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Masayoshi-Son

Business 5 years ago

SoftBank Group net profit soars to $11.1 billion in third quarter

Net profit for October-December hit 1,171.9 billion yen, more than 21 times higher than the 55.0 billion yen reported a year earlier, the conglomerate said.

Business 5 years ago

Hyundai Motor to buy robot maker Boston Dynamics from SoftBank

Hyundai can leverage the robot technology to expand automation at its unionised car factories, as well as design autonomous vehicles like self-driving cars, drones and delivery robots to offer mobility services, analysts said.

Business 5 years ago

SoftBank forecasts record losses as start-up bets backfire

SoftBank Group Corp. forecast a record 1.35 trillion yen (US$12.5 billion) operating loss for the fiscal year ended in March.

Business 5 years ago

Son’s $2b guarantee at risk as virus hits SoftBank Indian star

Today, OYO is freezing operations around the world and furloughing thousands of employees as it struggles to survive the coronavirus pandemic.

World 6 years ago

SoftBank CEO Son's coronavirus poll shows 80% favor state of emergency

The poll by Son, who has 2.5 million Twitter followers, showed 82% of almost 240,000 respondents indicated support for tighter controls by authorities to fight the spread of the virus. The poll closed on Saturday evening.

National 6 years ago

PREMIUM
World-renowned firms to draw Indonesia’s new capital master plan

McKinsey has been hired to assist the National Development Planning Agency (Bappenas) while Japanese conglomerate SoftBank, which has pledged to invest in the project, will work with Nikken Sekkei.

National 6 years ago

McKinsey, Nikken Sekkei, AECOM hired to design Indonesia’s new capital

McKinsey has been hired to assist the National Development Planning Agency, while Japanese conglomerate SoftBank, which has pledged to invest in the project, will work with Nikken Sekkei.

Business 6 years ago

SoftBank’s Son considers new type of fund for startup investing

The Japanese billionaire unveiled his US$100 billion Vision Fund three years ago and had been planning on raising a similarly sized second Vision Fund.