SoftBank Group Corp.

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

Source: en.wikipedia.org

SoftBank Abandons WeWork Deal; Lawsuit Likely
SoftBank Abandons WeWork Deal; Lawsuit Likely
April 01, 2020  |  Investments

SoftBank finally pulled out of its $3 billion deal to purchase office sharing startup WeWork, after murmurs of such last month amid the fiscal turmoil...

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Satellite Internet Startup OneWeb Closes After SoftBank Fund Raise Fails
Satellite Internet Startup OneWeb Closes After SoftBank Fund Raise Fails
March 29, 2020  |  Startups

OneWeb, which wanted to make internet access worldwide and widespread, has filed for bankruptcy and let most of its employees go after it couldn’t get...

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Pushed By SoftBank, Oyo Reaches For Profitability
Pushed By SoftBank, Oyo Reaches For Profitability
March 26, 2020  |  Travel Payments

Hotel chain Oyo, which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive...

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SoftBank Considers Going Private
SoftBank Considers Going Private
March 24, 2020  |  Business

SoftBank Group has been spending time in talks with investment firms Elliott Management and Mubadala over the possibility of taking its Japanese tech conglomerate private,...

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WeWork To SoftBank: Hold Up Your End Of Our Deal
WeWork To SoftBank: Hold Up Your End Of Our Deal
March 23, 2020  |  Investments

An agreement between SoftBank and WeWork to bail out the latter from dire fiscal strife may be about to fall apart as SoftBank reportedly is...

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Car-Sharing Startup Getaround Looks For Buyer
Car-Sharing Startup Getaround Looks For Buyer
March 22, 2020  |  Startups

The Getaround car-sharing platform is shopping around for a buyer as the coronavirus pandemic kills demand for its services, Bloomberg reported Friday (March 20), citing...

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SoftBank Looks To Raise $10B To Bolster Vision Fund
SoftBank Looks To Raise $10B To Bolster Vision Fund
March 19, 2020  |  Investments

SoftBank‘s first Vision Fund is now looking to grow larger, seeking another $10 billion to help portfolio companies affected by the coronavirus pandemic and its...

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Today In Payments: FDIC Defines Bank Regs For FinTechs; Treasury Secretary Warns Of Depression-Like Unemployment
Today In Payments: FDIC Defines Bank Regs For FinTechs; Treasury Secretary Warns Of Depression-Like Unemployment
March 18, 2020  |  News

In today’s top news, the FDIC is planning on setting new regulations for FinTechs and industrial banks, and Treasury Secretary Steven Mnuchin said U.S. unemployment...

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SoftBank May Drop Plan To Buy $3B In WeWork Stock
SoftBank May Drop Plan To Buy $3B In WeWork Stock
March 17, 2020  |  Investments

A big part of SoftBank’s bailout plans for office sharing company WeWork could be in jeopardy after SoftBank backed away from a plan to buy...

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