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Japan’s SoftBank reports Q1 net loss of $23.4 bn

TOKYO: Japan's SoftBank Group on Monday reported a huge net loss of $23.4 billion in the first quarter, after central bank interest rate hikes...

SoftBank clinches deal to take over WeWork

SoftBank Group Corp agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control, people familiar with the matter said on Tuesday.

SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ

Japan's SoftBank Group Corp (9984.T) is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

Japan’s SoftBank taps into Mexican fintech startup Clip: sources

Japan’s SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter.

SoftBank offers to buy Uber shares at 30 percent discount

SAN FRANCISCO: Japan’s SoftBank Group is offering to purchase shares of Uber Technologies at a valuation of $48 billion, a 30 percent discount to...

Uber’s messy data breach collides with launch of SoftBank deal

TORONTO/SAN FRANCISCO: A newspaper advertisement for an Uber stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up...

SoftBank paid $135m to former Google exec Arora: reports

TOKYO: Japan's telecom carrier SoftBank paid vice president and ex-Google executive Nikesh Arora a whopping $135 million in the year to March, reports said Saturday.

Japan’s SoftBank in talks to buy DreamWorks: source

TOKYO/NEW YORK: Japan's SoftBank Corp is in talks to acquire DreamWorks SKG, a person with knowledge of the situation said.

SoftBank estimates $4.6 billion gain from Alibaba listing

TOKYO: Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.

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