In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.
WeWork (OTC:WEWKQ) has reached an agreement with its major financial bankers, including SoftBank Group, to restructure the co-working space company's debt to pull it out of bankruptcy, according ...
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...
Since then he has helped oversee high-profile investments in several major tech startups including WeWork, and become the public face of the Vision Fund. Ron Fisher, vice chairman, SoftBank Group ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
SoftBank Group (SFTBF-2.32%) is a Japanese holding ... SoftBank invested $4.4 million into WeWork in 2017. The company's planned 2019 initial public offering (IPO) was scrapped, and WeWork ...
NEW YORK & TOKYO--(BUSINESS WIRE)-- The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding ...
SoftBank CEO Masayoshi Son called the launch of Stargate the "beginning of a golden age," aligning with Trump’s vision for ...
(AP) — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce ... SoftBank's massive stake in the office-sharing company WeWork which sought bankruptcy protection ...