Por: The Boston Globe Tech April 11, 2023
The tech startup bubble inflated with a big assist from Japanese investor SoftBank Group, which poured more than $100 billion into the market. Now that the air has come out of the bubble, some prominent local startups that got backing from SoftBank are struggling.Pear Therapeutics, which is developing prescription software treatments for substance abuse disorders, filed for bankruptcy on Friday. SoftBank owned 9 percent of the company, according... + full article
Forbes USA Business February 12, 2023
SoftBank Group Corp Chairman and CEO Masayoshi Son.Alessandro Di Ciommo/NurPhoto via Getty Images Japanese billionaire SoftBank Group reported earnings for the December quarter this week that revealed its Vision Fund division posted an investment loss of $5.5 billion and pulled... + más
SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes
SoftBank's Vision Fund posts fourth straight quarter of losses as tech slump hits Japanese giant | CNBC
ABC News USA Business February 07, 2023
TOKYO -- 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... + más
Japan's SoftBank logs $5.9B loss as tech investments tumble | Associated Press
Associated Press USA 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,... + más
Japan's SoftBank returns to profit as investments rebound | Associated Press
CNBC USA Tech February 07, 2023
In this articleSoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics.Kentaro Takahash Bloomberg... + más
Forbes USA Business December 15, 2022
SoftBank, 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
Business Insider USA Business December 09, 2022
When 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
The #1 Skill That VCs Should Have And Entrepreneurs Should Seek | Forbes
Associated Press USA Business November 11, 2022
TOKYO (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
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