Por: Fox Business Business April 13, 2023
Check out what's clicking on FoxBusiness.comSoftBank is reportedly selling almost all of its remaining shares in Alibaba, limiting its exposure to China and raising cash as its tech investments take a hit in a market downturn.The Japanese group has sold about $7.2 billion worth of this year, after selling a record $29 billion last year, according to the Financial Times. The sale will eventually cut SoftBank’s stake to just 3.8%,... + full article
New York Post USA Tech June 22, 2023
SoftBank’s billionaire CEO Masayoshi Son admitted he “had a big cry” after soul-searching last year — because he realized that he would never be able to live out his dream to become an architect. “I had a big cry. The tears didn’t stop for days,” the Japanese tech... + más
Some Boston startups backed by Japanese giant SoftBank are floundering | The Boston Globe
SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes
The New York Times USA Tech June 21, 2023
In late March, Daniel Zhang unveiled what was called the “” overhaul in the 24-year history of Alibaba, one of China’s original technology conglomerates, splitting the company into six units that would help them seek out investors from the public.Now, Mr. Zhang, the tech... + más
NFL Playoff Scenarios | ABC News
Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle | ABC News
MarketWatch USA Business April 13, 2023
Alibaba stock advanced 1.8% in Thursday U.S. premarket trading. The sprawling tech conglomerate, which has a core e-commerce business as well as interests spanning cloud computing, artificial intelligence, and digital media, , opening the door to spinoffs. The move, a bid to... + más
What Are the Duties of A Trustee? | Forbes
Alibaba Stock Rises as SoftBank Eyes the Exit. China Tech Sees the End of an Era. | MarketWatch
The Boston Globe USA 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... + más
Japan's SoftBank returns to profit as investments rebound | Associated Press
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
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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