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
Building Successful Startups Beyond Venture Capital Funding is Totally Possible Building a product people love is a challenge in itself. Now add the need to earn enough money from Day 1 to cover all the development costs, all the experiments, and have a reliable income that will allow you to convince engineers and designers who will be building it to… Benzinga · Jun 2, 2022
Croatian electric supercar firm Rimac drives more funding Porsche, SoftBank and Goldman Sachs contributed to €500 million Series D funding round Evening Standard · Jun 1, 2022
The good times in Silicon Valley come crashing to a halt The easy money is gone, the market’s a mess, and there’s no exit in sight. Now investors in private companies are wondering how bad things are going to get. Fortune · May 26, 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
Inside SoftBank’s side letter with Better CEO Vishal Garg Documents show that Garg put his own personal fortune on the line and could face uncapped losses. Fortune · 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 economy is collapsing. Yet I can’t recall a government so devoid of a plan The pound is weak, inflation is up, but it’s hard to discern any ideas from the Tories The Guardian - UK · May 8, 2022
UK ‘waking up’ to poor tech-listing appeal in London, says Arm innovator New York is obvious choice for British-based chip designer’s IPO, says Hermann Hauser The Guardian - UK · May 5, 2022
Don’t bend City rules for the sake of a London float City Comment: The government should not chase an Arm float Evening Standard · May 4, 2022
Benzinga · May 3, 2022 Nvidia Fallout: Boris Johnson Makes Final Attempts To Woo Arm To List In London Instead Of New York U.K. Prime Minister Boris Johnson is giving a final push to convince SoftBank-backed chip maker Arm Ltd to list in London instead of New York, according to a Financial Times report.
The Guardian - UK · May 3, 2022 Boris Johnson joins lobbying for UK chip designer Arm to list in London Government fears damage of losing out to New York in battle to attract tech floatations
Benzinga · Apr 29, 2022 Arm Removes Significant Obstacle Hindering IPO Aspirations: FT Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) owned Arm is on the verge of regaining control of its defector China joint venture, the Financial Times reports. The development will remove a significant obstacle to SoftBank’s IPO ambitions for the U.K. chip designer. Arm holds a 47.3% stake in Arm China, while Chinese investment firm…
The Guardian - UK · Apr 21, 2022 Investors should take a cautious approach to THG takeover talk The retailer continues to make the simple business of selling stuff online sound complicated
Benzinga · Apr 20, 2022 SoftBank Robotics Invests In Hong Kong Startup Avalon SteriTech: Bloomberg SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) robotics arm has agreed to buy a minority stake in cleaning technology startup Avalon SteriTech Ltd, Bloomberg reports. SoftBank Robotics looks to acquire a 5% stake in the Hong Kong-based company. The financial terms of the deal remain undisclosed. The investment marks SoftBank's Hong Kong debut. The…
Benzinga · Apr 7, 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 4, 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…
Axios · Apr 3, 2022 Scoop: Top SoftBank executive Ron Fisher steps down Fisher has been with SoftBank for 27 years.
Benzinga · Mar 31, 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 30, 2022 South Korean Chipmaker Weighs Arm Takeover Options South Korean chipmaker SK Hynix Inc (OTC:HXSCL) CEO admitted to weighing a consortium to acquire British semiconductor company Arm Ltd, Reuters reports citing Yonhap news agency. “I don’t believe Arm is a company that could be bought by one company,” SK Hynix Vice-Chair and co-CEO Park Jung-ho admitted, FX Empire reports. SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) looked…