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SoftBank sells off Vision Fund assets as Son pivots to AI, chips businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Telecom service provider SoftBank Group Corp. (SFTBY), on Wednesday, announced that it would receive 48.75 million shares of T-Mobile US worth $7.6 billion at no additional cost. ....
Softbank Secures T-Mobile Shares Worth $7.6 Bln finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Masayoshi Son retreated almost completely from venture investing as his Vision Fund unit lost ¥6.9 trillion ($53 billion) in the last two years on startups like WeWork Inc., which just filed for bankruptcy. Now SoftBank Group Corp. founder is tip-toeing back into dealmaking after overhauling his strategy to make more modest, focused investments. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More ....
Once valued at US$47 billion, WeWork’s plunge into bankruptcy damaged SoftBank’s Masayoshi Son his professional reputation far beyond the US$11.5 billion he lost in the co-working office space start-up. ....