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July 9, 2025

softbank

Article

Japan’s tech investor SoftBank trims losses and promises offensive turnaround

August 8, 2023 Yuri Kageyama, Associated Press

TOKYO — Japanese technology company SoftBank Group Corp. continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn. But SoftBank’s April-June red ink, at $3.4 billion, was […]

Article

Japan’s SoftBank back in the black as investments improve

November 10, 2020 Yuri Kageyama, Associated Press

TOKYO — Japanese technology company SoftBank Group Corp. said Monday it bounced back to profitability in the last quarter as its investments improved in value. The Tokyo-based company reported about $6.1 billion in profit in […]

Business

SoftBank’s Son leaves Alibaba board following Ma’s departure

June 27, 2020 Yuri Kageyama, Associated Press

TOKYO — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba. Son announced the change at the […]

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