Rajeev Misra, a top Wall Street financial engineer who now heads the Vision Fund, will take charge of the larger company, to be based in London
The focus on SoftBank's bond guarantees highlights how the market remains concerned about the broader company's huge debt that it's accumulated making investments around the globe
Uber employees with at least 10,000 of vested shares will be eligible to sell
Softbank's core business is tech investing
Masayoshi Son's brainchild hasn't finished raising money but the next could be double in size
LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp <9984.T> and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year.
SoftBank inked deals to acquire and invest in startups at breakneck speed, using the new fund as well as existing ones, reports TechinAsia
SoftBank doesn't expect to receive much of a premium to Sprint's current share price
Softbank's offer to Flipkart is very similar to what was on the table but without Snapdeal
Son outlines the strategy behind those deals and the company's planned $100 billion technology fund
SoftBank Group also agreed to buy Japanese bipedal robotics company Schaft
SoftBank has already made robotics a central pillar of its forward plans, reports Tech in Asia
However, the company carries a $125 billion debt, reports Tech in Asia
The firm will raise its holding over time and begin to work more closely with Nvidia
India wants to cut down on a ballooning Rs 7 lakh crore crude import bill
A stake in Nvidia will push SoftBank to bet on emerging trends such as artificial intelligence
With a new $100-billion technology fund, SoftBank is likely to go after market leaders
SoftBank aims to reach $100 billion with a final close within six month
Focus to be on long-term investments, foundational platform businesses seeking next-gen innovation
Next stage of the Information Revolution is under way, says Softbank Vision Fund said in statement