SoftBank-Backed Online Store Brandless Shutting Down
Brandless fails at a direct-to-consumer model after three years of operations and $240 million in funding.
SoftBank Posts Record Loss on Startup Bets
“My own investment judgment was really bad. I regret it in many ways," CEO Masayoshi Son admits.
Why an Investor Soured on Softbank
Vitaliy Katsenelson revered Softbank's founder and thought he'd own the company's stock for decades. Why he changed his mind is instructive for CFOs.
WeWork Founder Gets $1.7B Payout to Leave Company
Adam Neumann will sell shares in the struggling office sharing startup and receive a line of credit and a consulting fee as part of a bailout deal.
The Key to Regional Investment: Understanding Complexity
With its big investment in Latin America, Softbank will have to manage significant complexity that varies greatly from market to market within the region.
Softbank’s Investment in WeWork: No Problem
The Japanese conglomerate's investment in a company whose CEO's business dealings are under fire won't derail its continuing success: Opinion.
SoftBank Plans $21 Billion IPO
The massive IPO, which will value the business at $63 billion, is scheduled for December 19 on the Tokyo Stock Exchange.
Uber Takes on Softbank as Investor, Eyes IPO
The Japanese conglomerate is leading an investor group that could put as much as $10 billion into Uber as it prepares for an IPO in 2019.
Traders’ Assets Frozen in Insider Trading Probe
The SEC alleges the unidentified traders made $3.6 million in illegal profits related to the takeover of Fortress Investment Group by Japan's SoftBank.
Trump Touts Sprint, OneWeb Job Creation Moves
The companies had, in fact, previously announced they would be bringing 8,000 jobs to the U.S.
Sprint to Mortgage Airwaves to Raise $3.5B
The cash-poor wireless carrier has turned to creative financing techniques to fund investment in its network and pay off debt.