SoftBank Corp.

SoftBank Group Corporation (OTC: SFTBY) backed Grab, a ride-hailing company operating in Southeast Asia, is raising more than $850 million from Japanese firms Mitsubishi UFJ Financial Group Inc. (NYSE: MUFG) and TIS Inc. What Happened MUFG and TIS will invest in Grab to create “accessible and...

Japanese investment giant SoftBank Group Corporation (OTC: SFTBY) on Wednesday reported its third-quarter earnings after the markets closed in Tokyo. What Happened SoftBank reported an operating profit of $23.5 million, 99.4% lower than the $3.98 billion posted in the similar quarter last...

The shares of SoftBank Group Corporation (OTC: SFTBY) surged in early Wednesday trade in Tokyo as a United States judge approved the merger of its troubled telecommunications carrier subsidiary Sprint Corporation (NYSE: S) with T-Mobile US Inc. (NASDAQ: TMUS). What Happened A federal...

SoftBank Group Corp’s (OTC: SFTBY) talks with Japan’s top three banks to secure $3 billion to help fund its support of a real estate startup WeWork have stalled, according to Reuters. What Happened Japan’s three biggest banks are considering the credit risks involved...

Co-working space startup WeWork could lay off more than one-third of its total workforce as soon as next week, the New York Times reported on Sunday. What To Know From The NYT Report More than 2,000 people employed in WeWork’s core business of subletting working space will lose their jobs,...

Z Holdings Corporation (OTC: YAHOY), better known by its former name Yahoo! Japan, and Line Corporation (NYSE: LN) announced on Monday they reached an agreement on their merger. What Happened The internet services provider Yahoo! Japan and messaging and mobile payments company Line will merge...

Move over Siri, there’s a new robot in town— and he’s more than just a voice. Japan’s Softbank Corp (OTC: SFTBF) has worked together with International Business Machines Corp. (NYSE: IBM) to develop a house robot called Pepper, set to go on sale in Japan this summer....

On Monday, riot police withdrew in Hong Kong after nearly 80,000 people took to the streets over the weekend protesting China’s limited democracy rule in the former British colony. Hong Kong has been ruled as a part of China but allowed a limited democracy since 1997. Now, protesters are...

T-Mobile (NYSE: TMUS) sees ETFs as key to its future. Sprint (NYSE: S) and parent Softbank Corp., hoping to merge with the company sooner rather than later, has to decide how it will deal with them. ETFs, in this situation standing for “Early Termination Fees,” are the meat...

According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...

The votes are in and counted and the winner is - Sprint Nextel (NYSE: S). Bloomberg reported Monday that investors holding or representing 82 percent of eligible Clearwire Corp. (NASDAQ: CLWR) shares voted to accept Sprint’s offer. The deal gives Sprint valuable Clearwire spectrum that would...