softbank

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...

WeWork Valuation: $2.9 Billion, Way Below Than Estimated $47 Billion 6 Month Ago

If you are thinking it is some kind of clickbait, you are highly mistaken. The debate on the valuation of WeWork once again talk of the town as SoftBank now believes that they paid too much for a real...

More Trouble For SoftBank As Jack Ma Resigns?

The year 2020 has been extremely brutal for SoftBank Group, the Japanese multinational conglomerate. Now, to make things even worse, it has reportedly been found out that Jack Ma who was a crucial board member of the SoftBank Group...

Is SoftBank Losing Grip On The Startup Ecosystem? To Incur $12.5 Billion Loss!

The ongoing financial challenges for SoftBank are far from getting over anything soon. It looks like all the huge bets that the SoftBank Group’s Vision Fund placed on tech companies are coming to bite them back. The company has...

SoftBank On Uneven Grounds With Vision Fund 2: Spent $2.5 Billion To Boost Confidence

The Japanese tech conglomerate SoftBank Group Corp seems to be highly optimistic about the investment scenario worldwide even after a few recent debacles, WeWork being the primary one among all. To keep the growth intact and to portray...

Finally, SoftBank is Taking Over WeWork!

After weeks of being in the controversial limelight, Adam Neumann and his company WeWork is finally set to meet its ultimate fate. According to various sources of Reuters, Softbank is all set to take over WeWork in a deal...

BSNL 5G And IoT Services To Be Launched In Collaboration With Softbank and NTT

Apparently, India is going to play a pivotal role in the development of 5G Technology in the technology space and with the waves that have already hit the country, it seems unstoppable! What's more interesting is the role of BSNL...

The Mounting Losses Of Ola Could Soon Make The Mega-Merger A Reality

Ola, already in a bruising battle for market leadership in the Indian market against American rival Uber, has registered a loss as high as Rs. 4,897.8 Crore in FY16-17. This loss has been widening its gap irrespective of the...

Paytm May Acquire Freecharge After Raising $1.5 Billion From SoftBank

After Flipkart's largest-ever round of funding, other Indian unicorns have apparently set their eyes on raising billions of dollars in their next round of funding. Mobile Wallet platform Paytm, the most aggressive player among all, is reportedly in talks...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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