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2 mins read

Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank

SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…

Hasan Chowdhury   


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4 mins read

Paytm stock searches for a new bottom despite assurances by the management

The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…

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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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1 min read

Meesho posts first-ever quarterly profits in FY24, claims to be the first profitable e-commerce unicorn in Q2

Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated p…

PTI   


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SoftBank has lost more than $14 billion by betting on WeWork

The Japanese firm, which made a huge bet on WeWork, revealed the losses in the same week that the r…

Hasan Chowdhury   


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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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1 min read

Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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2 mins read

SoftBank-backed chipmaker Arm surges 21% in its trading debut after blockbuster $55 billion IPO

The much-anticipated debut of the chip designer comes amid a broad slump in IPO market following th…

Phil Rosen   


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1 min read

SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown

There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…

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Watch Masayoshi Son get in the groove as Softbank’s ‘golden goose eggs’ followed his famous unicorn slide

Over the years, it’s not just SoftBank’s earnings reports that everyone waits for but also its foun…

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1 min read

Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son

Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and…

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Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK

Masayoshi Son, the founder and CEO of SoftBank, and a long-time friend of Alibaba founder Jack Ma, …

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1 min read

SoftBank CEO says he had a crisis that left him in tears for days and made him question his achievements

Masayoshi Son made the comments, which were reported by The Financial Times, during SoftBank's annu…

Beatrice Nolan   


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5 mins read

Paytm’s optimistic growth projections boost sentiments, shares climb nearly 8%

Shares of Paytm surged sharply on Friday after the company’s analyst meeting on December 1 set an …

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2 mins read

SoftBank's founder compared himself to Jesus and Yoda. His tech fund lost a record $32 billion this year.

SoftBank was once described as a "spaceship." Economic turmoil has brought it crashing to Earth.

Hasan Chowdhury   


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4 mins read

SoftBank Group lost $6 billion on Alibaba shares and another $1.4 billion on Uber during the COVID-19 crisis

One of the world’s most hallowed investors Masayoshi Son revealed that the SoftBank Group lost $6 b…

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2 mins read

Softbank's $9 billion net loss last year has a lot to do with Uber and WeWork

The Softbank Vision Fund had $75 billion invested in 88 startups but they were worth 7% less in…

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"Jack Ma and I will remain friends forever," says Masayoshi Son as Alibaba founder leaves SoftBank board

There was something more disappointing for Masayoshi Son than Softbank’s nearly $9 billion loss and…

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SoftBank's View avoids SEC fine, but is still running low on cash. How it went from investor darling to SPAC disaster.

Insiders told us the smart-glass company burned cash and struggled with product failures for years.

Hayley Cuccinello,Aaron Weinman   


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Top 10 scary quotes from Masayoshi Son during the SoftBank earnings call

Despite his best attempt to put up a brave front, a lot of what Son said about the future of Sof…