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SoftBank Finally Wipes Out $14B WeWork Losses As It Posts $6.6B Profit Riding On Tech Rebound And T-Mobile Shares
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.
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WeWork reaches restructuring deal with backers to exit Chapter 11 - report
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 ...
朝日新聞社1y
SoftBank’s WeWork, once most valuable U.S. startup, succumbs to bankruptcy
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 ...
Business Insider5y
SoftBank's investment strategy is under fire amid WeWork's bungled IPO. Here's who is in charge at the world's largest tech investor.
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 ...
SoftBank in Talks to Lead $500 Million AI Robotics Funding
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, ...
The Motley Fool18d
What Companies Does SoftBank Own?
SoftBank Group (SFTBF 1.43%) 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 ...
Meet Masayoshi Son, the billionaire SoftBank founder helping fund the Stargate AI joint venture
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...
Anadolu Ajansi5y
WeWork Announces Completion of $1.5 Billion Funding from SoftBank Group; Board and Governance Changes Become Effective
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 ...
U.S. News & World Report1y
WeWork Stock: 4 Lessons for Investors
What Is WeWork? WeWork provides co-working spaces and technology solutions for businesses, freelancers and anyone else who wants office space. Backed by SoftBank Group Corp. (OTC: SFTBY), a ...
Japan Inc will struggle to follow SoftBank's lead and go big with Trump
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...
Atlanta Journal-Constitution1mon
Japan's SoftBank plans to invest $100 billion in US projects over the next four years.
(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 ...