Softbank

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NEW YORK, NY - SEPTEMBER 13: A WeWork office facility stands in the DUMBO neighborhood in the Brooklyn borough of New York City on September 13, 2019. WeWork has chosen to list their IPO on the Nasdaq with a September 23 trading debut. The company is now considering a valuation of potentially less than $20 billion after being previously valued on the private market for as much as $47 billion. The company has also reduced CEO Adam Neumann's voting power after receiving sharp criticism of their corporate governance. (Photo by Drew Angerer/Getty Images)
International

SoftBank scraps $3 billion deal to buy WeWork stock from Adam Neumann and other shareholders

By Ed Hammond, Gillian Tan, Pavel Alpeyev and Bloomberg
April 2, 2020
Exclusive: WeWork is selling Meetup to AlleyCorp for a fraction of its 2017 price
Finance

Exclusive: WeWork is selling Meetup to AlleyCorp for a fraction of its 2017 price

By
March 30, 2020
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during a news conference in Tokyo, Japan, on Wednesday, Feb. 12, 2020. SoftBanklost money in its Vision Fund, the Japanese company posted a record. (Photo by Alessandro Di Ciommo/NurPhoto via Getty Images)
International

SoftBank announces $41 billion asset sale to face coronavirus rout—and silence critics

By Pavel Alpeyev, Takahiko Hyuga and Bloomberg
March 23, 2020
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during a news conference following a meeting with Joko Widodo, Indonesia's president, not pictured, in Jakarta, Indonesia, on Friday, Feb. 28, 2020. Widodo's ambitious plan to build a new capital gathered momentum with Son and Tony Blair, U.K.'s former prime minster, holding discussions on the contours of the $34 billion project. Photographer Dimas Ardian/Bloomberg via Getty Images
Finance

SoftBank survived WeWork, but the coronavirus credit rout is turning investors against Masayoshi Son’s empire

By Ayai Tomisawa, Pavel Alpeyev and Bloomberg
March 18, 2020
Softbank- Masayoshi Son-Earnings
Finance

SoftBank founder opens door to working with tough activist investor after profits fall 99% short of estimates

By Pavel Alpeyev, Takahiko Hyuga and Bloomberg
February 12, 2020
Approval of T-Mobile-Sprint merger just before SoftBank’s earnings may be a ‘get out of jail free card’
Finance

Approval of T-Mobile-Sprint merger just before SoftBank’s earnings may be a ‘get out of jail free card’

By
February 12, 2020
Close-up image of Arm Holdings-designed computer chips seen inside a computer.
Tech

ARM unveils two new A.I. computer chip designs

By
February 10, 2020
Miguel McKelvey-WeWork
Finance

WeWork’s other cofounder has a plan to save the company. It’s the opposite of what Adam Neumann envisioned.

By
January 22, 2020
Scott-Painter-Fair
Finance

This SoftBank-Backed Startup Sought to Disrupt the Car Market. Instead, It Became a Poster Child for Disruption Gone Awry

By Lucinda Shen and Alyssa Newcomb
December 19, 2019
Jack Ma, former chairman of Alibaba Group Holding Ltd., right, gestures while speaking with Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019. Son unveiled a $184 million initiative Friday to accelerate artificial intelligence research in Japan, enlisting Ma to expound on his goal of commercializing the technology. Son's company announced a partnership with the University of Tokyo that includes spending 20 billion yen ($184 million) over 10 years by mobile arm SoftBank Corp. to establish the Beyond AI Institute. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
International

SoftBank’s WeWork and Uber Stumbles Could Push Masayoshi Son to Sell Part of His Massive Alibaba Stake

By Kurt Schussler, Pavel Alpeyev and Bloomberg
December 10, 2019
SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on November 6, 2019 in Tokyo, Japan. SoftBank reported its second-quarter earnings result today posting a 704 billion yen ($6.46 billion) loss for the July-September period. (Photo by Alessandro Di Ciommo/NurPhoto via Getty Images)
International

‘Unicorn Porn:’ How SoftBank’s Investing Style Boosts Paper Profits—But Not Real-World Value

By Peter Elstrom, Pavel Alpeyev and Bloomberg
November 26, 2019
Why SoftBank Is Investing in Brazil, and Why Nobody There Seems to Care About WeWork
Conferences

Why SoftBank Is Investing in Brazil, and Why Nobody There Seems to Care About WeWork

By
November 19, 2019
WeWork’s Legal Floodgates May Have Just Opened
Finance

WeWork’s Legal Floodgates May Have Just Opened

By
November 19, 2019
The Pain From WeWork’s Failed IPO Deepens as Bondholders Get Stuck Underwater
Finance

The Pain From WeWork’s Failed IPO Deepens as Bondholders Get Stuck Underwater

By
November 12, 2019
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during a news conference in Tokyo, Japan, on Wednesday, Nov. 6, 2019. The Japanese investment powerhouse reported its first quarterly operating loss in 14 years -- about $6.5 billion --after finally disclosing the damage from its bets on WeWork and Uber Technologies Inc. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
International

SoftBank Notches a $6.5 Billion Loss on Plunging WeWork and Uber Valuations

By Pavel Alpeyev and Bloomberg
November 6, 2019

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