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Gympass secures $300m in Softbank-led funding round
Gympass has raised more than $300m (£236m) in a funding round led by Japanese investment giant Softbank. Read more: Softbank [...]June 12, 2019
Softbank earns $11bn for selling some of its huge Alibaba stake
Japan’s Softbank will book a pre-tax profit of $11.1bn (£8.75bn) for selling part of its stake in Chinese ecommerce giant [...]June 4, 2019
Softbank struggles to raise cash for its second $100bn Vision Fund
Japanese technology giant Softbank has received a chilly reception from some of the world’s biggest investors as it seeks to [...]June 3, 2019
German chipmaker Infineon buys rival Cypress for €9bn
German chipmaker Infineon has signed a deal to snap up US rival Cypress Semiconductor for €9bn (£8bn) as it looks [...]June 3, 2019
Not clear UK has reached final verdict on Huawei, states US national security adviser
US President Donald Trump’s national security adviser has said it is not clear the UK has reached a final decision [...]May 30, 2019
Huawei is an ‘instrument of the Chinese government’, Pompeo warns
US secretary of state Mike Pompeo has launched a fresh attack on Huawei, accusing the Chinese firm of taking orders [...]May 29, 2019
Softbank names Nokia as 5G supplier after shunning long-term partner Huawei
Softbank has chosen Nokia to supply equipment for its 5G network, in the latest blow for Chinese telecoms firm Huawei. [...]May 29, 2019
Jack Ma’s Alibaba chases ‘$20bn Hong Kong float’
Alibaba is seeking to raise up to $20bn (£15.8bn) in a Hong Kong float, it is reported. Read more: DEBATE: Does [...]May 28, 2019
Chip designer Arm suspends business with Huawei after US trade ban
British chip designer Arm will suspend business with Huawei to comply with new US trade restrictions, the BBC reported, citing internal [...]May 22, 2019
Softbank gears up for launch of second Vision Fund as full-year profits soar
Japanese investment giant Softbank will launch its eagerly-awaited second Vision Fund soon, the firm’s founder and chief executive has revealed. [...]May 9, 2019Content tagged with "SoftBank"
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