SoftBank Group Corp.

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

Source: en.wikipedia.org

SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
October 16, 2019  |  Investments

SoftBank and JP Morgan are in talks to rescue WeWork before it runs out of money, which is expected to happen by mid-November, CNBC reported...

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2,000 Staff Getting Laid Off As WeWork Faces Collapse
2,000 Staff Getting Laid Off As WeWork Faces Collapse
October 15, 2019  |  Investments

WeWork will lay off at least 2,000 staff in the coming week — 13 percent of its 15,000 payroll — with thousands of more job...

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Top News In Payments: Google Play Bans High-Interest Loan Services; Thoma Bravo To Buy Sophos
Top News In Payments: Google Play Bans High-Interest Loan Services; Thoma Bravo To Buy Sophos
October 14, 2019  |  News

Today in the payments news roundup, Google has reportedly prohibited high-interest consumer loan services from its Google Play store. Also, British cybersecurity software company Sophos is being...

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Uber To Team With Brazil’s Banco Inter For Financial Services
Uber To Team With Brazil’s Banco Inter For Financial Services
October 13, 2019  |  Partnerships / Acquisitions

A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. Get the Full Story...

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SoftBank Wants Control Of WeWork
SoftBank Wants Control Of WeWork
October 13, 2019  |  Investments

The parent company of WeWork is at a junction after its initial public offering (IPO) tanked and its chief executive officer stepped down, Reuters reported...

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SoftBank To Downshift Vision Fund Strategy Post-Uber, WeWork IPO Flops
SoftBank To Downshift Vision Fund Strategy Post-Uber, WeWork IPO Flops
October 11, 2019  |  Investments

SoftBank CEO Masayoshi Son is reportedly reconfiguring his strategy for investing with his latest Vision Fund due to the struggles of companies like Uber and...

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Cash-Strapped WeWork Turns To SoftBank For Funding
Cash-Strapped WeWork Turns To SoftBank For Funding
October 11, 2019  |  Investments

WeWork needs to be financed by the end of November or it will run out of money. Get the Full Story Complete the form to...

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Top News In Payments: Libra Fears Grow; Uber-IPO Impact Spreads; And SMBs Get Faster Payments
Top News In Payments: Libra Fears Grow; Uber-IPO Impact Spreads; And SMBs Get Faster Payments
October 09, 2019  |  News

Today’s payment news roundup includes a look at more fears and concerns around Libra, the spreading losses related to Uber and WeWork, fresh PYMNTS research...

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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....

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