Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Japan's SoftBank logs $5.9B loss as tech investments tumble

Por: Associated Press Tech February 07, 2023

TOKYO (AP) — Japanese investor SoftBank Group reported Tuesday that it sank into a deep loss for the October-December quarter, slammed by the global plunge in technology shares. SoftBank Group Corp. racked up a 783 billion yen ($5.9 billion) loss for the fiscal third quarter, a reversal from the 29 billion yen profit recorded the same period a year ago. SoftBank invests in hundreds of companies, including mobile carrier SoftBank, web services... + full article



Similar News

White House doesn't keep visitor logs of Biden, Trump personal homes

CBS News USA Politics January 17, 2023

thumbnailThe White House doesn't keep visitor logs for President Biden's personal residences, the White House counsel's office confirmed Monday. That clarification came as some House Republicans have begun calling for visitor logs of Mr. Biden's Wilmington, Del.,... + más

Republicans react to Biden White House secrecy around Delaware visitors: 'a bunch of malarkey' | Fox News

House GOP demands visitor logs in Biden classified docs case | WPTV


UK PM reportedly restarts talks with SoftBank about listing Arm in London

CNBC USA Business January 09, 2023

thumbnailIn this articleSoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial Times reported.Akio Kon Bloomberg Getty ImagesBritish Prime Minister Rishi Sunak reopened negotiations... + más

SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes

Japan's SoftBank returns to profit as investments rebound | Associated Press


SoftBank’s Asia Fintech Investments Could Still Pay Off Big

Forbes USA Business December 15, 2022

thumbnailSoftBank, like many other funds, hasn't had the best 2022. Getty Images It has been a tough year for Japan’s SoftBank and its CEO Masayoshi Son. Neither the company nor Son is weathering the global tech slump and general rising investor skepticism towards growth-first,... + más

Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG | Fox Business

The Future Of Fintech, According To AI | Forbes


Inside SoftBank Vision Fund's awful, terrible, really bad year. How the venture fund tumbled, according to former employees, investors and rival VCs.

Business Insider USA Business December 09, 2022

thumbnailWhen SoftBank investors tuned into a smiling Masayoshi Son — dressed comfortably in a dark mock-turtleneck and blazer — told them this would be his last time presenting the data.For decades, the SoftBank chair and CEO had turned a routine call into a mesmerizing event with... + más

Japan's SoftBank returns to profit as investments rebound | Associated Press

The #1 Skill That VCs Should Have And Entrepreneurs Should Seek | Forbes


Japan's SoftBank returns to profit as investments rebound

Associated Press USA Business November 11, 2022

thumbnailTOKYO (AP) — Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion... + más

Japan’s SoftBank Turns a Profit After Reducing Stake in Alibaba | MarketWatch

Izuma Networks Acquires SoftBank’s Pelion IoT Device Management Business | Forbes


Japan’s SoftBank Turns a Profit After Reducing Stake in Alibaba

MarketWatch USA Business November 11, 2022

thumbnail(ticker: SFTBY), led by billionaire Masayoshi Son, said in August it would in e-commerce site (BABA) to around 15% from 24%. Alibaba and other technology companies have had a rough year as central banks started raising interest rates to contain inflation. Alibaba’s American... + más

Japan's SoftBank returns to profit as investments rebound | Associated Press

Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch


Izuma Networks Acquires SoftBank’s Pelion IoT Device Management Business

Forbes USA Tech October 04, 2022

thumbnailIzuma NetworksIzuma Networks SoftBank invests in the new company Today, announced the acquisition of SoftBank’s Pelion edge software business, including the IoT device management products. Izuma inherits the extensive software and intellectual property portfolio that Arm’s... + más

SoftBank CEO Masayoshi Son seeking 'strategic alliance' between chipmaker Arm and Samsung | CNBC

SoftBank plans at least 30% staff cuts to Vision Fund, source confirms | CNBC



About iurex | Privacy Policy | Disclaimer |