SoftBank-backed Kavak lays off staff, makes 'significant' cuts -internal email
Synopsis by Reuters Nov 25 22
Mexican online used-car dealership Kavak has made significant spending cuts and ...Read full article 
Reuters: SoftBank-backed Kavak lays off staff, makes 'significant' cuts -internal email
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| Last Updated | Nov 25 22 |
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Singapore’s Steep Car Prices Propel SoftBank’s Unicorn Carro Toward IPO: Where I live, owning a new Toyota Prius can set you back about $150 ...
bloomberg.com/news/newsletters/2024-04-17/singapore-s-steep-car-prices-propel-softbank-s-unicorn-carro-toward-ipo
Buyer of $2bn SoftBank fund plans nimbler venture capital for AI era: TOKYO -- The head of the successor to SoftBank Group's $2 billion fund focused on Asia ...
asia.nikkei.com/Business/Startups/Buyer-of-2bn-SoftBank-fund-plans-nimbler-venture-capital-for-AI-era
Weight-loss drug developer Metsera raises $290 million in funding: Weight-loss drug developer Metsera has raised $290 million in funding, led by biotech investor ...
reuters.com/business/healthcare-pharmaceuticals/weight-loss-drug-developer-metsera-raises-290-million-funding-2024-04-18/
Delivery App Rappi Taps CFO to Get Startup IPO Ready: Rappi Inc., one of Latin America’s most valuable startups, hired its first chief financial officer to ...
bloomberg.com/news/articles/2024-04-11/delivery-app-rappi-taps-cfo-to-get-startup-ipo-ready
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View, the SoftBank-backed window maker, is filing for bankruptcy: The glassmaker struggled with cash burn and product failure for years, View insiders told BI.
businessinsider.com/softbank-backed-view-files-bankruptcy-spac-struggles-2024-4
Window-Maker View to File for Bankruptcy to Reduce Debt: View Inc., a window-maker partly owned by SoftBank Group, filed for bankruptcy Tuesday with a proposal ...
bloomberg.com/news/articles/2024-04-02/softbank-backed-window-maker-to-file-for-bankruptcy-to-cut-debt
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Japan orders local giants LINE and NAVER to disentangle their tech stacks: Government mighty displeased about a shared Active Directory that led to a big data ...
theregister.com/2024/03/06/japan_line_naver_infosec_guidance/
U.S. nuclear fusion startup draws investment from Itochu, SoftBank: PALO ALTO, California/TOKYO -- Trading house Itochu and investment company SoftBank Group are ...
asia.nikkei.com/Business/Technology/U.S.-nuclear-fusion-startup-draws-investment-from-Itochu-SoftBank
Saudi Arabia Sets Up Industrial Robotics Facility With SoftBank: Saudi Arabia’s new $100 billion investment firm announced a string of deals Tuesday ...
trib.al/DCLfSKr
SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture
techcrunch.com/2024/02/19/softbanks-masayoshi-son-is-reportedly-seeking-100b-to-build-a-new-ai-chip-venture/
Saudi tech firm Alat to partner with SoftBank, others: Saudi Arabian tech company Alat, owned by the country's Public Investment Fund, on Tuesday announced ...
reuters.com/technology/saudi-tech-firm-alat-partner-with-softbank-others-2024-02-20/
Quick Glance: Everton climbs out of relegation zone after draw
- Amadou Onana's goal secures Everton a draw against Crystal Palace.
- The draw lifts Everton out of the Premier League relegation zone.
- Jordan Ayew leads Palace in the second half post Roy Hodgson's resignation.
- Palace is five points clear of relegation, with Everton and Luton tied in points.
AI: UK chip designer Arm sees shares almost double: The firm's shares have soared since its earnings announcement last week and are now up more than 98%.
bbc.com/news/business-68281047
SoftBank, Nvidia and Microsoft team up to use AI in mobile base stations: The alliance aims to work together in preventing communications congestion and ...
japantimes.co.jp/business/2024/02/27/tech/softbank-nvidia-microsoft-ai-alliance/
Masayoshi Son Wants to Turn SoftBank Into an AI Powerhouse: Japan’s most ambitious tech investor is once again mobilizing mountains of cash to help speed us into ...
bloomberg.com/news/newsletters/2024-02-20/masayoshi-son-wants-to-turn-softbank-into-an-ai-powerhouse
SoftBank Founder Masayoshi Son Seeks to Build AI Chip Venture to Rival Nvidia: SoftBank Group Corp. founder Masayoshi Son is seeking as much as $100 billion to ...
bloomberg.com/news/articles/2024-02-16/masayoshi-son-seeks-to-build-a-100-billion-ai-chip-venture
Paid articlePaid SoftBank to set up robotics venture with Saudi Arabian company: TOKYO -- SoftBank Group on Tuesday said it will establish a robotics joint venture with a unit of ...
asia.nikkei.com/Business/SoftBank2/SoftBank-to-set-up-robotics-venture-with-Saudi-Arabian-company
Arm's gains are SoftBank's gains | TechCrunch: Arm had an exceptionally strong quarter -- which is very welcome news for Softbank and its Vision Fund.
tcrn.ch/42ADC5g
Quick Glance: SoftBank's Profits Soar Due to T-Mobile and Arm Holdings
- SoftBank Group Corp. achieved its first profit after four consecutive quarters of losses, propelled by a recovery in the value of Vision Fund's public holdings and a boon from T-Mobile US Inc. shares.
- This marks the Japanese company's first profit since September 2022, as it navigates volatile swings in the value of its startup investments.
- The Vision Fund unit reported a ¥422.74 billion gain for the period, up from a loss of ¥660.1 billion a year ago.
- DoorDash Inc., AutoStore Holdings Inc., and Symbotic Inc. were among the top performers contributing to the Vision Fund.
SoftBank Vision Fund Americas Managing Partner Jett to Depart: SoftBank Vision Fund’s Lydia Jett, a managing partner in the Americas, is leaving the investment ...
bloomberg.com/news/articles/2024-02-19/softbank-vision-fund-americas-managing-partner-jett-to-depart
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Microsoft’s AI-RAN Alliance for mobile base stations and cell towers, explained: SoftBank, Nvidia, Microsoft, Nokia, and others have formed the AI-RAN ...
mspoweruser.com/microsofts-ai-ran-alliance-for-mobile-base-stations-and-cell-towers-explained/
Wework insolvency: Adam Neumann's brazen buyback attempt: The once 47 billion dollar coworking giant Wework is in insolvency - and is now receiving an unwanted ...
capital.de/wirtschaft-politik/wework-insolvenz--adam-neumanns-dreister-rueckkauf-versuch-34436648.html
SoftBank’s new focus gives it strong tailwinds: SoftBank Group (9984.T) is regaining its mojo. The Japanese firm reported its first net income in five quarters ...
reuters.com/breakingviews/softbanks-new-focus-gives-it-strong-tailwinds-2024-02-08/
SoftBank Shares Hit Most Overbought Level Since 2003 on Arm Jump: A 34%, three-day surge in SoftBank Group Corp. has pushed its shares to the most overbought ...
bloomberg.com/news/articles/2024-02-13/softbank-shares-hit-most-overbought-level-since-2003-on-arm-jump
Paid articlePaid SoftBank’s new focus gives it strong tailwinds: SoftBank Group is regaining its mojo. The Japanese firm reported its first net income in five quarters on ...
reut.rs/42EoZhh
SoftBank posts first quarterly profit in over a year: TOKYO -- SoftBank Group on Thursday reported its first quarterly profit in more than a year thanks to a ...
asia.nikkei.com/Business/SoftBank2/SoftBank-posts-first-quarterly-profit-in-over-a-year
SoftBank Vision Fund Sold Paytm Stake Before Shares Plunged: SoftBank Group Corp. sold a majority of its stake in Paytm before regulatory scrutiny caused the ...
bloomberg.com/news/articles/2024-02-08/softbank-vision-fund-sold-down-paytm-stake-before-shares-plunged
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SoftBank’s Masayoshi Son adds $4 bln to his wealth on Arm’s 192 pct rally: Masayoshi Son has added about $3.8 billion to his net worth this year as the surging ...
english.alarabiya.net/business/technology/2024/02/13/SoftBank-s-Masayoshi-Son-adds-4-bln-to-his-wealth-on-Arm-s-192-pct-rally
SoftBank CEO Son Is Poised for Best Quarter in Years as Arm Jumps: After a series of brutal setbacks, Masayoshi Son has SoftBank Group Corp ...
bloomberg.com/news/articles/2024-02-07/softbank-ceo-son-is-poised-for-best-quarter-in-years-as-arm-jumps
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SoftBank shares extend their surge, pop more than 15% on earnings beat : Shares of SoftBank Group rose as much as 15.29% on Friday morning after the Japanese ...
cnbc.com/2024/02/09/softbank-shares-extend-their-surge-pop-more-than-15percent-on-earnings-beat-.html
Exclusive: SoftBank-backed Cohesity to buy Veritas data security unit, create $7 bln firm
reuters.com/markets/deals/softbank-backed-cohesity-3-bln-deal-veritas-data-protection-unit-2024-02-08/
Majority Of Wealth Accumulated By World's Rich Traced Back To AI: Among the 500 wealthiest individuals globally, 30 owe part of their fortune to companies ...
indiatimes.com/news/world/majority-of-wealth-accumulated-by-worlds-rich-traced-back-to-ai-627822.html
SoftBank Shares Soar Again After Arm’s Stock Rises 48%: SoftBank Group Corp. shares surged again a day after soaring to their highest finish in two and a half ...
bloomberg.com/news/articles/2024-02-09/softbank-shares-soar-again-after-arm-s-stock-rises-48
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Billionaire Claure forges new empire after WeWork collapse: Marcelo Claure is shaping his own investment empire after the pandemic dealt the final blow to the ...
batimes.com.ar/news/economy/billionaire-claure-forges-new-empire-after-wework-collapse.phtml
SoftBank's Masayoshi Son is ready to go all in on AI: More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go all in on ...
businessinsider.com/softbank-masayoshi-son-jack-ma-bet-ai-2024-2
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SoftBank Group sells another 2% stake in crisis-hit Paytm to under 3%: Paytm Crisis: The Japanese conglomerate held a 17.5% stake in Paytm in September 2022 ...
business-standard.com/companies/news/softbank-group-sells-another-2-stake-in-crisis-hit-paytm-to-under-3-124022900465_1.html
What to Watch From Alibaba, SoftBank, Toyota Earnings Reports: Asia’s tech giants, including Alibaba Group Holding Ltd. and Semiconductor Manufacturing ...
bloomberg.com/news/articles/2024-02-02/alibaba-softbank-earnings-due-after-us-tech-giants-disappoint
Paid articlePaid SoftBank swoops in to rescue WeWork Japan: The development comes just four months after the troubled coworking business — once valued at $47 billion — filed for ...
japantimes.co.jp/business/2024/02/02/companies/softbank-wework-japan-takeover/
Seven Samurai to take on the Magnificent Seven: They call them the Seven Samurai. Analysts from Goldman Sachs Group Inc caused a stir in Tokyo this week with a ...
thestar.com.my/business/insight/2024/02/23/seven-samurai-to-take-on-the-magnificent-seven
SoftBank founder Masayoshi Son seeks to build a $100 bn AI chip venture: Son has been unwavering in his enthusiasm for AGI. In October, he told a large group of ...
business-standard.com/technology/tech-news/softbank-founder-masayoshi-son-seeks-to-build-a-100-bn-ai-chip-venture-124021700079_1.html
JPMorgan Beats Private Credit in $2.5 Billion Debt Deal for SoftBank-backed Cohesity
trib.al/3qsOZvC
SoftBank’s Vision Fund Returns to Investing “Timidly”: Once known for bestowing ten-figure valuations, the firm is now embracing a more modest approach
bloomberg.com/news/articles/2024-02-14/softbank-s-vision-fund-returns-to-investing-timidly
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Masayoshi Son Gains $8 Billion Thanks To SoftBank Profits, Arm’s Share Surge: The SoftBank founder has a net worth of $28.8 billion, according to Forbes’ ...
forbes.com/sites/catherinewang/2024/02/14/masayoshi-son-gains-8-billion-thanks-to-softbank-profits-arms-share-surge/
Japan's Softbank Group takes 10% loss on $1.4 billion Paytm investment: SoftBank currently owns around 5 per cent worth Rs 1,333 crore in One 97 Communications
business-standard.com/companies/news/japan-s-softbank-group-takes-10-loss-on-1-4-billion-paytm-investment-124020901565_1.html
Quick Glance: Paytm Incident: Unveiling the Background
- Revolutionary: Vijay Shekhar Sharma shaped India's digital payment landscape with Paytm.
- Regulatory intervention hinders the growth of fintech unicorn Paytm.
- Inspiration: Vijay Shekhar Sharma draws parallels to U2 song 'Where the streets have no name'.
- Mass Phenomenon: One in three Indians with internet access uses the Paytm app.
SoftBank Group Lifts Nikkei to 34-year High: TOKYO, Feb 9 (Reuters) – Japan’s Nikkei share average hit its highest level in 34 years on Friday ...
japannews.yomiuri.co.jp/news-services/reuters/20240209-167797/
SoftBank Group Corp. 2023 Q3 - Results - Earnings Call Presentation: The following slide deck was published by SoftBank Group Corp.
seekingalpha.com/article/4668635-softbank-group-corp-2023-q3-results-earnings-call-presentation
Paid articlePaid SoftBank-backed Meesho unveils Valmo to enable low-cost deliveries: Valmo would partner with fulfilment centres across the country. This way ...
business-standard.com/companies/start-ups/softbank-backed-meesho-unveils-valmo-to-enable-low-cost-deliveries-124020701392_1.html
SoftBank can get an Arm up from venture capital’s weakness: Japanese group’s likelihood of scoring promising companies at a decent price is positive
ft.com/content/c42b80a2-0207-4b83-8421-3d718a5b85c0
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SoftBank set for biggest two-day rally since 2020 as Arm surges: The Japanese investment giant holds about a 90% ownership stake in the British chip design firm.
freemalaysiatoday.com/category/business/2024/02/09/softbank-set-for-biggest-two-day-rally-since-2020-as-arm-surges/
SoftBank Group logs first quarterly net profit in over a year: Tech shares rebound, and a windfall from T-Mobile stocks contributes to earnings totaling US$6 ...
freemalaysiatoday.com/category/business/2024/02/08/softbank-group-logs-first-quarterly-net-profit-in-over-a-year/
SoftBank Swings to Profit Lifted by Big T-Mobile Windfall: SoftBank Group Corp. swung to its first profit after four straight quarters of losses ...
bloomberg.com/news/articles/2024-02-08/softbank-swings-to-profit-lifted-by-t-mobile-windfall-and-arm
Paid articlePaid SoftBank Corp. (SOBKY) Q3 2024 Earnings Call Transcript: SoftBank Corp. (OTCPK:SOBKY) Q3 2024 Earnings Conference Call February 7, 2024 2:00 AM ETCompany ...
seekingalpha.com/article/4668219-softbank-corp-sobky-q3-2024-earnings-call-transcript
Swiggy revenue jumps 45% to Rs 8,625 cr in FY23, loss widens to Rs 4,179 cr: The SoftBank-backed food delivery firm's financial performance comes at a time when ...
business-standard.com/companies/results/swiggy-revenue-jumps-45-to-rs-8-625-cr-in-fy23-loss-widens-to-rs-4-179-cr-124013100174_1.html
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