SoftBank founder Masayoshi Son has revived discussions for a third vision fund, according to people familiar with the matter. Peter Elstrom reports on Bloomberg Television.
Arm Ltd, the British chip technology firm owned by SoftBank Group Corp , on Wednesday launched its next generation of data center chip technology called Neoverse V2 to meet the explosive growth of dat
Japanese global tech and investment conglomerate SoftBank is said to be weighing the launch of a third Vision Fund or adding money to its Vision Fund 2, which along with its first Vision Fund has been

SoftBank Considers Launching a Third Vision Fund

07:23am, Wednesday, 14'th Sep 2022
The global tech investor is considering the launch as part of a plan to turn a new leaf after poor performance at its two earlier funds.
Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40%, and Naspers is paring its Tencent position.
Japanese conglomerate SoftBank Group Corp. is nearing a deal to sell US asset manager Fortress Investment Group to Abu Dhabi sovereign fund Mubadala Investment Co., according to people with knowle
Forbes is tracking the biggest layoffs in the U.S. this summer as companies react to fears of a looming recession.
SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after CEO Masayoshi Son pledged to reduce costs on a record $50 billion loss at

Softbank Vision Fund cutting 100 jobs: Report

07:27am, Friday, 02'nd Sep 2022
Softbank Group Corp. SFTBY, -0.86% 9984, -0.31% is planning to cut at least 100 jobs or 20% of its staff at the technology firm's Vision Fund, Bloomberg reported Friday. Citing people familiar with th
Arm, the U.K.-based chipmaker owned by SoftBank, filed a lawsuit against U.S. rival Qualcomm demanding that it destroy Nuvia semiconductors based on Arm's architecture.
SoftBank's investment strategy has come under fire after a string of bad bets and a recent rout in technology stocks has battered the fund's performance.
Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., semiconductors), but al
Socar, South Korea's largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Shares of Socar rose 1.25% from its

Why Does SoftBank Keep Selling SOFI Stock?

04:37pm, Thursday, 18'th Aug 2022
SoFi (NASDAQ: SOFI ) stock is in the spotlight after SoftBank (OTCMKTS: SFTBY ) sold shares of the company for the third time this month. In the month of August, the multinational conglomerate has now
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