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 for SoftBank, which has been trying to get >>
Softbank News
Google finally sold Boston Dynamics, and all its insane robots
Inventor of all manner of awe-inspiring and uber-creepy robots, Boston Dynamics has finally found a buyer. SoftBank, the Japanese Google-alike which has been on a buying spree of late, just announced that it >>
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 comes from a presentation given to the U.S. Chamber >>
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 is actually a lowball. Supercell has consistently generated >>
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 Federal Communications Commission support SoftBank’s $21.6 billion acquisition >>
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 to sign off on both SoftBank’s acquisition of >>
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 on Tuesday evening. Following SoftBank’s revised offer for >>
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 and stock. SoftBank notes that $4.5 billion in >>
