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softbank: SoftBank may turn profit after $48 billion in Vision Fund losses

SoftBank Group Corp.s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound thats lifting startup valuations.

Ettech softbankMacquarie paul goldingSharon chenMasayoshi sonVictor gallianoKirk boodryVision fundChina didi global incTokyo stock exchangeArm ltdHoldings ltdDoordash incNvidia corpMeta platforms incSoftbank group corpCoupang inc

softbank: SoftBank sues social app IRL for fraud, seeks $150 million in damages

Japanese investment giant SoftBank is suing social app IRL for fraud related to fake user base and growth, asking $150 million in damages.

Masayoshi sonEttech softbankSocial app150 million

chatgpt: SoftBank s Masayoshi Son says he is a heavy user of ChatGPT

SoftBank Group s Chief Executive Masayoshi Son said on Tuesday he is a "heavy user" of ChatGPT, the artificial intelligence-powered chatbot from Microsoft backed startup OpenAI.

Masayoshi sonEttech softbankSam altmanSoftbank groupBank groupChief executive masayoshi son

softbank vision fund layoffs: SoftBank prepares new round of layoffs at Vision Fund

The layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one of the people added

United kingdomEttech softbankVision fundSoftbank vision fundAlibaba group holding ltdSoftbank group corpSoftbank visionBank group corpSoftbank group internationalAlibaba group holdingEngland based arm

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