The discussions are driven by frustrations over the persistent discount in SoftBank's equity valuation compared with the value of its individual holdings
(Reuters) - SoftBank Group Corp <9984.T> is close to selling British chip designer Arm Holdings to Nvidia Corp for more than $40 billion, a deal which would create a giant in the chip industry, the Wall Street Journal reported https://on.wsj.com/2Rlv7HC on Saturday.
Dunham, most recently the finance head of WeWork Americas, will assume office on Oct. 1, the company said
TOKYO (Reuters) - SoftBank Group Corp <9984.T> shares were down 5% in afternoon trade on Wednesday, extending this week's slump that has wiped $15 billion from its market capitalisation, as investors worried about the conglomerate's exposure to sliding U.S. tech stocks.
Tokyo Portcity Takeshiba's biggest tenant will be SoftBank unit SoftBank Corp
SoftBank bought $4 billion worth of options tied to underlying shares it had earlier purchased in tech firms like Amazon, Microsoft and Netflix, according to the Wall Street Journal
SoftBank shares tumbled 7.2% on Monday in Tokyo, erasing about $9 billion of market value
The FT labelled SoftBank the "Nasdaq whale" that "stoked the fevered rally in big tech stocks," though it didn't include details of any trading
TOKYO (Reuters) - SoftBank Group Corp <9984.T> shares fell 5% in early trading on Monday as the conglomerate's big bets on equity derivatives tied to listed technology companies made investors uncomfortable.
The move comes as Oyo, valued at $10 billion in its most recent fundraising round, has been forced to cut costs and rein in its expansionist strategy in global markets
It shows SoftBank's keenness to ensure Oyo remains on track, and is the latest sign SoftBank is more closely overseeing Oyo's operations including in offshore markets
Investors have gone back and forth on whether Son, 63, is a true visionary or more of a gambler
Softbank has been snapping up options in tech stocks over the past month in huge amounts, contributing to the largest trading volumes in contracts linked to individual firms in nearly 10 years
TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of China
Valuation jumps 3-fold in last six months to $1.45 billion; becomes the second unicorn in edtech space after Byju's
Existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures also participated in the round
Unacademy now has 30 million registered users and 350,000 paying subscribers, almost four times as many as in February. The platform has more than 18,000 registered educators.
The change will take effect Oct. 1. The replacement is part of an annual review, with NGK Spark Plug Co. displacing Nippon Sheet Glass Co. in the Nikkei 300, according to the announcement
The fund intends to offer $100,000 for 5-7% equity per start-up
The Tokyo-based parent said it will sell 927 million shares in SoftBank through a global secondary offering, about a third of its stake