Page 2 - Softbank

Chip demand rising but Intel sees no big profit margin gains before 2025

Intel Chief Executive Pat Gelsinger also said Intel would be interested in participating if a consortium emerges to own the British semiconductor and software design company Arm Ltd

Rebel Foods scales up expansion of cloud kitchens amid Covid-19 pandemic

Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.

SoftBank posts $251 mn net profit in Q3 as tech portfolio valuations weaken

The result compared with a profit of 1.17 trillion yen in the same period a year earlier, when SoftBank booked what was at the time a record quarterly result as its portfolio rallied

SoftBank's sale of Arm to US chipmaker Nvidia collapses: Report

The deal has faced several regulatory hurdles, with the US

Top headlines: India summons Korean envoy; Airtel Q3 net profit declines 3%

Business Standard brings you the top headlines on Tuesday

Facing regulatory roadblocks, SoftBank drops sale of Arm to Nvidia

Arm named a new CEO on Tuesday who it said would help the British firm seek a public listing before March 2023

Storm clouds gather at SoftBank Group as valuations of top companies slide

In the quarter that ended Dec. 31, artificial intelligence firm SenseTime was a bright spot but others, such as Paytm parent One 97 Communications, have disappointed

Berkshire, Softbank Paytm bets sour after digital payment firm's stock rout

The plunge in shares amid a global equity selloff has cast a shadow over the prospects for technology firms preparing to go public in the Indian market.

SoftBank COO to leave after dispute with Masayoshi Son over compensation

Marcelo Claure was already one of the highest paid executives at the Japanese tech giant after earning a pay package of $17 million in 2020.

SoftBank-backed Oyo to target $9-bn valuation in IPO: Report

The valuation Oyo is targeting would be lower than the $12 bn initially reported last year, which reflects Oyo's financial struggles and a more measured appetite for IPOs following Paytm debacle

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

The Brazilian firm, valued at roughly $2.2 billion, declined to disclose the terms of the acquisition, but said the transaction is pending approval with Banco de Portugal, the nation's central bank.

GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories.

Snapdeal files IPO papers to raise Rs 1,250 crore via fresh issue

Snapdeal receives more than 86 per cent of its orders from outside metros

Snapdeal files for IPO with fresh issue of shares worth Rs 1,250 crore

SoftBank-backed Indian e-commerce platform Snapdeal filed for an initial public offering on Tuesday, joining dozens of firms in the country that have tapped the capital markets this year.

Softbank-backed ride-hailing firm Ola raises $500 mn loan from investors

Ola, which has a majority share of India's ride-hailing market where it competes with Uber Technologies, has plans to raise up to $1 billion through an initial public offering.

SoftBank Vision Fund 2 leads $60 mn funding for Payments tech firm Juspay

Juspay processes 300 mn online transactions a month with gross value of over $5 bn; has highest number of payment SDK (software development kits) installed on 250 mn mobile phones

SoftBank shares slump 9% Monday after week of bad portfolio news

The stock is off more than 35% this year, on track for its worst annual decline since 2006

SoftBank COO spars with Masayoshi Son, demands $2 billion in compensation

Son and other senior SoftBank executives in Japan are seeking to pay Claure a much smaller sum

SoftBank poised to lose $74-bn payday if Arm deal is halted

US antitrust officials sued to block the takeover on Thursday, arguing it will stifle innovation in the chip industry

SoftBank-backed Snapdeal targets $250-mn IPO in early 2022: Report

Snapdeal would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications Ltd