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SoftBank's founder compared himself to Jesus and Yoda. His tech fund lost a record $32 billion this...
Business Insider via Yahoo Finance· 1 year agoSoftBank CEO Masayoshi Son is facing embarrassing losses at his Saudi-backed fund.Kyodo News...
SoftBank-Backed Genetic Testing Invitae's Descent from $7B Valuation to Near-Bankruptcy
Benzinga via Yahoo Finance· 4 months agoInvitae Corporation (NYSE:NVTA), backed by SoftBank Group (OTC:SFTBY) (OTC:SFTBF), is reportedly on...
SoftBank's executive exodus leaves Masayoshi Son in a bind
Pitchbook via Yahoo Finance· 2 years agoThis article was updated Sept. 29 to reflect news of layoffs at SoftBank's Vision Fund. For years, SoftBank has been losing leaders. Nikesh Arora, a former Google executive and heir apparent ...
SoftBank set to gain $5.12 billion from Arm Holdings' IPO amid new investment moves
Investing.com via Yahoo Finance· 9 months agoIn a recent development, SoftBank (TYO:9984) Group is set to benefit from a significant financial gain following the initial public offering (IPO) of Arm Holdings (NASDAQ:ARM), a leading chip-design ...
Decoding SoftBank-backed Arm's blockbuster IPO
Pitchbook via Yahoo Finance· 10 months agoSoftBank CEO Masayoshi Son has said Arm will benefit from the AI wave. (KAZUHIRO NOGI/Getty Images) SoftBank-backed chip designer Arm has filed for an IPO on the Nasdaq in what could be the ...
SoftBank's Son is ready to invest again
Pitchbook via Yahoo Finance· 12 months agoSoftBank chief Masayoshi Son said Wednesday that after a period of refraining from making new investments the technology group is ready to make a big push into artificial intelligence. Son admitted ...
Generative AI wave catches SoftBank on its back foot
Pitchbook via Yahoo Finance· 1 year agoYoshimitsu Goto, board director of SoftBank Group, used the company's earnings call on Thursday as an opportunity to proclaim that generative AI was too transformative an innovation for it to ...
SoftBank Ventures Asia sale reflects Masayoshi Son's pivot towards caution
Pitchbook via Yahoo Finance· 1 year ago(NurPhoto/Getty Images) SoftBank's Asia-focused VC arm is the latest casualty of a strategic shift at the Japanese conglomerate, which has slashed costs and scaled investments to buy time after ...
SoftBank Vision Funds profit chips away at $7.5B in cumulative losses
Pitchbook via Yahoo Finance· 10 months agoSoftBank Group CFO Yoshimitsu Goto speaks at Tuesday's earnings call. SoftBank's Vision Funds are finally back in the black. The unit—Vision Fund 1 and 2 and its Latin America strategy—reported ...
2023 is shaping up to be a big year for dealmaking in live sports. Here's why.
Business Insider via Yahoo Finance· 1 year agoHappy Friday. Dan DeFrancesco in NYC. I can't stop laughing at the winner of this year's Comedy...