Page 2 - Masayoshi Son

SoftBank's Masayoshi Son raises stake, can now block special resolutions

Son's stake has grown in percentage terms as a result of a recent series of massive share buybacks, a SoftBank spokesperson said

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns

The Vision Fund segment lost 1.02 trillion yen in July-September, following a 2.33 trillion yen loss in the June quarter. Overall, the Japanese conglomerate logged net income of 3.03 trn in last qtr

All eyes on Buffett, Son India stakes as Rs 1.15-trillion lock-ups end

While high-profile tech IPOs have met with strong demand from the growing herd of retail investors, market pros have been more neutral on the stocks

Paytm, Nykaa among tech stocks under watch as lock-in period ends

Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the past month

SoftBank's Masayoshi Son discusses setting up third Vision Fund: Report

The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another startup fund as one of several possible priorities for the money

Masayoshi Son now down $4 bn on SoftBank side deals due to market downturn

Masayoshi Son holds 17.25% of a vehicle set up under SoftBank's Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund

Top headlines: SoftBank warns of funding cuts, Vedanta eyes $100 bn revenue

Business Standard brings you the top headlines at this hour

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