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softbank News

SoftBank confirms multibillion-dollar bailout for WeWork

Apo - Japan-based SoftBank Group confirmed Wednesday it will pump billions of dollars into struggling start-up WeWork, in a deal that ups its stake in the office-sharing firm to around 80 percent.

Nemaska Lithium enters investment agreement with SoftBank Group

Quebec - Canada’s Nemaska Lithium Inc. is in talks with U.S. private equity firm Orion Mine Finance Group on a lithium streaming deal, a type of specialized mining finance. Nemaska has also entered into an investment agreement with SoftBank Group.

Softbank partners with Saudi Arabia on world's largest solar farm

New York - On Tuesday, Saudi Arabia announced it would partner with Japanese tech conglomerate SoftBank Group Corp. to build the world's largest solar power project, a $200 billion venture.

Alibaba files for IPO; could be largest tech debut ever

Washington - Chinese tech giant Alibaba Holdings Inc. moved closer to becoming a public company in the United States on Tuesday when it filed its IPO prospectus with the US Securities and Exchange Commission.

SoftBank jumps to seven-week high on news of Alibaba U.S. listing

Shares in SoftBank Corp jumped as much as 6.6 percent to a seven-week high of 8,239 yen on Monday morning after its Chinese e-commerce affiliate Alibaba Group Holdings decided to hold its long-awaited share listing in the United State...

SoftBank chief woos US, with T-Mobile in view

Washington - SoftBank, eyeing a tie-up of its US wireless unit Sprint with T-Mobile, stepped up its campaign Tuesday, claiming it could boost competition for Americans as it did in Japan.Masayoshi Son, chairman and chief executive of the Japanese tech giant, touted...

SoftBank CEO says Sprint could shake up U.S. 'oligopoly'

The chief executive officer of Japan's SoftBank Corp on Tuesday called the U.S.

SoftBank chief woos US, with T-Mobile in view

Washington - SoftBank, eyeing a tie-up of its US wireless unit Sprint with T-Mobile, stepped up its campaign Thursday, claiming it could boost competition for Americans as it did in Japan.Masayoshi Son, chairman and chief executive of the Japanese tech giant, toute...

SoftBank CEO says Sprint could shake up U.S. 'oligopoly'

The chief executive of Japan's SoftBank Corp on Tuesday called the U.S.

SoftBank CEO says still keen to merge U.S. Sprint and T-Mobile

Japan's SoftBank Corp is still trying to buy T-Mobile US Inc and merge it with its U.S. wireless carrier Sprint Corp, SoftBank CEO Masayoshi Son said, even though U.S. regulators appear set against a deal. Son told U.S.

SoftBank CEO to discuss US mobile industry after regulatory rebuff

SoftBank Corp CEO Masayoshi Son will present his views on the U.S. mobile industry in Washington D.C. next week, the Japanese mobile operator said, after U.S.

Line Corp received no stake purchase offer from SoftBank: Line COO

Line Corp, a Japan-based mobile messaging service operator, has not received an offer for a stake purchase from SoftBank Corp, the company's chief operating officer said on Wednesday.

Japan's Line denies report of talks to sell stake to SoftBank

Japan-based Line Corp denied a media report it was in talks to sell a stake to SoftBank Corp <9984.T> - a report that comes after big acquisitions of rival messaging app firms ...

SoftBank CEO: Top two U.S. mobile operators hold oligopolistic position

SoftBank Corp Chief Executive Masayoshi Son said on Wednesday that the top two U.S. mobile operators have an oligopolistic position in the U.S. markets.

Yahoo! Japan launches otaku social media network called 'Wonder!'

The Internet/telecommunications company Softbank along with Yahoo! Japan have launched "Wonder!" This is a social media network that brings together otaku from across the world.
 

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TECH GIANT: Photo shows Alibaba Group headquarters in Hangzhou  China.
TECH GIANT: Photo shows Alibaba Group headquarters in Hangzhou, China.
Thomas Lombard / Wikimedia Commons (CC BY-SA 3.0)

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