tender offer
A WeWork board committee that negotiated a $3 billion (¥326.4 billion) tender offer with SoftBank Group sued the conglomerate Tuesday for abandoning the deal, accusing it of succumbing to "buyer's remorse" amid the novel coronavirus outbreak.
Japan Times
BUSINESS / Companies
Apr 6, 2020
Some WeWork staff planned their lives around a stock deal that just collapsed
Teddy Kramer worked at WeWork from 2013 to 2015. When he left the company, he had been a director of new market development, helping the coworking startup open new offices in different regions. He’d put in the time and been granted shares in the company. At first, he thought he might be able to sell...
Japan Times
JAPAN
Apr 5, 2020
Social media helps bigwigs and entertainers weigh in on Abe's response to pandemic
The spike in infections is prompting celebrities and social media influencers to use the internet to push for decisive action to minimize social contact.
Japan Times
BUSINESS / Companies
Mar 29, 2020
SoftBank’s big bet on sharing economy backfires with coronavirus
Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices.
Japan Times
BUSINESS / Companies
Mar 22, 2020
Masayoshi Son’s empire wobbles as virus hits debt load
Investors are growing increasingly skittish about the stability of Masayoshi Son’s empire.
Japan Times
JAPAN / Science & Health
Mar 12, 2020
SoftBank's Masayoshi Son reconsiders heavily criticized coronavirus test plan
SoftBank founder Masayoshi Son took to Twitter on Wednesday to offer a million free coronavirus tests, only to get hit by a barrage of criticism that he risked overwhelming medical facilities, prompting him to say he might reconsider the plan.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Masayoshi Son's big real estate venture with Oyo runs into real problems in Japan
Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies — a startup from India called Oyo.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank chief welcomes activist investor Singer as Vision Fund logs loss
SoftBank Group Corp. founder Masayoshi Son opened the door to making at least some of the changes championed by activist investor Paul Singer, after the company reported a second quarter of losses from its startup investing.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank's Masayoshi Son considers new type of fund for startup investing
SoftBank Group Corp. founder Masayoshi Son said he is considering a new type of fund for startup investing, showing his determination to keep cutting deals after missteps with WeWork and several other companies.
Japan Times
BUSINESS / Companies
Feb 11, 2020
Paul Singer versus Masayoshi Son: Billionaires playing nice — for now
Paul Singer earned his reputation as a take-no-prisoners brawler by challenging the interests of Argentina's government and South Korea's family businesses. With his latest investment, though, the American activist investor appears to be taking a more collaborative approach.
Japan Times
JAPAN / Media / BIG IN JAPAN
Jan 4, 2020
From hangover cures to prairie dogs, tabloids end 2019 with a bang
For their final issues of December, the weeklies — their covers trimmed in gold color (except for the Sunday Mainichi, which came out in yellow-orange) — typically publish two-week bumper issues with extra pages. This gives many of them leeway to write about lots of timely topics. For instance, journalist...
Japan Times
COMMENTARY / Japan
Jan 2, 2020
A Masayoshi Son shopping list for 2020
Softbank's chief could do worse than to take this advice.
Japan Times
BUSINESS / Companies
Dec 27, 2019
Uniqlo founder Tadashi Yanai, one of the few directors to stand up to Masayoshi Son, exits SoftBank board
Fast Retailing Co. Chief Executive Officer Tadashi Yanai is leaving SoftBank Group Corp.'s board after more than 18 years as one of the few directors with the heft to challenge Masayoshi Son.
Japan Times
COMMENTARY / Japan
Dec 25, 2019
Masayoshi Son: Tech visionary or robber baron?
We're coming to realize that the SoftBank founder is less a business guru than a 19th-century capitalist.
Japan Times
BUSINESS / Companies
Dec 24, 2019
WeWork bailout stalls as Japan banks balk at lending Softbank $3 billion
SoftBank Group Corp.'s talks to secure $3 billion (about ¥328 billion) from the nation's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork.
Japan Times
BUSINESS
Dec 16, 2019
Masayoshi Son's bankers worried about their favorite client
Masayoshi Son's bankers are taking a hard look at their most important client.
Japan Times
BUSINESS / Companies
Dec 9, 2019
SoftBank will have 'last laugh' on WeWork deal, analyst predicts
SoftBank Group Corp.'s massive investment in WeWork triggered a multibillion-dollar write-down and a rare apology from founder Masayoshi Son. But one analyst argues the deal is likely to work in the end and SoftBank will have the "last laugh."

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