Por: ABC News Tech May 12, 2023
TOKYO -- Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a 1.7-trillion-yen ($13-billion) loss the previous fiscal year.The latest results came from massive losses on its investments, called the SoftBank Vision Fund, amid a global plunge in technology shares.The gains from... + full article
WPLG Local 10 USA Tech May 11, 2023
TOKYO – Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a .The latest results came from , called the... + 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
Associated Press USA Tech May 11, 2023
TOKYO (AP) — Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a .The latest results came from , called the... + más
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
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
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
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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