Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS
Nov 18, 2019
SoftBank's Yahoo Japan-Line merger aims to take on U.S. and China online behemoths
Yahoo Japan operator Z Holdings Corp. and Line Corp. said Monday they have reached a basic merger agreement that will forge an internet conglomerate boasting over 100 million users in Japan with the aim of challenging U.S. and Chinese online behemoths.
Japan Times
BUSINESS / Companies
Nov 17, 2019
SoftBank's second Vision Fund starting life a lot smaller than the first
SoftBank Group Corp. has quietly completed an initial money-raising push for its second technology fund, at a fraction of its targeted $108 billion.
Japan Times
BUSINESS / Tech
Nov 14, 2019
SoftBank considering plan to merge Yahoo Japan with Line
SoftBank Group Corp. is considering a plan to consolidate its Yahoo Japan internet business with the messaging service Line Corp.
Japan Times
BUSINESS / Companies
Nov 12, 2019
WeWork talking with T-Mobile's John Legere in search for new CEO
WeWork is considering a candidate with deep ties to its majority shareholder SoftBank Group Corp. as its new chief executive officer, people familiar with the matter have said, in hopes of turning around the troubled coworking company.
Japan Times
BUSINESS / Companies
Nov 9, 2019
WeWork and SoftBank sued over canceled IPO
WeWork officials and SoftBank are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87 percent.
Japan Times
BUSINESS / Companies
Nov 7, 2019
SoftBank's Son says it's business as usual after record loss, but Tokyo traders aren't buying it
Masayoshi Son wants investors to believe that a record loss from investments in money-losing startups WeWork and Uber Technologies Inc. is but a bump in the road. Some aren't buying it.
Japan Times
BUSINESS / Companies
Nov 5, 2019
SoftBank to tighten governance standards for firms it invests in: report
Following related issues at WeWork, SoftBank Group Corp. will introduce new standards to tighten corporate governance at companies in which it invests, the Financial Times reported Monday.
Japan Times
BASEBALL / Japanese Baseball
Oct 31, 2019
Hawks' Nobuhiro Matsuda receives seventh straight Golden Glove
It's awards season in Japanese baseball and just like at the end of the actual season, the Fukuoka SoftBank Hawks are front and center.
Japan Times
BUSINESS / Companies
Oct 29, 2019
SoftBank's lame dog: Wag Labs sale talks may take bite out of valuation
Wag Labs Inc., one of SoftBank Group Corp.'s high-profile venture investments, is seeking to sell itself for a knock-down price after growth stalled, according to two people familiar with the situation.
Japan Times
BUSINESS / Companies
Oct 28, 2019
WeWork's path to turnaround challenged by tainted 'cool factor'
Co-working wasn't new when WeWork Cos. came along, but the office-sharing company made it cool, enticing millennials and entrepreneurs with amenities like hip furniture, beer on tap and puppy parties.
Japan Times
BUSINESS / Companies
Oct 26, 2019
SoftBank eyeing burgers and digital pharmacy for second Vision Fund
SoftBank Group Corp. is teeing up investments for the successor to its gargantuan Vision Fund. It's in talks to back a pharmaceutical delivery startup, a company focused on robotic burger-making and a maker of lab-grown meat, according to people with knowledge of the matter.
Japan Times
BUSINESS / Companies
Oct 25, 2019
Uber CEO Khosrowshahi vows to deliver a profit, with help from India
Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is vowing to make his company profitable while pursuing growth from emerging arenas such as India, addressing investors' concerns about the ride-sharing company's mounting losses and global regulatory challenges.
Japan Times
BASEBALL / Japanese Baseball / Sac Bunts
Oct 24, 2019
Hawks display tremendous depth, talent en route to Japan Series three-peat
The only thing left to do is marvel at the absolute playoff strength of the Fukuoka SoftBank Hawks.
Japan Times
BASEBALL / Japanese Baseball
Oct 23, 2019
Hawks sweep Giants to win third straight Japan Series
The end of the NPB season in 2019 looks a lot like it did last year... and in 2017, 2015 and 2014 too.
Japan Times
BUSINESS / Companies
Oct 23, 2019
WeWork accepts $9.5 billion rescue package, with SoftBank taking 80% stake
The SoftBank deal, which includes $5 billion in new financing and an acceleration of a $1.5 billion existing commitment, grants a reprieve to cash-strapped WeWork parent We Co.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?