SOFTBANK Corporation
SoftBank’s Woes Are Mounting
For the past decade, SoftBank and its founder, Masayoshi Son, grabbed headlines mainly for the Japanese conglomerate’s eye-popping investments, becoming a fixture in the American technology scene by spending freely on start-ups and fundamentally reshaping how such companies had been funded. There was the world’s largest tech investment fund. The billions of dollars pumped into […]
Know MoreNvidia Deal to Buy Arm From SoftBank Is Off After Setbacks
SAN FRANCISCO — Nvidia, the Silicon Valley chip maker, has ended its nearly 18-month effort to buy Arm, which licenses chip technology used in most smartphones. Nvidia, a fast-growing company whose chips are best known for rendering images in video games, in September 2020 offered cash and stock then valued at $40 billion for Arm, […]
Know MoreA Top SoftBank Executive Wants $2 Billion in Pay. His Boss Disagrees.
Impressed by Mr. Claure’s ambition and hustle, Mr. Son tapped him to run Sprint, which was losing cash, bleeding subscribers and badly lagging its larger rivals, AT&T and Verizon. Mr. Claure took over as Sprint’s chief executive after regulators thwarted its planned merger with T-Mobile. He stabilized the company and eventually resuscitated a deal with […]
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