Tag: SoftBank
SoftBank Threatens to Withdraw $3B WeWork Stock Deal
SoftBank Group told shareholders of WeWork that it could withdraw from an agreement to buy US$3 billion of stock in the embattled co-working business,...
Shareholders OK SoftBank’s Yahoo Japan, Messaging App Merger
A SoftBank subsidiary operating Yahoo Japan online services gained shareholders' approval Wednesday, March 11, on its merger with messaging app provider Line aimed at...
Intel, Apple Are Using Antitrust Suit As Intimidation Claims Fortress
SoftBank Group subsidiary Fortress Investment fired back at antitrust claims filed in San Francisco federal court by Apple and Intel, calling the lawsuit “an...
US: Apple, Intel file antitrust case against SoftBank-owned firm
Apple and Intel on Wednesday (November 21) filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group unit stockpiled patents to hold...
India: CCI to probe SoftBank’s Oyo, MakeMyTrip
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd gives special treatment to SoftBank-backed hotel chain Oyo on its...
US: SoftBank unveils $9.5B WeWork rescue
WeWork has been thrown a multi-billion-dollar lifeline from Softbank that will give the Japanese company more control of the troubled property start-up.
In a statement,...
US: Intel files antitrust case against SoftBank-backed firm
Chipmaker Intel has filed an antitrust lawsuit against a SoftBank owned investment company alleging the firm stockpiled patents to hold up technology companies with...
US: WeWork to be taken over by Softbank
WeWork co-founder Adam Neumann will reportedly get about US$1.7 billion under a deal in which SoftBank will take control of the troubled company, reported...
US: SoftBank is reportedly seeking to take control of WeWork
Softbank has readied a financing package to take control of WeWork and further sideline the company’s founder Adam Neumann, The Wall Street Journal reported,...
Japan: SoftBank CEO eases Sprint’s merger with T-Mobile happen
Under the deal announced Sunday, April 29, to merge Sprint with T-Mobile in the United States, SoftBank will end up with a minority stake...
