SoftBank says it has almost entirely pulled out of Alibaba Group Holding Ltd (NYSE: BABA). Shares of the Chinese tech titan are still up some 4.0% on Monday.
Japanese technology investor Softbank Group believes it has an advantage over smaller rivals because it can leverage its entire $183.6 billion portfolio to help it build an ecosystem of firms that can
Japanese investment conglomerate and owner of British semiconductor giant Arm Holdings PLC (NASDAQ:ARM) posted its second sequential quarterly profit, but remained a loss-maker on a yearly basis. Acco
The Japanese investment company said its net asset value nearly doubled thanks to the rising share price of its U.K. chip-design unit, Arm.
SoftBank posted a 7.24 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.

SoftBank swings to Q4 profit of $2.1 bln

02:16am, Monday, 13'th May 2024
Japanese technology giant SoftBank Group swung to a quarterly profit on Monday, reporting a net profit of 328.9 billion yen ($2.11 billion) for the January-March period.
The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up an AI chip unit to build a prototype by spring 2025, according to the report.
Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings , , its core asset, performing wel
SoftBank CEO Junichi Miyakawa said on Thursday that the Japanese telecommunications firm is in talks with South Korea's Naver over control of LY Corp , which operates the popular messaging app Line.
Softbank is circling Graphcore, the troubled British semiconductor startup which once reached a valuation of £2.3 billion.  A sales process for the microchip firm was launched back in February afte
A UK-based firm, Wayve, specializing in artificial intelligence (AI) technology for self-driving cars, has raised a groundbreaking $1.05 billion (£840 million) in what marks the largest investment in
Japan's SoftBank Group is in talks to buy artificial intelligence (AI) chipmaker Graphcore, Bloomberg News reported on Wednesday, citing people familiar with the matter.
British self-driving car technology startup Wayve on Tuesday said it had raised $1.05 billion in an investment led by Japan's SoftBank.
British autonomous driving startup Wayve has attracted more than $1 billion in funding from some of the largest global names in technology, including Nvidia, Microsoft and SoftBank. The investment is
British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles
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