The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.
Tag: Son, Masayoshi
SoftBank’s Troubles Deepen With Warning of $16.7 Billion Writedown
The Japanese conglomerate, which bet big on tech start-ups with its $100 billion Vision Fund, also expects its first annual loss in 15 years.
SoftBank and Line Corp. Seek to Create a Japanese Internet Giant
Fresh off a multibillion-dollar loss on WeWork, SoftBank plans to shore up its domestic business with a big bet on Japan’s leading messaging app company.
The SoftBank Effect: How $100 Billion Left Workers in a Hole
SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents around the world.
SoftBank Chief Won’t Shun Saudi Arabia Despite Killing
Masayoshi Son, the chief executive of Japan’s SoftBank Group, condemned the murder of the journalist Jamal Khashoggi but added that “we cannot turn our backs on the Saudi people.”