February 16, 2017
SoftBank Buys Fortress Investment Group For $3.3B In Cash
SoftBank of Japan announced earlier this week that is acquiring Fortress Investment Group in an all-cash deal valued at around $3.3 billion. In a press release, SoftBank said, under the terms...
February 09, 2017
US/Japan: Is Sprint for sale?
Sprint’s Tokyo-based parent company is willing to sell the Kansas-based wireless company, but it also may be up for buying T-Mobile or deal with other companies, its chief executive said...
January 11, 2017
$100B SoftBank Fund Gearing Up For Launch
Just a few weeks after the election of Donald Trump to the United States presidency, Masayoshi Son, head of SoftBank of Japan, said his firm would invest as much as...
January 10, 2017
Alibaba Meeting With Trump To Discuss 1 Million New US...
Jack Ma, the head of China’s largest eCommerce site, Alibaba, met with President-Elect Donald Trump on Monday (Jan. 9) to discuss job creation in the U.S. during the course of the...
January 05, 2017
US: Apple invests $1 billion In SoftBank Vision fund
Apple has confirmed a $1 billion investment in Softbank’s technology fund, the Wall Street Journal reported Wednesday. That follows weeks of speculation that the tech titan would do so. SoftBank,...
January 05, 2017
Apple Confirms A $1 Billion Investment In SoftBank Tech Fund
Apple confirmed on Wednesday (Jan. 4) that it will invest $1 billion in SoftBank’s new $100 billion technology fund. According to a report by The Wall Street Journal, Apple spokesman Kristin...
December 30, 2016
Softbank Lets Trump Take Job Creation Credit
Sprint and internet provider OneWeb may have already planned to create a combined 8,000 jobs in the U.S., but Sprint’s parent and OneWeb investor Softbank is happy to give President-elect...
December 19, 2016
Pepper The Robot Is Going To Work – At SoftBank
Pepper, a rather adorable humanoid robot, is being put to work by his bosses at SoftBank. The Japanese internet group — founded by Masayoshi Son — has already sold about 10,000 of the robots,...
December 14, 2016
PYMNTS Daily Data Dive: Apple’s Big Investment
Tech giant Apple has been in talks to invest in a fund being put together by SoftBank Group, the Japanese telecom and banking firm. Named the SoftBank Vision Fund, it...