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SoftBank to rescue cash-strapped WeWork with $8 billion bailout deal
WeWork, a unicorn once valued at $47 billion, is now worth as little as $7.5 billion as SoftBank takes control of the cash-strapped startup. …
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Softbank Dumps 1.1% of Its Visions Fund in a Smart Window Glass Company
SoftBank Vision Fund maintains its extravagancy amid Saudi journalist crisis as the investment firm on Friday announced it has sunk $1.1 billion into View …
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Saudi Arabia plans to bet extra $45B on SoftBank’s next Vision Fund
Saudi Arabia’s sovereign wealth fund is planning to double its bet on SoftBank Group Corp. with another $45 billion investment, supporting Masayoshi Son’s second …
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SoftBank Enjoys a Wealth of Exciting Returns from South Asia
IN BRIEF: Japan’s SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of stake in …
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Tiger Global pours $1 billion into SoftBank
U.S. hedge fund Tiger Global Management has invested over $1 billion in Japan’s SoftBank Group, Bloomberg reports. SoftBank shares increased the most it has …
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SoftBank strengthens its stake in Yahoo Japan in a new $2 billion deal
Altaba Inc. formerly known as Yahoo! Inc is selling around $2 billion worth of its stake in Yahoo Japan to SoftBank as part of …
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SoftBank investment of $25 billion to rock Saudi’s FDI
According to the Bloomberg reports, the recent SoftBank investment will be in Saudi Arabia. The investment worth $25 billion will take place over the …
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SoftBank Uber deal might rescue the ride-hailing giant
Uber Technologies Inc. has been shuffling between all the troubles it is facing for a while now. The most recent one is the cancellation …
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Coworking office spaces company WeWork attains investment worth $4.4 billion
There was a time when production of certain objects or even services would be dealt with by a person independently. Now that isn’t the …
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Softbank Acquires Boston Dynamics- Is This The End of Google’s Robotic Dreams?
The 25-year old lab, Boston Dynamics, is the most promising robotics company the world has seen. It is a company spun out of the …
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Why is SoftBank Investing in India’s Solar Ambitions?
Softbank Group is in talks with the Indian Government to accelerate the use of renewable energy charge electric vehicles in the country. India has …
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SoftBank Backs Up a Brazilian Ride-hailing App with $100 Million
With the problem of consistent traffic and rising levels of pollution, using public transportation instead of private vehicles is a preferable option these days. …
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Meet UK’s Latest $1 Billion Tech Startup
A five-year-old British VR startup Improbable has been valued at more than $1 billion after raising $502 million from Japan’s SoftBank. The investment is …
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Guardant Health Raises $360M Investment to Create Cancer Screenings for Early Detection
Guardant Health, a California biotechnology company that is developing a tool to potentially detect cancer has won a round of investment worth $360 million. …
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Softbank Nears on Closing $95 Billion Tech Fund
Japanese teleco Softbank Group Corp. could announce a closing on a tech fund worth up to $95 billion as soon as next week, said …
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SoftBank CEO Pledges $50 Billion to U.S. Tech Industry
After the hype surrounding the U.S. presidential elections ended, the newly elected President Donald Trump expressed some of his major concerns. One of the …
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SoftBank Corp. invested $1 million stakes in South Korea’s Startup – Coupang
Today, massive multinational telecom and Internet corp. – Softbank Corp. invested $1 million stakes in Coupang – the South Korea’s largest online retailer company …
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Sprint Confirms Negotiations with SoftBank of Japan
After struggling with deep losses and a debt load for half of a decade Sprint Nextel Corp. has found its lifeline. The company has announced that it is in negotiations with SoftBank Corp., the Japanese cellphone company. The Japanese company also confirmed that it considered making a substantial investment in the No. 3 US carrier. The possible takeover could turn around Sprint Nextel Corp. as the company has also been affected by the latest wireless consolidation.
