ByteDance says ‘no plans’ to sell TikTok after US ban law BEIJING: Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a... Published 26 Apr, 2024 11:11am
Markets Japan’s Nikkei falls 2pc after 3-day rally TOKYO: Japan’s Nikkei share average fell 2% on Thursday after a three-session rally, with technology stocks ... Published 26 Apr, 2024 04:15am
Markets Tokyo’s Nikkei inches up at close TOKYO: Tokyo’s benchmark Nikkei index closed slightly higher on Friday, supported by gains from SoftBank Group,... Updated 09 Feb, 2024 12:13pm
Markets Wall St rises as strong data fails to dent rate-pause hopes NEW YORK: Wall Street’s main indexes rose on Thursday as hotter-than-expected economic data failed to erode... Published 15 Sep, 2023 06:32am
Markets Oil cut extension raises risk of Saudi economic contraction this year DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude... Published 10 Sep, 2023 01:01pm
Business & Finance Apple and Samsung to invest in SoftBank’s Arm at IPO TOKYO: Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public... Published 15 Aug, 2023 06:30am
Business & Finance SoftBank in talks to buy Vision Fund’s 25pc stake in Arm NEW YORK: SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision... Updated 14 Aug, 2023 06:56am
Technology SoftBank to shift to ‘offence mode’ as AI booms TOKYO: SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its... Published 21 Jun, 2023 09:55am
Technology SoftBank’s Son says he is ‘heavy user’ of ChatGPT TOKYO: SoftBank Group’s Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the... Published 20 Jun, 2023 09:56am
Business & Finance SoftBank books narrower loss after Alibaba stake sell-down TOKYO: Japan’s SoftBank Group Corp on Thursday posted a sharply narrower annual loss after a capital raise using... Published 15 May, 2023 06:41am
Business & Finance SoftBank posts $7.18bn annual loss as Vision Fund slides further TOKYO: Japan’s SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended... Published 11 May, 2023 01:15pm
Technology Indian taxi startup BluSmart picks EV fight with Uber NEW DELHI: Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country... Published 19 Apr, 2023 10:47am
Business & Finance SoftBank’s Arm China profit drops 90pc in 2022 HONG KONG: Chip technology firm Arm China suffered a 90 percent drop in profit last year despite revenue rising more... Updated 20 Feb, 2023 06:50am
Business & Finance SoftBank Group reports $5.9bn Q3 loss on tech slump TOKYO: Japan’s SoftBank Group on Tuesday reported a surprise $5.9 billion net loss in the third quarter, as a ... Published 13 Feb, 2023 05:57am
Technology SoftBank CEO Son lifts stake to own more than a third SoftBank Group Corp’s billionaire chairman and chief executive officer, Masayoshi Son, has raised his stake in the... Published 08 Dec, 2022 09:56am
Business & Finance SoftBank posts Q2 net profit after Alibaba share sales TOKYO: Japan’s SoftBank Group on Friday posted a net profit in the second quarter, with big gains from its recent... Published 14 Nov, 2022 07:32am
Technology India to press Apple, Samsung for faster 5G software upgrades in phones NEW DELHI: India’s government will push Apple, Samsung and other mobile phone manufacturers to prioritise rolling... Published 11 Oct, 2022 02:12pm
Technology SoftBank looks to form a ‘strategic alliance’ between Arm and Samsung TOKYO/SEOUL: SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung... Published 22 Sep, 2022 12:02pm
Business & Finance SoftBank's sale of chip group Arm scrapped over regulator challenges TOKYO: Japan's SoftBank confirmed Tuesday the collapse of a $40 billion deal to sell chip business Arm to Nvidia... Published 08 Feb, 2022 12:50pm
Markets Crypto exchange FTX valued at $32bn as SoftBank invests LONDON: Major cryptocurrency exchange FTX raised $400 million from investors including SoftBank at a valuation of ... Published 31 Jan, 2022 08:30pm
Markets Softbank-backed Brazilian crypto firm acquires Portuguese exchange NEW YORK: Softbank-backed Brazilian company 2TM, which runs Latin America's largest cryptocurrency exchange Mercado... Published 12 Jan, 2022 12:15pm
Business & Finance Mobile payments firm Paytm kicks off India’s biggest IPO MUMBAI: India’s biggest-ever initial public offering opened Monday with digital payments platform Paytm looking to... Published 09 Nov, 2021 04:48am
Markets Mobile payments firm Paytm kicks off India's biggest IPO MUMBAI: India's biggest-ever initial public offering opens Monday with digital payments platform Paytm looking to... Published 08 Nov, 2021 09:51am
Technology SoftBank leads $93mn investment in NFT gaming firm the Sandbox The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens... Published 02 Nov, 2021 10:30am
Markets FTSE 100 at 20-month highs London: London's FTSE 100 rose for a third straight session on Tuesday, boosted by consumer goods company Reckitt... Published 27 Oct, 2021 04:50am
Business & Finance SoftBank-backed Oyo aims for up to $12bn valuation in India IPO BENGALURU: SoftBank-backed Indian hotel aggregator Oyo Hotels is seeking a valuation of $10 billion to $12 billion, ... Published 04 Oct, 2021 05:56am
Technology SoftBank-backed Oyo to file for $1.2bn IPO next week Oyo did not immediately respond to a request for comment Published 23 Sep, 2021 11:13am
Business & Finance SoftBank backs Steven Mnuchin's $2.5 bln private equity fund In a statement to the FT, SoftBank confirmed it had invested in Mnuchin's private equity firm, but it was unclear how much the Japanese company had contributed to the fund Published 22 Sep, 2021 11:04am
Technology SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare Paris-based Sorare said the investment valued the company at $4.3 billion Published 21 Sep, 2021 11:14am
Business & Finance Deutsche Telekom seals three-way deal to further US shift FRANKFURT: Deutsche Telekom agreed to sell its part-owned Dutch subsidiary and increase its control of the US... Published 07 Sep, 2021 04:47pm
