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Articles for Softbank Group, search results for group

Why is tech giant SoftBank investing over $100 billion in the US?
6 days, 16 hours ago

Why is tech giant SoftBank investing over $100 billion in the US?

Associated Press  

BANGKOK — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years. Trump said the investments in building artificial intelligence infrastructure would create 100,000 jobs, twice the 50,000 promised when Son pledged $50 billion in U.S. investments …

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Japan’s SoftBank Group trims investment losses but remains in red for fiscal year
7 months, 1 week ago

Japan’s SoftBank Group trims investment losses but remains in red for fiscal year

Associated Press  

TOKYO — SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology company said Monday. By quarter, SoftBank Group, which invests in artificial intelligence, robotics, autonomous driving and other technology, recorded its second straight quarterly profit, at …

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Silicon Valley Bank collapse may increase scrutiny of SoftBank Group investments
1 year, 9 months ago

Silicon Valley Bank collapse may increase scrutiny of SoftBank Group investments

Live Mint  

The spectacular collapse of Silicon Valley Bank might increase trouble for other US lenders, and bring SoftBank Group Corp. investments under tightened scrutiny. The shaken confidence of the investors might even bring down SoftBank Group Corp's share below CEO Masayoshi Son’s pain point, reported Bloomberg. SoftBank has made it clear that it expects barely any impact from the US lender's …

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OMERS, Actis eye stake in SB Energy
4 years, 3 months ago

OMERS, Actis eye stake in SB Energy

Live Mint  

Canadian pension fund Ontario Municipal Employees’ Retirement System, private equity fund Actis Llp and Brookfield Asset Management Inc. have submitted bids to buy SoftBank Group Corp.’s stake in SB Energy Holding, two people aware of the development said. A SoftBank spokesperson in an emailed response said, “Since its inception in 2015, SB Energy has grown significantly in terms of footprint, …

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