The only way to convince SoftBank to list Arm in London is on merit Government idea to force Japanese firm to list Cambridge computer chip designer in UK seems desperate The Guardian - UK · Jun 22, 2022
Softbank Continues To Lose Key Official In Quick Succession Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) SoftBank Group International named SBGI Managing Partner Alex Clavel as CEO, effective June 30. Clavel, a seven-year veteran in the company, succeeded Michel Combes, who departed to pursue new opportunities after five years in the company. Combes had assumed the CEO position five months back, succeeding former SoftBank… Benzinga · Jun 22, 2022
Owner of UK chip designer Arm may float some of firm’s shares in London Japan’s SoftBank still likely to conduct IPO in New York but could secure secondary listing The Guardian - UK · Jun 15, 2022
Uniqlo chief regains spot as Japan's richest Tadashi Yanai, founder and chief of Japanese clothing retail chain Uniqlo, has regained his title as the richest person in Japan even as a global economic slowdown has eroded his wealth sharply, according to international business magazine Forbes Asia's latest list of the 50 richest people in Japan. Bangkok Post · Jun 1, 2022
CLSA Expects SoftBank To Focus More On Buybacks Than High Growth Stocks Like Alibaba Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) may, for the first time, spend more on share buybacks than investments through its landmark Vision Fund as the firm goes into "defense" mode, according to CLSA's Oliver Matthew. "I think that the comments yesterday from Masayoshi Son made it very clear we're in defense round… Benzinga · May 13, 2022
SoftBank's Stock Picking Unit Suffers Colossal Losses Due To Tech Meltdown Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) founder Masayoshi Son's controversial side venture SB Northstar, which focused on stock picking, just backfired, Bloomberg reports. SoftBank reported a record annual loss at its Vision Fund unit as a global selloff in tech shares battered the value of public holdings like Coupang, Inc (NYSE:CPNG) and DiDi Global Inc (NYSE:DIDI). The Vision Fund unit hinged… Benzinga · May 12, 2022
WeWork-backer SoftBank posts record $20 billion loss as tech stocks plunge The world’s biggest technology investor has lost a record $20.5 billion (£16.8 billion) as its bets turn sour. Evening Standard · May 12, 2022
Japan's SoftBank sinks to losses as investments sour Japanese technology company SoftBank Group has dropped into losses as the value of its investments declines The Independent UK · May 12, 2022
The fudging is over, as monetary policy committee predicts 10.2% inflation The pound slides following gloomy forecasts and confusion within the Bank of England The Guardian - UK · May 5, 2022
This Major Alibaba Investor Has Tripled Stock Buyback To $1.1B SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) bought ¥141.4 billion ($1.1 billion) worth of shares in March, versus ¥46.2 billion of shares in February, more than tripling the size of its share buybacks. The buyback, coupled with a 7.6% jump in Alibaba Group Holding Ltd's (NYSE:BABA) shares, helped SoftBank cap a monthly stock-price gain of 8.5%, a… Benzinga · Apr 7, 2022
SoftBank Loses Vision Fund Leader; Continues To Liquidate Portfolio Ron Fisher looked to depart as the head of SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) Vision Fund and Chair and director of SoftBank Investment Advisors U.S. on April 15, Bloomberg reports. Fisher would remain a senior advisor to SoftBank's founder and CEO, Masayoshi Son. Fisher left SoftBank's board in 2021. Fisher began working with… Benzinga · Apr 4, 2022
SoftBank Goes Defensive On Investments Following Tech Meltdown SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) founder Masayoshi Son looked to slow down investments to raise cash amid the tech stock meltdown and China's regulatory crackdown the Financial Times reports. Rising interest rates and the Ukraine crisis have ravaged its holdings. SoftBank also suffered due to considerable holding in Alibaba Group Holding Ltd (NYSE:BABA) and DiDi… Benzinga · Mar 31, 2022
Here's How Arm Looks To Speed Up Its US IPO SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd, looks to transfer shares in its China joint venture to a SoftBank special purpose vehicle to speed up its U.S. IPO, the Financial Times reports. SoftBank will hold 28% of Arm China after the transfer, Bloomberg reports. Arm will hold less than 20% of Arm China and treat it… Benzinga · Mar 30, 2022
This SoftBank-Owned Japanese Social Media Giant Is Launching An NFT Marketplace LINE, co-owned by the Masayoshi Son-led SoftBank Group Corp (OTC: SFTBY), is all set to launch a non fungible token (NFT) marketplace. Benzinga · Mar 24, 2022
Benzinga · Mar 15, 2022 SoftBank Founder Boosts Collateral To 33% Of Stock As Stock Prices Sink SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) founder Masayoshi Son has raised the collateral stock to financial institutions as its shares plunged over 2021, Bloomberg reports. Son boosted the stock pledged as collateral to ~33% of his stake or 153.3 million shares in SoftBank as its shares sank 60% from their peak last year.…
Evening Standard · Feb 14, 2022 City comment: Rishi Sunak must twist Masayoshi Son’s ARM to get chip designer back on London Stock Exchange ARM Holdings, we are told, is going to New York.
Benzinga · Feb 11, 2022 SoftBank-Owned Arm Faces China Roadblock After Nvidia SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) U.K. chip designer Arm Ltd's escalating battle at its renegade China unit has jeopardized its IPO ambitions, the Financial Times reports. The joint venture head, Allen Wu, has launched a third legal case against Arm China through one of his shareholder companies. Wu's latest case aims to get reappointed…
Benzinga · Feb 9, 2022 SoftBank Looks To List Arm In US, Ditching Its Home Market SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) CEO Masayoshi Son looks to list British chip designer Arm Ltd in the U.S., shunning its home market, CNBC reports. Son aims for a "big IPO" and looks to publicly list Arm on the tech-focused Nasdaq stock market within the fiscal year ending March 31, 2023. Roughly…
The Independent UK · Jan 28, 2022 Executive overseeing investments leaves Japan's SoftBank Marcelo Claure, who joined SoftBank Group after turning around one of its key investments, office-sharing business WeWork, is leaving
Al Jazeera · Jan 28, 2022 SoftBank COO Marcelo Claure exits, reportedly over pay The latest blow follows a string of high-profile departures at the technology investor.
Benzinga · Jan 27, 2022 Why Are SoftBank Shares Trading Lower Today? SoftBank Group Corp (OTC:SFTBF) (OTC:SFTBY) COO Marcelo Claure is in advanced negotiations to depart after clashing with founder Masayoshi Son over his compensation and responsibilities, Bloomberg reports. Claure agreed to sell a majority stake in his cellphone distributor to SoftBank in 2013, becoming one of Son’s top lieutenants and a billionaire in…