masayoshi son

SoftBank CEO: AI Will Surpass Human Intelligence by 2030
SoftBank CEO: AI Will Surpass Human Intelligence by 2030
October 04, 2023  |  artificial intelligence

The CEO of Japan’s SoftBank says artificial general intelligence is on the cusp of exceeding human knowledge. “Take advantage of it or be left behind,”...

READ MORE >
SoftBank Group Subsidiary Arm Planning IPO
SoftBank Group Subsidiary Arm Planning IPO
May 01, 2023  |  IPO

Semiconductor designer Arm Ltd., a subsidiary of SoftBank Group, is planning an initial public offering (IPO). The organization has confidentially submitted a draft registration on...

READ MORE >
SoftBank Takes $2B Hit In Quarterly Earnings
SoftBank Takes $2B Hit In Quarterly Earnings
February 12, 2020  |  Investments

SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision...

READ MORE >
SoftBank Could Invest $40B In New Indonesian Capital
SoftBank Could Invest $40B In New Indonesian Capital
January 17, 2020  |  Investments

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create...

READ MORE >
SoftBank To Invest In Indonesia’s Sustainable City
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020  |  Investments

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on...

READ MORE >
SoftBank Founder Plans To Invest ‘More And More’ Despite WeWork Loss
SoftBank Founder Plans To Invest ‘More And More’ Despite WeWork Loss
December 08, 2019  |  Investments

Alibaba’s Jack Ma warned SoftBank’s Masayoshi Son that having too much money can lead to a “lot of mistakes.” “You don’t make mistakes when you...

READ MORE >
Lawsuit Targets WeWork For Lost Value After Pulled IPO
Lawsuit Targets WeWork For Lost Value After Pulled IPO
November 10, 2019  |  Legal

A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor,...

READ MORE >
WeWork Write-Off Triggers $6.5B Loss For SoftBank 
WeWork Write-Off Triggers $6.5B Loss For SoftBank 
November 06, 2019  |  Investments

Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6), its first quarterly drop-off in 14 years and far larger than analysts’ estimates, Bloomberg...

READ MORE >
SoftBank Losses From WeWork, Uber Failed IPOs Top $5B
SoftBank Losses From WeWork, Uber Failed IPOs Top $5B
October 08, 2019  |  Investments

Analysts are starting to weigh in on the mounting damages SoftBank could incur after such mishaps as WeWork and Uber, Bloomberg reported on Monday (Oct....

READ MORE >