SoftBank swung back to black for the first time in three quarters with a profit of more than $21 billion, as gains from a sale of some of its stake in Chinese e-commerce company Alibaba offset losses
SoftBank Group Corp on Friday booked a first-half net loss, hurt by a slide in its tech portfolio.
Masayoshi Son has long presided over a quarterly earnings ritual of zany slide presentations, but he is planning to step back from the routine when he delivers the company's earnings later this week.
Heading into the World Cup season, CNBC spoke to Josh Brown of Ritholtz Wealth Management on whether Visa or Microsoft will give investors a greater total return over the next 12 months. And James Dem
SoftBank Group Corp is expected to face further weakness in tech stocks when it reports second-quarter earnings on Friday, after two brutal quarters that have shaken Masayoshi Son's tech conglomerate.
Macquarie Capital Senior Equity Research Analyst Paul Golding joins Yahoo Finance Live Brian Sozzi, Brad Smith and Julie Hyman to discuss the Outperform rating on SoftBank, being bullish on the conglo
Insiders told us the smart-glass company "burned cash and struggled with product failures for years."
SoftBank Group Corp has created an executive committee to oversee its second Vision Fund, Latin America funds and any future funds, its founder and Chief Executive Masayoshi Son said in a memo to empl

SoftBank loses $500 million from THG disposal

06:13am, Tuesday, 18'th Oct 2022
Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG.
THG PLC (LSE:THG) shares jumped after Japan's Softbank agreed to sell its entire stake to the company's founder Matthew Moulding and the Qatar sovereign wealth fund, firing more speculation of a poten
Mexican online used-car dealership Kavak has expanded to the United Arab Emirates (UAE), Oman and Saudi Arabia, boosting its presence in emerging-market countries, the firm's chief executive, Carlos G
SoftBank Group Corp founder and CEO Masayoshi Son discussed on Tuesday a long-term cooperation between chip designer Arm and Samsung Electronics , but did not propose the South Korean firm to invest i
SoftBank's Vision Fund is reducing its global workforce by a whopping 30%, Bloomberg reports.
Japanese conglomerate SoftBank Group Corp. has started laying off employees at its loss-making Vision Fund, according to people familiar with the matter. The cuts are expected to exceed 30% of the un
The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to a re
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