SoftBank earnings Q4 and full year FY 2023

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its … Read more

Wayve just raised over $1 billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

Alex Kendall, 29, is the co-founder and CEO of autonomous driving startup Wayve. Source: Wayve British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round led by Japan’s SoftBank to accelerate the growth of its self-driving car technology. The Series C funding round included new investor U.S. chipmaker Nvidia and … Read more

SoftBank shares extend their surge, pop more than 15% on earnings beat

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images Shares of SoftBank Group rose as much as 15.29% Friday morning, a … Read more

SoftBank nets $16 billion on Arm earnings, exceeding losses in WeWork

Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Masayoshi Son’s SoftBank made more in Arm’s after-hours trading on Wednesday than the total amount the company lost from its disastrous bet on now-bankrupt WeWork. … Read more

SoftBank leads $104 million investment in travel startup TravelPerk

TravelPerk CEO and co-founder Avi Meir. TravelPerk Barcelona-based startup TravelPerk, which helps automate corporate travel and expenses, has raised $104 million in fresh funding from Japanese tech investing giant SoftBank and a flood of other names, to invest in artificial intelligence development and new products. The company said Tuesday that it raised the cash in … Read more