softbank

SoftBank’s bets gone all wrong: Highest ever loss in Q1 2022

Softbank's Masayoshi Son, a billionaire who is known for his aggressive bets on tech startups, is set to break another record, albeit an unpleasant one. SoftBank Group Corp.'s Vision Fund investment division may have lost a humongous amount...

Swiggy To Have A Bigger Warchest To Take On Zomato

As the Indian investments community is excited about the Zomato IPO, scheduled for tomorrow, the arch-rival Swiggy is busy preparing a bigger war chest to take on Zomato. The Competitive Commission of India (CCI) has given approval to $450 million...

WeWork IPO: With $9 Billion Valuation And Merger, Softbank Takes A Shot, Again!

Perseverance does pay off. The news of WeWork IPO is once again creating waves! The development coming from WeWork’s corner is the latest example to prove precisely that. Having failed spectacularly on its first attempt at IPO, WeWork has risen...

Bowing Out With A Jackpot: Adam Neumann Has the Last Laugh!

A fall from grace and a far cry from the days of hype and hubris, Softbank has finally moved in to resolve the pending lawsuit with Adam Neumann - one of the most controversial startup entrepreneurs in recent times. After...

Masayoshi Son Bids Adieu To SoftBank Telecom Unit For Something Big!

Masayoshi Son is bidding adieu to the domestic telecommunication unit that has long been central to his technology empire SoftBank Corp and is all set to welcome a transition of power. According to a statement issued by the company, Son’s...

Masayoshi Son’s Giant Bet On Ride-Hailing Sector Is Finally Paying Off As SoftBank Sells $2 Billion In Uber Stocks!

Following the surge in the value of U.S. headquartered ride-hailing giant Uber, SoftBank Group Corp’s Vision Fund cashed in on the same by selling close to $2 billion in Uber Technologies stock! According to a filing with the United Securities &...

Nvidia Agrees To Buy ARM From SoftBank: $40 Billion Deal With Many Ifs And Buts

Masayoshi Son has been looking to sell off Arm for quite some time and finally, it seems like he has managed to find the perfect buyer for it albeit with some complications. In what is being called the largest-ever...

SoftBank Sets Eyes On TikTok India

If you think that acquisition of TikTok India is now a two horse race, involving giants like Microsoft and Reliance Jio, you are highly mistaken. TikTok’s acquisition is filled with twists turns and potholes. To add to the same, now...

OYO Gets New CEO And Merger To Boost Its Business In Japan

The hospitality industry has been one of the worst-hit due to COVID-19. The pandemic left the sector heavily crippled and forced many businesses to take some really tough decisions. OYO is no exception! It is reported that the Indian-origin...

After Humiliating Exit From WeWork, Adam Neumann is Back With His New Venture

The new venture of Adam Neumann seems to be equally exciting as his last one WeWork. WeWork's shining rise over the past decade and humiliating fall back in 2019 left a lasting impact on entrepreneurs and investors alike. The startup...
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Meta introduces 3D Avatars for Facebook, Instagram, and you must use it

Meta Platforms, Facebook's parent company, has introduced virtual 3D avatars for Indian users. The avatars will be available...
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