Masayoshi Son

Japan's SoftBank Group Corp. (OTC: SFTBY) is considering going private by gradually buying back stock until founder Masayoshi Son has a significant enough stake to squeeze out the remaining investors, Bloomberg reports. What Happened: SoftBank's stock in Japan surged 5.6...

Nvidia Corporation (NASDAQ: NVDA) CEO Jensen Huang said Wednesday that while the company's acquisition of rival British chipmaker Arm Ltd. was pricey, the latter's network of customers makes it well worth the cost, Reuters reports. What Happened: Huan made the remark, addressing...

Nvidia Corporation (NASDAQ: NVDA) announced Sunday it was acquiring British chipmaker Arm Ltd from SoftBank Group Corp’s (OTC: SFTBY) Vision Fund, in a transaction valued at $40 billion. What Happened: Under the deal, the Santa Clara, California-based company will fund the purchase of all of...

Softbank Group Corp (OTC: SFTBY) ADR’s have dropped around 13% since the beginning of the month. According to the Financial Times, the company has lost $15 billion in market cap this week alone, as its shares tank in Tokyo on investor concerns related to its exposure to United States tech...

SoftBank Group Corp (OTC: SFTBY) invested $3.9 billion on large technology companies based in the United States, according to a filing with the U.S. Securities and Exchange Commission on Monday. What Happened The Japanese conglomerate purchased 378,470 Amazon.com, Inc (NASDAQ: AMZN) shares for...

SoftBank Group Corp (OTC: SFTBY) posted $12 billion in first-quarter profit Monday, compared with a loss of nearly $13 billion in the same period a year ago. Results Beat Expectations:  This was 71.4% above the $7 billion S&P Global Market Intelligence had forecasted, Financial Times...

SoftBank Group Corp (OTC: SFTBY) is reportedly considering a full or partial sale of its British chipmaker subsidiary Arm Holdings, according to a Wall Street Journal report Monday. What Happened The Journal’s sources said SoftBank’s discussion is still at an early...

SoftBank Group Corp (OTC: SFTBY) will not heighten board oversight of its Vision Fund despite the demands of the activist investor Elliot Management.  What Happened The $100 billion Vision Fund is in the crosshairs of Elliot Management, which wants the Japanese group to create a...

SoftBank Group Corp (OTC: SFTBY) is looking to move away from the troubled Wirecard AG (OTC: WRCDF) after it helped arrange a $1 billion lifeline for the German firm a year before its downfall.  What Happened According to the sources of the Wall Street Journal, SoftBank wants to terminate...

SoftBank Group Corp (OTC: SFTBY) will repurchase $1.9 billion of unsecured corporate bonds in an attempt to pare down debt.  What Happened Reuters reported that the company’s CEO Masayoshi Son is raising $41 billion to fund share buybacks and reduce debt after SoftBank reported an...

SoftBank Group Corp (OTC: SFTBY) CEO Masayoshi Son announced that he is resigning from the board of Alibaba Group Holding Ltd (NYSE: BABA) on Thursday. What Happened Son announced his resignation from Alibaba's board, effective the same day, at the end of SoftBank’s annual...

SoftBank Group Corporation (OTC: SFTBY) will set up a $100 million fund that will provide opportunities to Afro-American and Latin entrepreneurs.  What Happened The CEO of the Japanese conglomerate Masayoshi Son said tweeted on Wednesday in Japanese using the hashtag Black Lives Matter....

SoftBank Group Corp (OTC: SFTBY) is looking to sell about $20 billion worth of its shares in T-Mobile Us Inc. (NASDAQ: TMUS) in a secondary offering, according to a Wall Street Journal report late Monday. What Happened Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS) are assisting...

SoftBank Group Corporation (OTC: SFTBY) reported its earnings for the entire financial year between April 2019 to March 2020 on Monday. The Japanese investment firm said it made an operating loss of $12.7 billion in the year. This compares with the $19.3 billion operating profit it posted...

Alibaba Group Holdings Inc. (NYSE: BABA) co-founder Jack Ma is resigning from SoftBank Group Corporation's (OTC: SFTBY) board of directors, the latter said in a statement Monday (Tokyo time). What Happened Ma, who had been a member of SoftBank's board since 2007, will resign at the...