Arm sheds 40% of the staff that it had hired as part of a SoftBank pledge to the UK government, amid concerns that...

Trial Then $69 per monthNew customers onlyCancel anytime during your trial For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news ...

UK-based blockchain gaming startup Improbable, which raised $500M from SoftBank in 2017, is close to raising £100M...

Trial Then $69 per monthNew customers onlyCancel anytime during your trial For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news ...

SoftBank, which bought a 10% stake in Twilio competitor Sinch in November 2020, sells its remaining 5% stake;...

India's market regulator tightens IPO disclosure norms after recent lackluster performance of tech startups; firms...

India’s market regulator has tightened disclosure norms for firms looking to file for an initial public offering after lackluster performance of more than half a dozen tech startups in the past...

Bounce In Futures Fizzles As Dollar Surge Returns

Bounce In Futures Fizzles As Dollar Surge Returns If yesterday markets made little sense, when the dollar and yields slumped yet stocks and other risk assets tumbled alongside them in...

Japan's Nikkei falls 2%; Asia-Pacific markets slide after S&P 500 closes at new year-low

China's official factory activity data unexpectedly expanded in August, beating estimates. Japan's Nikkei 225 slipped 2.04%, and the Topix index fell 1.86%. Australia's S&P/ASX 200 lost 1.18%....

SoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees

The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to...

SoftBank sheds 30% of Vision Fund staff as it seeks to cut costs

Jobs will be lost at offices around the world after record quarterly losses

SoftBank's Vision Fund Cutting "At Least" 150 Employees, About 30% Of Its Workforce

SoftBank's Vision Fund Cutting "At Least" 150 Employees, About 30% Of Its Workforce It's officially "belt tightening" time over at SoftBank. Yes, it appears that being a "visionary"...

SoftBank plans at least 30% staff cuts to Vision Fund, source confirms

SoftBank is planning to cut at least 30% of staff at its ambitious investment arm, the Vision Fund. At least 150 out of 500 Vision Fund workers will be impacted by the cuts, according to...

SoftBank plans at least 30% staff cuts to Vision Fund, source confirms

SoftBank Founder Masayoshi Son had foreshadowed cost cutting this summer after the company posted a $21.6 billion quarterly loss for the Vision Fund.

SoftBank cuts about 150 staff globally -source

Japan's SoftBank Group Corp is cutting around 150 staff globally at its Vision Fund unit and SoftBank Group International, a person familiar with the matter said, as CEO Masayoshi Son retrenches...

Sources: SoftBank begins laying off Vision Fund employees, with cuts expected to impact over 100 people, or 20%+ of...

SoftBank-backed Grab targets first profit by 2024

South-east Asian tech group remains bullish despite shares plunging 61% year to date

Meet The Fiercely Loyal "Guru" Behind Masayoshi Son At SoftBank

Meet The Fiercely Loyal "Guru" Behind Masayoshi Son At SoftBank And so, all of a sudden, SoftBank - which has been suffering from a $23 billion loss at the hands of the global tech...

Factbox-The challenges automakers, and now Tesla, face with humanoid robots

By Hyunjoo Jin SAN FRANCISCO - Tesla (NASDAQ:TSLA)'s CEO Elon Musk is set to unveil its prototype humanoid robots at an event on Sept. 30, hoping to expand beyond self-driving cars that have not...

Buffett-backed Nubank reaches 70 million clients

SAO PAULO - Brazil's Nubank has reached 70 million clients across its three operating countries, Latin America's largest financial technology company said on Monday. The digital bank, backed by...

‘I say no’: meet Masayoshi Son’s financial guru at SoftBank

Yoshimitsu Goto is at the centre of the conglomerate’s gruelling battle against the global tech rout

Tesla job listings detail Elon Musk’s vision for 'thousands of Humanoid Robots within our factories'

Reuters recently reported the company is ramping up ambitious plans to develop the Tesla Bot, also known as Optimus, with internal meetings and hiring for about 20 positions including software and...

SoftBank slashes Oyo’s valuation to $2.7 billion

SoftBank, the largest backer of Oyo, has cut the Indian hotel chain startup’s valuation to $2.7 billion despite its claims of improved finances in recent months, a person familiar with the matter...

SoftBank Cuts Valuation of IPO-Bound Oyo to $2.7 Billion

SoftBank Cuts Valuation of IPO-Bound Oyo to $2.7 Billion  Bloomberg

SoftBank Eyeing for Strategic Alliance between Chip Maker Arm and Samsung

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology...

FTX Wants to Raise $1B at $32B Valuation

Sanaa is a chemistry major and a Blockchain enthusiast. As a science student, her research skills enable her to understand the intricacies of Financial Markets. She believes that Blockchain...

SoftBank Eyeing Arm-Samsung ‘Strategic Alliance’, Son Says

SoftBank CEO Masayoshi Son plans to visit Seoul to discuss a plan for Arm, amid speculation over an industry consortium to invest in the chip designer to ensure its neutrality. The post SoftBank...

SoftBank to meet Samsung to explore Arm ‘strategic alliance’

Masayoshi Son will visit Seoul in October to explore tie-up for UK chip designer

SoftBank looks to form a 'strategic alliance' between Arm and Samsung

SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential "strategic alliance" between the South Korean tech giant and...

FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

FTX is talking with potential investors about a funding round that would keep the company's valuation in-line with a prior financing earlier this year. The privately held company has been on a...

SoftBank to discuss Arm 'strategic alliance' with Samsung

TOKYO - SoftBank Group Corp founder and CEO Masayoshi Son will discuss a "strategic alliance" between chip designer Arm and Samsung Electronics (OTC:SSNLF) during the billionaire's first visit to...

SoftBank to discuss Arm 'strategic alliance' with Samsung

SoftBank Group Corp founder and CEO Masayoshi Son will discuss a "strategic alliance" between chip designer Arm and Samsung Electronics during the billionaire's first visit to South Korea in three...

FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

FTX is talking with potential investors about a funding round that would keep the company's valuation in-line with a prior financing earlier this year. The privately held company has been on a...

One-Stop Business News backed by Mark Cuban. Free to Use →