Masayoshi Son

Alibaba's Jack Ma resigns from SoftBank board; to pull back from formal business roles, focus on philanthropy

SoftBank said it will propose three new appointments to the board, including group CFO Yoshimoto Goto, at its annual general meeting on 25 June.

Oyo layoffs: After announcing job cuts, Oyo under pressure from Softbank to curb operating losses

Ritesh Agarwal, the company’s chief executive, said Oyo was focused on sustainable growth and profitability — which meant layoffs.

SoftBank's $3 billion WeWork financing talks stall with Japan banks; complicates $9.5 bn rescue package: Report

SoftBank in October said it would launch a $9.5 billion bailout of WeWork after the cancellation of the startup’s initial public offering

Committed to India in the long term, says SoftBank’s India head Sumer Juneja

Masayoshi Son, CEO and Founder of SoftBank, during his India visit, said that he wants to bet on the future.

Uber has entered new era of focussing on profits, CEO Dara Khosrowshahi feels he's the right guy for the company now

Khosrowshahi said Kalanick had done “an incredible job” of building the company. But Uber has entered a new period of focusing on profits.

Honda, Hino joins SoftBank-Toyota mobility venture for self-driving car services

Honda, Hino will acquire a 9.9 percent stake in the 2 billion yen Toyota-SoftBank venture.

SoftBank launches $5 billion fund to invest in Latin American tech companies

The fund will invest across the region, targeting the same sectors as SoftBank’s existing investments

SoftBank arm Essel group to jointly develop 500-mw solar park; pact to help Masayoshi Son firm expand portfolio in India

In May this year, SoftBank Group had partnered with the now crippled infrastructure conglomerate IL&FS to develop over 20 gw solar capacity in the country by 2025.

SoftBank-backed Oyo is in the market to raise about $1bn; looming deal will spawn another Indian unicorn

Oyo is reportedly in talks with two consortia to raise between $500 million and $1 billion.

Nikesh Arora, former SoftBank president, gets a whopping $128 mn as new CEO of Palo Alto Networks

Arora, succeeds Mark McLaughlin, who has led the company for nearly seven years and has played a major role in its torrid pace of growth.