Por: MarketWatch Business November 10, 2023
SoftBank Group said Thursday after market close that it booked a net loss of 931.11 billion yen ($6.15 billion), compared with a net profit of Y3.034 trillion in the year-earlier period, which had been boosted by gains from the unwinding of its stake in Alibaba Group. The quarterly net loss compared with the estimated net profit of Y280.26 billion in a poll of analysts by data provider Quick. Its Vision Funds tech investment segment posted a... + full article
MarketWatch USA Business November 09, 2023
SoftBank has a sprawling investment portfolio and tends to have erratic financial results that fluctuate with market trends. That has been highlighted by the troubles at WeWork , which filed for Chapter 11 bankruptcy protection this week amid turmoil in the U.S. commercial... + más
WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality | Business Insider
This Time, WeWork Failed Like a Regular Ol’ Company | Slate
WPLG Local 10 USA Tech November 09, 2023
TOKYO – Japanese technology company SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour. Tokyo-based SoftBank loss totaled 931 billion yen ($6.2 billion) in the last... + más
Once valued at $47 billion, coworking-space provider WeWork nears bankruptcy | Ars Technica
ABC News USA Business August 08, 2023
TOKYO -- Japanese technology company SoftBank Group Corp. continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn.But SoftBank’s April-June red ink, at 477.6 billion yen ($3.4 billion), was smaller than a year ago, when... + más
NFL Playoff Scenarios | ABC News
Le Krewe du Roi celebrates the state at 58th annual Mardi Gras Ball | The Advocate
ABC News USA Tech August 08, 2023
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 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
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