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At Close: Jun 04, 2026
SoftBank leads $50 million funding in HR tech startup Sense
02:05pm, Monday, 06'th Dec 2021 Economic Times India
An increasing demand for such jobs has led to Sense working with around 600 customers, the company said in a statement on Monday. Its customers include firms like Sears, Dell, Adecco, Kindred Healthcare.
SoftBank Tumbles As China Portfolio Slumps, Market Demands More Buybacks
01:05pm, Monday, 06'th Dec 2021 Zero Hedge
SoftBank Tumbles As China Portfolio Slumps, Market Demands More Buybacks SoftBank is having a tough time. Barely one year removed from its post-WeWork "comeback", SoftBank shares are once again in the doldrums as many of the firm''s massive bets on China (its massive stake in Alibaba, along with investments in Didi and several other Chinese firms) have gone sour. And as investors react to Didi''s imminent delisting from the NYSE, and its plans for transferring the shares to Hong Kong, SoftBank is seeing top executives like Marcelo Claure demand massive payout s, leaving it little choice but to liquidate some of its holdings at steep losses. Just as we expected , China''s central bank announced Monday that it would cut its reserve ratio to quiet markets as Evergrande scrambles to make its next round of bond payments. But over in Japan, shares of SoftBank plunged nearly 10%, capping off a 7-day streak of losses (which isn''t over yet), as the Japanese conglomerate was bogged down by its numerous investments in Chinese firms, including Didi.
Futures Rebound From Friday Rout As Omicron Fears Ease
12:51pm, Monday, 06'th Dec 2021 Zero Hedge
Futures Rebound From Friday Rout As Omicron Fears Ease S&P futures and European stocks rebounded from Fridays selloff while Asian shares fell, as investors took comfort in reports from South Africa which said initial data doesnt show a surge of hospitalizations as a result of the omicron variant, a view repeated by Anthony Fauci on Sunday. Meanwhile, fears about a tighter Fed were put on the backburner. Also overnight, Chinas central bank announced it will cut the RRR by 50bps releasing 1.2tn CNY in liquidity, a move that had been widely expected. The cut comes as insolvent Chinese property developer Evergrande was said to be planning to include all its offshore public bonds and private debt obligations in a restructuring plan. US equity futures rose 0.3%, fading earlier gains, and were last trading at 4,550. Nasdaq futures pared losses early in the U.S. morning, trading down 0.4%. Oil rose after Saudi Arabia boosted the prices of its crude, signaling confidence in the demand outlook, which helped lift European energy shares.
TheStalwart: Softbank plunged over 8% in Tokyo trading
12:35pm, Monday, 06'th Dec 2021 Mehabe
RT @TheStalwart: Softbank plunged over 8% in Tokyo trading Source: Bloomberg Markets Our Twitter for Quick Updates: Twitter Follow Us
SoftBank Group shares fell as much as 8% on Monday, their seventh consecutive day of losses, amid mounting problems at Didi and Arm (Financial Times)
12:35pm, Monday, 06'th Dec 2021 Techmeme
Financial Times : SoftBank Group shares fell as much as 8% on Monday, their seventh consecutive day of losses, amid mounting problems at Didi and Arm Japanese group''s business model under scrutiny after setbacks at Didi and Arm send stock prices lower SoftBank Group shares fell 8 per cent on Monday
Tech giant SoftBanks shares get hit as #alibaba and Didi see stock slide
12:15pm, Monday, 06'th Dec 2021 Byte Funding
SoftBank portfolio companies including Alibaba, Arm and Didi Chuxing are all experiencing periods of uncertainty that have hit their market value. READ FULL ARTICLE The post Tech giant SoftBanks shares get hit as #alibaba and Didi see stock slide appeared first on ByteFunding .
SoftBank shares tumble as portfolio companies experience setbacks
11:05am, Monday, 06'th Dec 2021 CNBC
SoftBank portfolio companies including Alibaba, Arm and Didi Chuxing are all experiencing periods of uncertainty that has hit their market value.
What is MetaVPad crypto? Know METAV price prediction & staking
08:01am, Monday, 06'th Dec 2021 Kalkine Media
Highlights Metaverse is the latest crypto sensation and MetaVPad claims to be an incubator for new projects MetaVPad crypto IDO will soon be launched over multiple decentralized exchange platforms Metaverse and blockchain gaming have close ties, and AXS token has gained immensely in 2021 If 2021 was about non-fungible tokens (NFTs) and their linked projects like Axie Infinity, 2022 may well be the year of metaverse coins. Metaverse is not all about blockchain or cryptocurrencies, but there seems to be a close link. Isnt gaming a virtual reality thing? A few blockchain games like The Sandbox and Decentraland are bridging the gap between virtual reality and blockchain. Native crypto tokens of these projects have gained in 2021. The latest addition to this category is the MetaVPad project . What is MetaVPad? On its official website, the project cites metaverse as its heart. MetaVPad claims to serve as an incubator for new promising metaverse projects. Not many details have been provided, but the project seems to be tilted toward cross-blockchain solutions.
Talent engagement & communication platform Sense raised $50mn led by SoftBank
07:13am, Monday, 06'th Dec 2021 StartupNews.fyi
AI-driven talent engagement and communication platform Sense raised $50 million in Series D led by . Sense has, so far, raised $90
Masayoshi son of SoftBank reiterates his support for Indian entrepreneurs and startups
07:01am, Monday, 06'th Dec 2021 StartupNews.fyi
During a media event this week, Softbank''s Masayoshi Son reiterated his commitment to and support for the Indian startup ecosystem. He
Softbank COO spars with Masayoshi Son, demands $2 billion in compensation
06:15pm, Sunday, 05'th Dec 2021 Business Standard
Son and other senior SoftBank executives in Japan are seeking to pay Claure a much smaller sum
At SoftBank, a reported battle over pay with COO Marcelo Claure adds to other bad news TechCrunch
03:01am, Saturday, 04'th Dec 2021 TechCrunch
Not for the first time, SoftBank is having a terrible, horrible, no good, very bad week. Indeed, even while the Japanese conglomerate is known for its extremes be it bold bets, internal squabbles, soured business relationships, or its ability to repeatedly bounce back from the brink some newer developments could prove particularly hard, []
At SoftBank, a reported battle over pay with COO Marcelo Claure adds to other bad news
03:01am, Saturday, 04'th Dec 2021 TechCrunch
Not for the first time, SoftBank is having a terrible, horrible, no good, very bad week. Indeed, even while the Japanese conglomerate is known for its extremes be it bold bets, internal squabbles, soured business relationships, or its ability to repeatedly bounce back from the brink some newer developments could prove particularly hard, []
A Top SoftBank Executive Wants $2 Billion in Pay. His Boss Disagrees.
07:52pm, Friday, 03'rd Dec 2021 New York Times
The SoftBank founder, Masayoshi Son, is locked in a dispute over compensation that his key deputy, Marcelo Claure, insists he should be paid.
SoftBank, BlackRock invest in ESG data firm
02:22pm, Friday, 03'rd Dec 2021 EnvironmentalFinance
Sustainability data firm Clarity AI has raised $50 million in its latest funding round led by Tokyo-based SoftBank Group.
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