SoftBank to Scale Down Its Tech Investments

SoftBank to Scale Down Its Tech Investments

By Christy Gren - Mar 31, 2022

Softbank founder Masayoshi Son advises top executives to halt tech investments amid a collapse in tech stocks and regulatory crackdown.

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Nvidia Corp Surpasses Meta Platforms in Valuation

Nvidia Corp Surpasses Meta Platforms in Valuation

By Christy Gren - Feb 09, 2022

Meta has been bogged down by scandals and investigations while Nvidia has seen a strong year with stupendous growth. Recently, Meta’s stock fell over 26%, wiping off over $230 bi

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SoftBank backed Fortress acquires Accordia Golf for $3.5 billion

SoftBank backed Fortress acquires Accordia Golf for $3.5 billion

By Christy Gren - Nov 23, 2021

SoftBank backed Fortress Investment Group is planning to acquire Accordia Golf, which operates around 170 golf courses in Japan, in a $3.5 billion deal.

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Ticketing app Dice raises $122 million from SoftBank and ex Apple veteran

Ticketing app Dice raises $122 million from SoftBank and ex Apple veteran

By Christy Gren - Sep 28, 2021

Dice is looking forward to expand more after its latest funding round raised $122 million, led by Tony Fadell.

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SoftBank's Son answers some tough questions at AGM

SoftBank's Son answers some tough questions at AGM

By Anna Domanska - Jun 27, 2021

Masayoshi Son of SoftBank was put in the dock at the annual shareholder meeting on Wednesday and grilled over governance failures after the collapse of Greensill and Katerra.

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SoftBank invests $2.8 billion in Norwegian robotics firm AutoStore

SoftBank invests $2.8 billion in Norwegian robotics firm AutoStore

By Anna Domanska - Apr 06, 2021

Japanese investment giant SoftBank Group has struck a $2.8 billion deal for a 40 percent stake in Norwegian warehouse automation company AutoStore, in the latest round of long-term

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SoftBank Rides Recovery on Vision Fund Performance

SoftBank Rides Recovery on Vision Fund Performance

By Anna Domanska - Feb 09, 2021

SoftBank Group Corp’s net profit went up to $11.1 billion (¥1.17 trillion) in the third quarter on the back of stock rallies and asset sales, which has helped the conglomerate t

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DoorDash planning IPO, reports improved revenue due to demand for delivery services

DoorDash planning IPO, reports improved revenue due to demand for delivery services

By Anna Domanska - Nov 16, 2020

The Pandemic and rising demand for food delivery services has helped it ride out any big losses due to the Covid-19 that most businesses are facing. DoorDash has posted revenues of

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Softbank on Repurchasing Spree to Shore up Cash

Softbank on Repurchasing Spree to Shore up Cash

By Anna Domanska - Nov 09, 2020

SoftBank has turned around Vision Fund with a $7.5 billion profit and is meeting its debt commitments with share repurchases and more in a bid to override bad investments of the pa

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