Page 2 - Masayoshi Son

SoftBank Group's Masayoshi Son plans job cuts after record $23-bn loss

Reports $17.3-bn fall in Vision Fund's value, $6.1-bn forex loss

SoftBank plans Vision Fund job cuts after record $23.1-bn net loss in Q2

SoftBank was in a bubble on valuations, no sacred areas for cost cuts, says CEO

Top headlines: Adani may join spectrum race, Musk pulls out of Twitter deal

Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight

Rajeev Misra may raise $8-10 bn for his new fund, in talks with gulf royals

Sources say it is also possible that Son may invest some money in the fund through Softbank or other vehicles, although this could not be confirmed

SoftBank's Masayoshi Son to face shareholders shaken by $34 bn loss

Shareholders looking for signs of recovery see a portfolio awash with red instead

SoftBank Group's top executives pay slashed after historic Vision Fund loss

SoftBank Group's founder and Chief Executive Officer Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000)

SoftBank CEO pays price for tech bets with $20 billion loss at Vision Fund

The Vision Fund swung to a loss of 2.64 trillion yen ($20.5 billion) for the year ended Mar. 31, compared with a 4.03 trillion yen profit in the previous year

SoftBank reports $13 billion FY net loss, faces sliding tech portfolio

The slump is casting a shadow on founder and CEO Masayoshi Son's strategy of heavy concentration in high-growth stocks increasingly out of favour with investors as interest rates rise

SoftBank COO to leave after dispute with Masayoshi Son over compensation

Marcelo Claure was already one of the highest paid executives at the Japanese tech giant after earning a pay package of $17 million in 2020.

SoftBank shares slump 9% Monday after week of bad portfolio news

The stock is off more than 35% this year, on track for its worst annual decline since 2006

SoftBank COO spars with Masayoshi Son, demands $2 billion in compensation

Son and other senior SoftBank executives in Japan are seeking to pay Claure a much smaller sum

SoftBank dragged into red in Q2 by falling Vision Fund valuations

"The strategy of let's create the perception of enhanced value by taking things public hasn't really worked this year," Redex Research analyst Kirk Boodry said

It's time for SoftBank Group to stop buying and start selling

Net income at the Japanese company dropped 39% for the June quarter, while profit at its eponymous investment unit plunged almost 90% amid a decline in the share prices of key holdings

SoftBank pauses China investing as tech crackdown roils portfolio

SoftBank to wait and see on China, says Chief Executive Masayoshi Son

Masayoshi Son to make personal investments with SoftBank's Vision Fund

The billionaire made the disclosure as his company reported earnings, explaining he will begin to co-invest in Vision Fund 2, an investment vehicle where SoftBank has been the sole source of capital

SoftBank CEO Masayoshi Son says share buybacks remain an option for firm

SoftBank Group Corp CEO Masayoshi Son said on Wednesday share buybacks remain an option for the conglomerate, amid a slide in its shares

SoftBank Group may invest $700 mn in Flipkart after exiting firm in 2018

Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.

Looks like the games ain't happening

A nationwide survey in Japan, conducted between May 7 and 9, by the conservative Yomiuri Shimbun, showed 59 per cent wanted the Games cancelled as opposed to 39 per cent who said they should be held.

SoftBank Group chief executive Masayoshi Son's pay fell by half last year

The disclosure ahead of SoftBank's annual general meeting on June 23 follows a turbulent year which saw the group pounded by the Covid-19 pandemic before rebounding to record profit

SoftBank's first female director to leave after challenging Masayoshi Son

Yuko Kawamoto, a professor at Waseda University, will step down on June 23 after just one year in the role, SoftBank said in a statement on Friday