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softbank

138 posts
softbank

Policy Bazaar founder says capital raise from Softbank was a ‘Mistake’

It is not often that you see unicorn founders speaking up to…

SoftBank CEO Masayoshi Son resigns from Alibaba board

Within a month of Jack Ma’s resignation from the Softbank board, Masayoshi…
softbank

SoftBank announces $100 million fund for founders of colour to aid fight against racial disparity

SoftBank has recently announced a $100 million+ fund for founders of colour,…
softbank

Softbank Vision Fund to lay off 10% of its workforce following historic losses

Following a $17.7 billion loss amid crumbling valuations of portfolio startups, Softbank…

SoftBank could sell $20Bn worth of T-mobile stake to pare Vision Fund losses: Report

Softbank is reportedly selling part of its stake in T-Mobile through a…

Softbank records historic $18 Billion loss as startup investments crumble

Softbank’s latest financial reports reveal an overall operating loss of 1.36 trillion…

Jack Ma to step down from Softbank board

In what would come as yet another setback to Softbank and Masayoshi…

Softbank to book more loss due to an additional $6.6Bn write down of WeWork investment

It seems the WeWork pain is seemingly endless for Softbank. After already…

Softbank projects Vision Fund losses at a staggering $24 Billion

In what seemed almost certain, Japanese tech behemoth Softbank announced today, that…

WeWork sues Softbank for its $3 billion share purchase walkout

WeWork, as anticipated, is suing Japanese tech conglomerate Softbank, for the latter’s…
softbank

Softbank abandons $3 billion WeWork tender offer to buy Adam Neumann’s, investor shares

Troubled Japanese tech conglomerate Softbank, has announced via a statement, that it…
OneWeb

Softbank-backed satellite internet startup OneWeb files for bankruptcy

In a not-so-proud-to-be first for Softbank, one of its star portfolio companies,…
didi

SoftBank close to investing $300 million in Didi Chuxing’s self driven vehicle unit

Softbank is looking to continue on its mega financing spree, despite significant…
Oyo

OYO is offering cash incentives to COVID-19 impacted hotels in Japan to get them on-board

The effect of the coronavirus has spared none and plagues even the…

Softbank’s Masayoshi Son won’t provide a million free coronavirus tests after all

It is with some reasoning, that wise folks advise you to not…
Oyo

Oyo makes lay offs official, over 5,000 fired globally amid profitability rush

Oyo is making its rumoured lay-offs, official. The company announced today, that…

Softbank reports a staggering 99% fall in profits due to failed WeWork IPO, declining Uber share

Things that were so far being speculated and only talked about in…

Softbank looks to make self driving buses a reality in Japan by April this year

Japanese tech behemoth Softbank is pushing itself once again, to be at…

A startup making robo waiters just raised $32 million in a round led by Softbank

Every sci fi movie ever has had a scene of robots working…