Business Standard

Page 10 - Softbank

Embattled SoftBank renews talks on taking the group private: Report

The discussions are driven by frustrations over the persistent discount in SoftBank's equity valuation compared with the value of its individual holdings

Embattled SoftBank renews talks on taking the group private: Report
Updated On : 14 Sep 2020 | 9:05 AM IST

SoftBank nears deal to sell Arm Holdings to Nvidia for over $40 bn: WSJ

(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.

SoftBank nears deal to sell Arm Holdings to Nvidia for over $40 bn: WSJ
Updated On : 14 Sep 2020 | 3:52 AM IST

WeWork appoints Benjamin Dunham as new CFO replacing Kimberly Ross

Dunham, most recently the finance head of WeWork Americas, will assume office on Oct. 1, the company said

WeWork appoints Benjamin Dunham as new CFO replacing Kimberly Ross
Updated On : 09 Sep 2020 | 10:58 PM IST

SoftBank sheds $15 billion in market capitalisation on US tech stock rout

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.

SoftBank sheds $15 billion in market capitalisation on US tech stock rout
Updated On : 09 Sep 2020 | 11:16 AM IST

SoftBank unveils headquarters just as Covid-19 forces office decamp

Tokyo Portcity Takeshiba's biggest tenant will be SoftBank unit SoftBank Corp

SoftBank unveils headquarters just as Covid-19 forces office decamp
Updated On : 09 Sep 2020 | 10:15 AM IST

SoftBank takes $10 billion hit after being unmasked as Nasdaq 'whale'

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 takes $10 billion hit after being unmasked as Nasdaq 'whale'
Updated On : 09 Sep 2020 | 1:22 AM IST

Masayoshi Son makes a big options bet and SoftBank investors are worried

SoftBank shares tumbled 7.2% on Monday in Tokyo, erasing about $9 billion of market value

Masayoshi Son makes a big options bet and SoftBank investors are worried
Updated On : 08 Sep 2020 | 9:20 AM IST

SoftBank stock tumbles nearly 8% with Son's foray into options trading

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

SoftBank stock tumbles nearly 8% with Son's foray into options trading
Updated On : 08 Sep 2020 | 1:45 AM IST

SoftBank shares slide 5% after news on tech stock options big bet

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.

SoftBank shares slide 5% after news on tech stock options big bet
Updated On : 07 Sep 2020 | 7:53 AM IST

Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico

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

Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico
Updated On : 06 Sep 2020 | 10:49 PM IST

SoftBank partners with Oyo in Latin America in move for more oversight

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

SoftBank partners with Oyo in Latin America in move for more oversight
Updated On : 06 Sep 2020 | 11:54 AM IST

Nasdaq Whale: Softbank's huge tech options bet answers stock rally riddle

Investors have gone back and forth on whether Son, 63, is a true visionary or more of a gambler

Nasdaq Whale: Softbank's huge tech options bet answers stock rally riddle
Updated On : 05 Sep 2020 | 8:24 AM IST

SoftBank unmasked as 'Nasdaq whale' that stoked tech rally: Report

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

SoftBank unmasked as 'Nasdaq whale' that stoked tech rally: Report
Updated On : 05 Sep 2020 | 2:53 AM IST

SoftBank Group eyes partners to bid for TikTok's assets in India

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

SoftBank Group eyes partners to bid for TikTok's assets in India
Updated On : 04 Sep 2020 | 12:29 AM IST

Unacademy turns into unicorn after SoftBank-led funding round

Valuation jumps 3-fold in last six months to $1.45 billion; becomes the second unicorn in edtech space after Byju's

Unacademy turns into unicorn after SoftBank-led funding round
Updated On : 03 Sep 2020 | 12:50 AM IST

Unacademy raises $150mn funding led by SoftBank, valuation reaches $1.45 bn

Existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures also participated in the round

Unacademy raises $150mn funding led by SoftBank, valuation reaches $1.45 bn
Updated On : 02 Sep 2020 | 8:26 PM IST

Unacademy began as co-founder's hobby; start-up is now a unicorn

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.

Unacademy began as co-founder's hobby; start-up is now a unicorn
Updated On : 02 Sep 2020 | 4:21 PM IST

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average

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

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average
Updated On : 02 Sep 2020 | 2:14 AM IST

9Unicorns makes first close of Rs 100 cr for its new fund for start-ups

The fund intends to offer $100,000 for 5-7% equity per start-up

9Unicorns makes first close of Rs 100 cr for its new fund for start-ups
Updated On : 01 Sep 2020 | 10:17 AM IST

SoftBank Group gets even more defensive with $12 billion stake sale

The Tokyo-based parent said it will sell 927 million shares in SoftBank through a global secondary offering, about a third of its stake

SoftBank Group gets even more defensive with $12 billion stake sale
Updated On : 29 Aug 2020 | 2:11 AM IST