SoftBank Corp

SoftBank Corp News

SoftBank Group shares slide 5 per cent as Saudi ties cause concern

Saudi Arabia, which provided much of the funding for the SoftBank Vision Fund, is seeing a growing number of attendees pull out of the "Davos in the Desert" investment conference after the disappearance of a prominent Saudi journalist.

SoftBank's ARM cedes control of China ops to consortium for $775 million

Arm will be selling the 51 percent of Arm Technology China to a consortium led by Hou An Innovation Fund, which is jointly managed by ARM and Chinese private equity firm Hopu Investments.


Grab vanquishes Uber with local strategy, billions from SoftBank

Grab was able to acquire Uber's South East Asian unit on the back of strong local growth, ably backed by tech investor SoftBank.

Uber CEO's Asia trip underscores its persistent global ambitions

Dara Khosrowshahi, Uber's CEO, is looking to restore the ride-hailing firm's image across Asian markets, even if that temporarily comes in the way of global ambitions.

Google Brain co-founder raises $175 million fund for AI startups

Former head of Google's artificial intelligence project, Andrew Ng, has decided to join the AI Fund, which includes SoftBank, and promotes startups working on artificial intelligence.

Uber investors make billions from Softbank investment deal

Despite the SoftBank deal reducing Uber's current valuation to $48 billion, early investors earned upto 100 times by selling shares of the ride-hailing service.


Uber to soon disclose price on SoftBank investment deal: Sources

Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor by disclosing the pricing early this week.

Ola expected to get $2 billion from SoftBank, Tencent funding

Ola scored $2 billion in new funding from a group of investors including SoftBank Group Corp and Tencent Holdings Ltd, a person familiar with the matter said

SoftBank buys robotics leader Boston Dynamics from Alphabet

Japanese internet, solar and technology company SoftBank Group Corp. is buying robotics pioneer Boston Dynamics from Alphabet Inc., Google's parent. Softbank which offers the pepper companion robot underlines how robotics is a key part of its business.

SoftBank Group Corp may invest in a London based VR startup

SoftBank Corp. is close to an investment in Improbable Worlds Ltd., a London-based VR startup backed by US venture capitalist Andreessen Horowitz.