Softbank names new CEO
Softbank has named company insider Junichi Miyakawa (pictured) as the new chief executive of its retail telecoms business.
Softbank has named company insider Junichi Miyakawa (pictured) as the new chief executive of its retail telecoms business.
A former employee of Japanese operator group Softbank, who now works for rival MNO Rakuten Mobile, has been arrested on suspicion of violating unfair competition prevention law.
The Federal Trade Commission is asking Nvidia to submit more documents as part of its preparation for the competition investigation into the chipmaker’s $40 billion takeover of Arm.
Japanese operator group Softbank has picked Nokia to provide the core software for its standalone 5G services.
Softbank has made a hefty investment in Swedish software company Sinch, which says it will use the proceeds of the sale to fund further M&A.
The long and winding road to 5G-assisted driving passed another milestone this week, thanks to Japan-based Softbank and car maker Subaru.
Softbank has a acquired a 9.69% stake in Norway’s Kahoot! at a cost of US$215 million, and is reportedly looking for external funding for a new acquisition vehicle.
Even flogging Arm and much of its eponymous Japanese operator isn’t enough to cover SoftBank’s speculative positions, it seems.
Despite raising $41 billion already this year, Softbank reckons it needs a bunch more cash to protect itself from the effects of a COVID-19 resurgence.
Shareholders in Japanese tech conglomerate SoftBank are having to come to terms with the fact that it’s now effectively an investment fund.
There are further signs that Softbank wants to flog UK mobile chip designer Arm to compensate for its reckless investment strategy.
Swedish kit vendor Ericsson has cemented its place as SoftBank’s best buddy by adding 5G core work to its recent 5G RAN deal win.
The apparent SoftBank fire sale looks set to continue with the rumour that even crown jewel ARM is on the table.
The official line is the move will allow Arm to give more attention to its core semiconductor business, but it will also allow financially strained parent-company Softbank to sell a slice.
Japanese telecoms operator Softbank has confirmed it is exploring options to offload its stake in T-Mobile US as COVID-19 weighs very heavily on other investments.
Japanese conglomerate SoftBank had a nightmare quarter thanks to massive losses at its Vision Fund investment arm and it might need to raise a few yen quickly.
COVID-19 is causing waves across the world, and now Japanese telco Softbank has warned the pandemic might well be the cause of ¥1.8 trillion ($17 billion) loss in the investment unit.
Japanese telcos KDDI and Softbank have inked a network sharing partnership to ease the commercial pressures of connectivity in the rural regions.
For millions of individuals and businesses, the threat of COVID-19 is financial ruin, but there are parts of the technology industry that are benefiting from the considerable changes forced on society.
In what could be interpreted as an attempt to protect the Japanese conglomerate from the impact of COVID-19, Softbank has announced it will sell assets to the value of JPY4.5 trillion ($41 billion).
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