SoftBank Group Corp.

SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Tokyo.

Source: en.wikipedia.org

Connected Cars Take 5G Leap In Time For NADA Show
Connected Cars Take 5G Leap In Time For NADA Show
February 12, 2020  |  Innovation

Think Super Bowl for cars. This weekend marks the National Automobile Dealers Association (NADA) show in Las Vegas. While the product focus will be on...

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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...

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Today In Payments: Mastercard To Join China’s $27T Payments Market; Uber, Postmates Lose Bid To Halt Gig Worker Law
Today In Payments: Mastercard To Join China’s $27T Payments Market; Uber, Postmates Lose Bid To...
February 11, 2020  |  News

In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop...

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SoftBank-Backed Brandless Goes Bust
SoftBank-Backed Brandless Goes Bust
February 11, 2020  |  Retail

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the...

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Top WeWork Exec Refutes Claim That Former CEO ‘Walked Away’ With $1B
Top WeWork Exec Refutes Claim That Former CEO ‘Walked Away’ With $1B
February 10, 2020  |  Business

Marcelo Claure, the executive chairman at embattled company WeWork, said in an interview that former CEO Adam Neumann didn’t leave the company with more than...

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SoftBank’s Vision Fund Sequel Fails To Meet Funding Goal
SoftBank’s Vision Fund Sequel Fails To Meet Funding Goal
February 07, 2020  |  Investments

SoftBank Group, which is behind the highly successful Vision Fund, is not going to meet its financing goal for its follow-up fund, Vision Fund 2,...

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Investor Interest Wanes In PropTech After WeWork Debacle
Investor Interest Wanes In PropTech After WeWork Debacle
February 07, 2020  |  Investments

The decline of WeWork over the last year has had ripple effects, depressing investor confidence in the entire brand of property technology (PropTech), to which WeWork...

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US SoftBank Exec Exiting Vision Fund
US SoftBank Exec Exiting Vision Fund
February 04, 2020  |  Personnel

Michael Ronen, a former Goldman Sachs banker who joined SoftBank in 2017, is leaving the conglomerate’s $100 billion Vision Fund over “issues,” the Financial Times reported...

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OYO Cuts Hotel Locations, Staffing After Quick Growth
OYO Cuts Hotel Locations, Staffing After Quick Growth
February 03, 2020  |  International

India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...

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