Softbank

Masayoshi Son-Led SoftBank, Other Japanese Telecom Giants Working On Establishing High-Speed Space Telecom Networks In Outer Space
This AI Stock Surges Nearly 3% Premarket As SoftBank Reportedly Plans To Launch AI-Powered Medical Service In Japan
Masayoshi Son's SoftBank-Backed Travelperk Acquires AmTrav, Rakes Up $135M From Blackstone, Blue Owl To Boost US Expansion
This AI Stock Surges Nearly 3% Premarket As SoftBank Reportedly Plans To Launch AI-Powered Medical Service In Japan
Masayoshi Son's SoftBank-Backed Travelperk Acquires AmTrav, Rakes Up $135M From Blackstone, Blue Owl To Boost US Expansion
Data Leak In Masayoshi Son's SoftBank-Backed Internet Company Causes Strain In Japan-South Korea Relations
Elliott Management Rebuilds Significant Stake In Masayoshi Son's Softbank, Pushes For $15B Share Buyback: Report

Softbank Recent News

Nvidia Chips To Power Softbank's Near $1B AI Investment: Report
SoftBank is set to invest a whopping $960 million over the next two years to create a cutting-edge Japanese-language-specific generative AI model and enhance its computing facilities.
Softbank-Backed Cohesity To Acquire Veritas Data Security Unit For $3B: Report
Cohesity, a U.S.-based data security software company, is set to acquire the data protection business of Veritas, a subsidiary of Carlyle Group.
Activist Investor Presses Mitsui Fudosan To Offload Tokyo Disney Resort Operator Shares, Proposes $6.7B Buyback: Report
Elliott Management, a U.S.-based investment fund, has been increasing its stake in Mitsui Fudosan, Japan's top property group, since last year. This has positioned Elliott as one of the developer's five largest shareholders, giving it the leverage to make these demands.
Jack Ma, Joe Tsai Overtake Softbank As Alibaba's Largest Shareholders After Aggressively Buying Tech Giant's Tumbling Shares
Ma, who retired as Alibaba's executive chairman in 2019, increased his stake in the company by purchasing approximately $50 million worth of shares in the fourth quarter of 2023. This raised his stake to more than 4.3%, making him the largest single shareholder.
SoftBank Gains 5% Boost In Tokyo-Listed Shares With $7.6B Worth T-Mobile Shares
The transaction effectively doubles SoftBank's hold in T-Mobile US, boosting its stake to 7.64% from the current 3.75%.
SoftBank-Backed Improbable Offloads The Multiplayer Group To Keywords Studios For $97M
MPG, famed for their contribution to well-liked games such as Fallout 76 and Medal of Honor: Above and Beyond, was procured by Improbable in 2019.
Former SoftBank Executive To Launch Dirham-Pegged Stablecoin, Says UAE Is The 'New Switzerland'
A new stablecoin pegged against the Dirham was launched which will protect consumers from high inflation rates in the U.A.E. 
'iPhone Of AI': OpenAI's Sam Altman, Apple Design Legend Jony Ive And SoftBank's Masayoshi Son Explore A New Venture
OpenAI's chief Sam Altman, Apple design legend Sir Jony Ive, and SoftBank's Masayoshi Son are in advanced talks to build the "iPhone of AI".
Rene Haas Shines Light On Arm's Dominance Amid 2023's Biggest IPO
Arm Holdings PLC (NASDAQ: ARM), a linchpin for Nvidia Corp.’s (NASDAQ: NVDA) GPUs to function with artificial intelligence (AI), hit the open market on Thursday, marking the largest IPO of 2023 with a
SoftBank's Billion-Dollar Bet On The Future Of AI Trucking
Masayoshi Son Says SoftBank Shifting To 'Offense Mode' To Capitalize On AI Revolution: CNBC
SoftBank Bet On Indian Startups Like Paytm, Zomato — Now Its Looking To Cash In
The story was first published on the Benzinga India Portal.
CoinDesk Parent DCG Sells Prized Crypto Funds At Steep Discount To Raise Capital
Crypto company Digital Currency Group (DCG) is selling stakes in some of its investment funds at a steep discount to raise capital, as it tries to pay back creditors of its bankrupt lending unit Genesis, Financial Times reported, citing U.S. securities filings.
Sorare Inks 4-Year Deal With English Premier League: What Sports And NFT Fans Should Know
Global sports entertainment company Sorare announced a new partnership with the English Premier League. The four-year deal grows on recent partnerships by Sorare and will give the chance to consumers to purchase digital player cards and compete in fantasy football (soccer) challenges.
SoftBank Can't Catch A Break: Fund Invested $100M In FTX
Japanese conglomerate holding company SoftBank is positioned to take a big hit from its investments in bankrupt cryptocurrency exchange FTX. The FTX losses are just the latest in a long string of disastrous investments for SoftBank in recent years that have resulted in billions of dollars of losses.
Serena Williams-Backed Sorare Teams Up With NBA For NFT-Based Fantasy Sports Game
Fantasy sports and blockchain technology company Sorare is partnering with one more professional sports league. Here’s the latest and what it means for the world of sports and non-fungible tokens.
SoFi, Upstart Shares Fall After-Hours: What You Need To Know
It’s been a tough after-hours market on Monday for two fintech businesses.
MLB Fantasy Game Involving NFTs Coming This Summer From Sorare
A company well-known for its soccer non-fungible tokens and gamification is headed to Major League Baseball.
Soccer NFT Platform Partners With MLS: Here's Why It's Important
The U.S. Major Soccer League (MLS) has announced a partnership with a leading sports non-fungible token company to expand the brand into this emerging sector.
Sequoia Capital India Leads $450M Investment Round In Ethereum Layer 2 Solution Polygon
Sequoia Capital has become the latest venture firm to bet big on web3 after leading a $450 million investment round in Polygon (CRYPTO: MATIC).
Want To Invest In A Crypto Exchange That's Now Worth Three Robinhoods With A Massive $32B Valuation?
Major U.S.
Cambridge, SoftBank Back Parcel Perform In $20M Series A
While Dana von der Heide and Arne Jeroschewski were working to improve e-commerce logistics within Asia Pacific at DHL, the pair realized advancing the experience for retailers could not be done with just one carrier. 
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Crypto-Friendly UK Challenger Bank Revolut Now Worth $33B After SoftBank Investment
British Bitcoin-supporting (CRYPTO: BTC) challenger digital bank Revolut raised around $800 million in a funding round led by Japanese investment behemoth SoftBank Group Corp (TYO: 9984).