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1 min read

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

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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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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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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2 mins read

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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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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2 mins read

"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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2 mins read

SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon

SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 mi…

Ben Winck   


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2 mins read

Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises

The recent Greensill and Archegos crises have left Credit Suisse under greater scrutiny, putting tw…

Theo Golden   


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2 mins read

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…

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2 mins read

SoftBank Vision Fund 2 fails to raise new funds ⁠— Masayoshi Son says the company will now use its own money for investments

“The performance of Softbank Vision Fund 1 is not that great, therefore we decided to invest our…

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3 mins read

Masayoshi Son says AWS and Microsoft will buy more chipsets from the SoftBank Vision Fund-backed Arm, and not Intel

Out of the 88 companies that the SoftBank Vision Fund 1 has invested in, Son assumes that as man…

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2 mins read

Softbank CEO Masayoshi Son says he and Alibaba's Jack Ma send each other drawings to keep in touch

The two businessmen have been friends for years, and Son said on Monday that they've kept tabs on e…

Katie Canales   


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3 mins read

Weak investment-banking numbers, and gloomy mortgage outlooks weigh on banks' second-quarter earnings

Today's biggest story on Wall Street is the slew of US banks on deck to report their quarterly earn…

Aaron Weinman   


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2 mins read

OYO is cutting costs in Japan by merging its hotel and rental apartment business

OYO in Japan is merging its hotel business and its rental venture – OYO Life. The merged entity wil…

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2 mins read

Pacific Biosciences spikes 29% after announcing a $900 million investment from SoftBank

Pacific Biosciences is set to receive a $900 million investment from SoftBank's SB NorthStar unit i…

Will Daniel   


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7 mins read

What went on inside SoftBank-backed Fair as it burned through cash - plus fresh proptech funding and JPMorgan's new VC coverage group

Against this backdrop there's still plenty of VC appetite on the proptech front, where our real est…

Meredith Mazzilli