Uber has lost $22 billion in value in the last year
SoftBank, a Japanese tech and telecoms consortium, has acquired a 13-15 percent stake in Uber, according to the Wall Street Journal. The deal is good news …
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The affordable robot assistant of the future is already here
SoftBank CEO and Sprint chairman Masayoshi Son has become something of a maverick. He said he bought Sprint because “I am a man, and every man …
Almost one-third of U.S. households have no choice for broadband Internet service
Nearly one-third of households in the United States have either no choice for home broadband Internet service, or no options at all. The frightening statistic …
Why is a Japanese carrier paying $1.5 billion for half of a Finnish app vendor?
Japanese carrier SoftBank and GungHo just paid $1.5 billion for a 51% stake of Supercell. What the heck is going on? Valuing Supercell at $3 billion …
Sprint merger expected to close this week as SoftBank is downgraded to junk
SoftBank’s credit has been downgraded following the FCC’s approval of its acquisitions of Sprint and Clearwire, which SoftBank said it expects to close on July 10th. …
FCC approves SoftBank merger with Sprint and Clearwire
The U.S. Federal Communications Commission on Friday approved SoftBank’s acquisition of Sprint. The agency also gave Sprint the green light to purchase the remaining 49% …
Sprint-SoftBank merger reportedly on track for quick FCC approval
Long-struggling wireless carrier Sprint is about to get a much-needed dose of good news. Unnamed sources tell Bloomberg that a majority of commissioners at the …
FCC looks set to sign off on Sprint-SoftBank merger
It has taken a while but SoftBank looks like it’s finally about to acquire Sprint. The Hill reports that the Federal Communications Commission appears poised …
Sprint shareholders approve SoftBank merger
Sprint shareholders on Tuesday voted in favor of SoftBank’s merger bid, which amounts to $21.6 billion in cash and stock for an 80% stake in the …
SoftBank CEO expects Sprint deal to close in early July
SoftBank CEO Masayoshi Son is confident that his company’s deal to acquire Sprint will close early next month, Reuters reported. Dish Network was originally looking …
SoftBank cleared for Sprint takeover as Dish abandons bid
Efforts to acquire Sprint have been a long and arduous fiasco for SoftBank, but the Japan-based carrier moved one step closer to completing the deal …
SoftBank responds to Dish with increased offer to acquire Sprint
SoftBank on Monday announced a revised offer to acquire Sprint. The company increased its bid by 7.5% from $20.1 billion to $21.6 billion in cash …
SoftBank could be interested in T-Mobile if Sprint deal fails
Japanese carrier SoftBank is reportedly interested in making a bid for T-Mobile as a potential backup plan in case its deal with Sprint falls through. …
Sprint-SoftBank merger receives security clearance
Sprint on Wednesday confirmed that it has received the go-ahead from the U.S. government to merge with Japanese carrier SoftBank. The Committee on Foreign Investment …
SoftBank grants Sprint permission to consider Dish buyout
Japanese carrier SoftBank has granted Sprint a waiver allowing it to consider Dish’s $25.5 billion bid for the company. The waiver gives Sprint permission to …
SoftBank CEO makes a new case in battle for Sprint
The battle continues between two chief executives and their ambitions to acquire the third-largest wireless carrier in the United States. SoftBank CEO Masayoshi Son and …
Dish chairman hits back at SoftBank, says Sprint will need ’employees who speak English’
Just one day after SoftBank CEO Masayoshi Son attacked the Dish Network over its plan to buy U.S. wireless carrier Sprint, Dish chairman Charlie Ergen hit back …
SoftBank CEO lashes out at Dish, claims it would ruin Sprint
SoftBank chief executive Masayoshi Son has said that his company will not increase its bid for Sprint because it is already offering the better deal than …
SoftBank gives Sprint waiver to discuss proposed Dish merger
Although Japanese carrier SoftBank has been courting Sprint for the past several months, it’s apparently willing to let the carrier see other companies. Sprint announced on …
SoftBank has no plans to sweeten Sprint bid
If Sprint was hoping that Dish’s merger offer would get rival suitor SoftBank to up its bid, it may come away disappointed. An unnamed SoftBank …
SoftBank plans to complete Sprint merger by July, despite offer from Dish
SoftBank doesn’t appear to be worried about Dish Network’s recent bid for Sprint. The Japanese carrier said in a statement to AllThingsD that it believes …
Sprint, Softbank agree to ditch Huawei over spy concerns
Sprint (S) and Japanese carrier Softbank (SFTBY) have confirmed to U.S. lawmakers they won’t use equipment from Huawei following their upcoming merger, Bloomberg reported. Softbank …
DOJ asks FCC to defer Sprint, Softbank merger
The United States Department of Justice has asked the Federal Communications Commission to defer the planned merger between Sprint (S) and Japanese carrier Softbank (SFTBY), according to Bloomberg. A …
Softbank CEO on why he bought Sprint: 'I am a man and every man wants to be number one'
Softbank (SFTBY) CEO Masayoshi Son may hail from Japan, but he’s already showing a cowboy-like swagger that will help him fit right in here in America. …
Softbank's $20 billion Sprint buy gets official
It’s official: Sprint (S) is getting bought up. Japanese wireless company Softbank (SFTBY) announced on Monday that it will pay just north of $20 billion …
So, how good is SoftBank as a giant-killer?
Pretty damn good. Vodafone Japan’s market share of mobile subscribers had crumbled below 17% in 2006 when SoftBank (SFTBY) swooped it up. This is what …
Major Japanese carriers join forces to adopt international NFC standard
NTT DoCoMo, KDDI and SoftBank have created the “Japan Mobile NFC Consortium,” which will help the three carriers coordinate and adopt an international NFC standard. …
