Masayoshi Son

Softbank Group Corp (OTC: SFTBY) ADR’s have dropped around 13% since the beginning of the month. According to the Financial Times, the company has lost $15 billion in market cap this week alone, as its shares tank in Tokyo on investor concerns related to its exposure to United States tech...

SoftBank Group Corp (OTC: SFTBY) invested $3.9 billion on large technology companies based in the United States, according to a filing with the U.S. Securities and Exchange Commission on Monday. What Happened The Japanese conglomerate purchased 378,470 Amazon.com, Inc (NASDAQ: AMZN) shares for...

SoftBank Group Corp (OTC: SFTBY) posted $12 billion in first-quarter profit Monday, compared with a loss of nearly $13 billion in the same period a year ago. Results Beat Expectations:  This was 71.4% above the $7 billion S&P Global Market Intelligence had forecasted, Financial Times...

SoftBank Group Corp (OTC: SFTBY) is reportedly considering a full or partial sale of its British chipmaker subsidiary Arm Holdings, according to a Wall Street Journal report Monday. What Happened The Journal’s sources said SoftBank’s discussion is still at an early...

SoftBank Group Corp (OTC: SFTBY) will not heighten board oversight of its Vision Fund despite the demands of the activist investor Elliot Management.  What Happened The $100 billion Vision Fund is in the crosshairs of Elliot Management, which wants the Japanese group to create a...

SoftBank Group Corp (OTC: SFTBY) is looking to move away from the troubled Wirecard AG (OTC: WRCDF) after it helped arrange a $1 billion lifeline for the German firm a year before its downfall.  What Happened According to the sources of the Wall Street Journal, SoftBank wants to terminate...

SoftBank Group Corp (OTC: SFTBY) will repurchase $1.9 billion of unsecured corporate bonds in an attempt to pare down debt.  What Happened Reuters reported that the company’s CEO Masayoshi Son is raising $41 billion to fund share buybacks and reduce debt after SoftBank reported an...

SoftBank Group Corp (OTC: SFTBY) CEO Masayoshi Son announced that he is resigning from the board of Alibaba Group Holding Ltd (NYSE: BABA) on Thursday. What Happened Son announced his resignation from Alibaba's board, effective the same day, at the end of SoftBank’s annual...

SoftBank Group Corporation (OTC: SFTBY) will set up a $100 million fund that will provide opportunities to Afro-American and Latin entrepreneurs.  What Happened The CEO of the Japanese conglomerate Masayoshi Son said tweeted on Wednesday in Japanese using the hashtag Black Lives Matter....

SoftBank Group Corp (OTC: SFTBY) is looking to sell about $20 billion worth of its shares in T-Mobile Us Inc. (NASDAQ: TMUS) in a secondary offering, according to a Wall Street Journal report late Monday. What Happened Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS) are assisting...

SoftBank Group Corporation (OTC: SFTBY) reported its earnings for the entire financial year between April 2019 to March 2020 on Monday. The Japanese investment firm said it made an operating loss of $12.7 billion in the year. This compares with the $19.3 billion operating profit it posted...

Alibaba Group Holdings Inc. (NYSE: BABA) co-founder Jack Ma is resigning from SoftBank Group Corporation's (OTC: SFTBY) board of directors, the latter said in a statement Monday (Tokyo time). What Happened Ma, who had been a member of SoftBank's board since 2007, will resign at the...

SoftBank Group Corp.’s (OTC: SFTBY) net loss for the year ended March 2020, is set to rise to $9.39 billion. What Happened Three weeks after its previous forecast, SoftBank revised its projected non-operating losses to rise to nearly 1 trillion yen or $9.39 billion. 700...

SoftBank Group Corp. (OTC: SFTBY) is forecasting record losses for the financial year that ended March 2020, as its Vision Fund and other investments flounder. What Happened The Japanese conglomerate is projecting its first operating loss in 15 years. SoftBank’s $100 billion Vision Fund is...

SoftBank Group Corp (OTC: SFTBY) is partnering with Chinese electric vehicle manufacturer BYD to supply Japan with 300 million masks per month. What Happened SoftBank plans to make 200 million surgical masks and 100 million N95 respirator masks per month from May. The company has made a deal...