Softbank

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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

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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 icons for Z Holdings Corp. Yahoo Japan application, front row from left, and the Line Corp. Line application are displayed on a smartphone in this arranged photograph taken in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Nov. 14, 2019. Z Holdings, a unit of SoftBank Group Corp.s telecom arm formerly known as Yahoo Japan, confirmed that its in talks with Tokyo-based messaging service Line about a possible merger, but said no final decision on a deal had been made. Photographer: Akio Kon/Bloomberg via Getty Images
International

How SoftBank Plans to Create an Internet Giant to Take on Google (at Least in Japan)

By Pavel Alpeyev, Takahiko Hyuga and Bloomberg
November 18, 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
SoftBank Group Writes Down $9.2 Billion on WeWork—and That’s Only the Beginning of the Bad News
Finance

SoftBank Group Writes Down $9.2 Billion on WeWork—and That’s Only the Beginning of the Bad News

By
November 6, 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
Another Wrinkle Emerges in the WeWork Saga
Finance

Another Wrinkle Emerges in the WeWork Saga

By
October 24, 2019
LOS ANGELES, CA - JANUARY 09: Adam Neumann speaks onstage during WeWork Presents Second Annual Creator Global Finals at Microsoft Theater on January 9, 2019 in Los Angeles, California. (Photo by Michael Kovac/Getty Images for WeWork)
International

‘You’ve Got to Be Kidding Me’: WeWork Employees Outraged Over Adam Neumann’s Billion Dollar Payout in SoftBank Rescue

By Ellen Huet, Gillian Tan and Bloomberg
October 23, 2019
News Conference As Yahoo Japan Agrees to Buy Majority Stake in Fashion Site Zozo
Finance

WeWork’s Moment of Truth Approaches As Board Deliberates SoftBank, JPMorgan Financing Deals

By
October 22, 2019
The WeWork logo sits on display on a glass door of the entrance to the WeWork Ocean Gate Minatomirai co-working office space, operated by The We Company, in Yokohama, Japan, on Friday, Oct. 11, 2019. WeWork formally withdrew the prospectus for an IPO this month, capping a botched fundraising effort that cost its top executive his job. The defeat places urgency on WeWork to find new sources of capital to keep its business running Photographer: Kiyoshi Ota/Bloomberg via Getty Images
International

As Embattled WeWork Eyes Possible Saviors, JPMorgan Pushes Ahead of SoftBank

By Davide Scigliuzzo, Michelle F. Davis, Gillian Tan, Sarah McBride and Bloomberg
October 15, 2019
OYO Hotels-India-Softbank
Finance

What Is Oyo? Behind SoftBank’s Latest High-Growth, High-Valuation Bet

By
October 14, 2019

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