TOKYO (AP) — SoftBank Group sank into losses in the past fiscal year as the value of its global investments declined, the Japanese technology company reported Thursday.
SoftBank Group Corp. reported red ink totaling 1.7 trillion yen ($13 billion) for the fiscal year through March, a reversal from the 4.9 trillion yen profit racked up the previous year.
TOKYO (AP) — SoftBank's planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen through, but the Japanese technology investor immediately turned bullish on taking it public.
TOKYO (AP) — Marcelo Claure, who joined SoftBank Group after turning around one of its key investments, office-sharing business WeWork, is leaving, the Japanese technology company said Friday.
Claure has long been seen as a close aide to SoftBank Chief Executive Masayoshi Son, forging a partnership spanning nine years and overseeing a sprawling investment portfolio.
TOKYO (AP) — SoftBank Group Corp. sank into red ink for the July-September period, dragged down by losses on its investments in China, the Japanese technology conglomerate said Monday.
SoftBank reported a 397.9 billion yen ($3.5 billion) loss for the fiscal second quarter, compared to a 627 billion yen profit recorded the same period the previous year.
TOKYO (AP) — Japanese technology company SoftBank Group Corp. said Monday it bounced back to profitability in the last quarter as its investments improved in value...
TOKYO (AP) — Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U...
TOKYO (AP) — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp...
TOKYO (AP) — SoftBank, the Japanese technology conglomerate famous for seismic and visionary bets, has lost $4...
NEW YORK (AP) — WeWork is accepting a financial rescue package that hands control of the company to Japanese tech giant SoftBank and pushes aside co-founder Adam Neumann and his grandiose vision of changing the world through communal working...
TOKYO (AP) — American office space-sharing company WeWork has obtained $3 billion in funding from Japanese technology conglomerate SoftBank Group Corp...