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Monday, Sep 21, 2020
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Softbank group corp

Sep 16, 2020 05:55
Trump has ordered ByteDance to divest TikTok amid US concerns user data could be passed to China’s Communist Party government. He has threatened to ban TikTok in the United States as early as Sunday if ByteDance does not comply. read more
Sep 04, 2020 14:02
TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of the Chinese state. read more
Sep 02, 2020 14:50
In India, where Amazon has over 100 million registered users, Amazon is better placed to use financial services to win subscribers to its annual $13 Prime plan which offers faster shipping and music and video streaming, tech executives said. read more
Aug 15, 2020 06:16
The company has been focused on whittling costs after its initial public offering was shelved last year. Its cash burn -- or free cash outflow -- was $671 million in the quarter, due to $116 million in non-recurring restructuring expenses which included severance linked to layoffs. read more
Aug 11, 2020 13:25
Chief Executive Masayoshi Son has long pointed to the total value of assets as his preferred measure of success. The Japanese conglomerate plunged to a record operating loss in the year ended March following huge writedowns at the $100 billion fund. read more
Aug 11, 2020 09:56
The Nikkei 225 Index was up 1.59% at 22,686.10 by 0200 GMT with industrial and healthcare shares leading the gains. The broader Topix index rose 1.98%. read more
Jul 10, 2020 07:48
SoftBank Group shares have surged 138% from a low in March, taking the Tokyo-based company’s market value to $125 billion. read more
Jul 07, 2020 07:23
SBG Cleantech is a joint venture between SoftBank and Bharti Enterprises. read more
Jun 30, 2020 08:18
OneWeb makes so-called low-Earth orbit satellites that provide high-speed communications. It faces competition from Elon Musk’s SpaceX Starlink project and Jeff Bezos’s Amazon-linked Project Kuiper. read more
Jun 18, 2020 15:34
With the latest round, Splyt has raised a total of $35 million, including an earlier investment by Southeast Asia’s ride-hailing giant Grab. SoftBank Corp. declined to disclose the exact amount of its contribution, but said the deal gives it a seat on Splyt’s board. read more
May 21, 2020 14:36
The sale of 240 million shares for a yet to be determined price and set to close on May 26 will leave SoftBank Group with a 62.1% stake in Japan’s third-largest wireless carrier. read more
May 18, 2020 13:33
Tokyo-based SoftBank announced Ma’s resignation Monday, ahead of releasing financial results. It did not say why he was leaving. read more
May 03, 2020 16:14
Indonesia’s Tokopedia is backed by the likes of SoftBank Group Corp’s Vision Fund and Alibaba. Its CEO William Tanuwijaya is one of the most prominent tech personalities in the country. read more
May 01, 2020 16:47
A big-eyed robot named “Pepper” - appropriately wearing a protective mask - stood waiting to welcome visitors. read more
Apr 23, 2020 19:36
The Cupertino, California-based technology giant is working on three of its own Mac processors, known as systems-on-a-chip, based on the A14 processor in the next iPhone. read more