SoftBank Group shares 9984, -7.33% fell sharply after the Japanese technology and investment company posted a second-quarter net loss due to weak tech investment results.
Japanese conglomerate SoftBank Group Corp.'s flagship Vision Fund reported another loss with the drop in valuations at WeWork Inc. and other portfolio companies. Peter Elstrom reports on Bloomberg T
CNBC's Deirdre Bosa reports on news from SoftBank.
Japan's SoftBank posted a wider-than-expected September-quarter loss, and its single largest investment, Arm Holdings, is falling in value
Tech conglomerate and investor SoftBank has lost $14.4 billion so far on WeWork. The office-sharing firm filed for bankruptcy earlier this week.
A new boom in AI could be a tailwind. But the company may struggle to fully take advantage—unless it can repair reputational damage from the last big tech bust.
The Japanese tech investor sank deeper into the red as it reported write-downs related to the bankruptcy of office-sharing company and technology shares stayed under pressure.
SoftBank Group on Thursday booked a quarterly loss of 789 billion yen ($5.22 billion), marking its fourth straight quarter in the red, as investment losses offset proceeds from the initial public offe
SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.
Court papers reveal Japanese conglomerate transferred money less than a week before office rental group filed for bankruptcy
Masayoshi Son's is in focus on Wall Street because of his support of WeWork Inc., whose bankruptcy is a blow to the finances and credibility of the Japanese billionair'es SoftBank Group Corp. Bloomber
The office sharing start-up was once valued at $47 billion.
WeWork , the SoftBank Group -backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday, after its bets on companies using more of its
Japan's SoftBank Corp's bond-type shares were listed on the Tokyo Stock Exchange on Thursday in the first such listing in Japan, raising a total of 120 billion yen ($799 million) on strong retail and
South Korea's SK Hynix Inc , the world's second-largest memory chip maker, said on Wednesday it has not approached Japan's SoftBank Group for a partnership concerning a possible deal with memory chipm
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