Softbank Group Stock News

Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps towards commercialization with a fresh $1.35 billion investment from Softbank Bank Vision Fund. Softbank had previously committed to investing an additional $1.35 billion, on top of its initial $900 million investment, once Cruise was ready for […]

Microsoft was most likely ready for rigorous anti-trust scrutiny around the world when it decided to purchase Activision Blizzard for $68.7 billion. The deal is the tech giant''s biggest yet, and it''s also set to become the largest all-cash acquisition ever. In the US, the proposed acquisition will be reviewed the Federal Trade Commission instead of the Justice Department, according to Bloomberg . The two agencies are in charge of investigating mergers in the country and typically decide between themselves which one will take charge of a case. FTC''s investigation will reportedly take a close look at how Microsoft''s ownership of Activision could harm rivals by limiting access to the developer''s biggest games. Activision owns hugely popular IPs, including Call of Duty , World of Warcraft and Candy Crush . It''s unclear if Microsoft has plans to release titles exclusive to Xbox and Window PCs in the future, but it''s worth noting Sony is still ahead of Microsoft in terms of gaming hardware sales and that a large chunk of Activision''s revenue comes from PlayStation gamers.

Cybereason, a cybersecurity company backed by SoftBank and Alphabet, has confidentially filed for a stock market listing in the U.S., according to Reuters.

Consequences, Consequences, Who Would Have Guessed… Authored by Bill Blain via MorningPorridge.com, “The downright bleeding obvious is often a surprise!” Markets are great at reacting to a single stimulus but are like a frog in a pan of warming water when it comes to consequential events. Forget “Black Swans” or “no-see-ums”, but figure out how the increasingly complex picture of unfolding events and consequences are driving markets! This morning I am struggling to find a single topic for my usual Friday rant. There are literally so many separate threads driving markets, from recession/recovery indicators, company earnings reports, domestic politics, geopolitics, and rising dissent, that it’s difficult to focus on any one point and paint it as the dominant factor. But, one month in, I’ve formed a pretty unshakable view on the year ahead: 2022 is going to be very different. That does not necessarily mean very bad. Different and Bad are not mutually reinforcing unless you let them be… Whatever happens in coming months, this will be a year of tremendous opportunity… but also danger.

The exit of SoftBank’s chief operating officer comes as the tech giant faces huge challenges.

Japan''s SoftBank Group on Friday said its chief operating officer, Marcelo Claure, is leaving the technology investor, in the latest blow after a string of high-profile departures.

CNBC''s Andrew Ross Sorkin and Alex Sherman reported Thursday that Claure was preparing to resign from the company, citing people familiar with the matter.

Marcelo Claure became a close confidant of SoftBanks founder and played a singular role at the Japanese conglomerate. He was seeking roughly $2 billion over several years.

SoftBank COO Marcelo Claure, who helped run Sprint and rehabilitate WeWork for SoftBank CEO Masayoshi Son, is leaving the company today, sources say.

Softbank (SFTBY) Chief Operating Officer Marcelo is said to be stepping down, according to a CNBC report.Developing story

Cryptocurrency exchange FTX US said on Wednesday it had notched a valuation of $8 billion after raising $400 million in its first funding round from investors including Japan''s SoftBank Group Corp and Singapore''s Temasek Holdings.

By now, many of us are familiar with the warehouse robots which populate those vast spaces occupied by the likes of Amazon and others. In particular, Amazon was very much a pioneer of the technology. But its 2021 now, and allying warehouse robots with a software logistics platform is no longer the monopoly of one []

By now, many of us are familiar with the warehouse robots which populate those vast spaces occupied by the likes of Amazon and others. In particular, Amazon was very much a pioneer of the technology. But its 2021 now, and allying warehouse robots with a software logistics platform is no longer the monopoly of one []

Nvidia Corp is quietly preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp after making little to no progress in winning approval for the US$40 billion chip deal, according to people familiar with the matter.Nvidia has told partners that it doesnt expect the transaction to close, according to one person, who asked not to be identified because the discussions are private. SoftBank, meanwhile, is stepping up preparations for an Arm initial public offering as an alternative to

SoftBank''s Deal To Sell Arm To Nvidia In "Biggest Semiconductor Deal Ever" Killed By Regulators Here''s some more bad news for SoftBank: it''s planned deal to sell its Arm subsidiary to Nvidia - once billed as "the biggest semiconductor deal ever" - is falling apart as the two companies have failed to win approval from global regulators. While much has changed since the deal was struck in September 2020 (for one, a global supply crunch has restricted access to semiconductors, forcing governments to gather their ''strategic assets'' closely like a squirrel with its nuts), one important fact hasn''t: Following the bloodbath in US-traded tech stocks, SoftBank could really use the cash proceeds from the Arm deal to cover its other losses. It''s also a blow to the many bankers working on a deal that was valued at $40 billion back in September 2020. According to Bloomberg , news about the deal''s demise came out of the Nvidia camp; apparently, the company has been telling its own high-ranking employees that it doesn''t expect the deal to be consummated.