Softbank

Some UK officials and SoftBank staff blame onerous FCA rules, complexity and cost, inflexibility, and political chaos for Arm's decision to shun London listing (Financial Times)

March 4, 2023

[ad_1] Financial Times: Some UK officials and SoftBank staff blame onerous FCA rules, complexity and cost, inflexibility, and political chaos…

Sources: Arm decided against a London listing for now to focus on a sole New York listing later this year; SoftBank aimed for a $60B+ valuation for Arm in 2022 (Bloomberg)

March 1, 2023

[ad_1] Bloomberg: Sources: Arm decided against a London listing for now to focus on a sole New York listing later…

Masayoshi Son owes SoftBank ~$5.1B on side deals he set up to boost his compensation, as his unrealized losses grew ~$400M from three months before (Bloomberg)

February 8, 2023

[ad_1] Bloomberg: Masayoshi Son owes SoftBank ~$5.1B on side deals he set up to boost his compensation, as his unrealized…

SoftBank reports a Q3 loss of ~$5B for its Vision Fund, its fourth straight quarterly loss, and investments of less than $350M in only a few startups (Bloomberg)

February 7, 2023

[ad_1] Bloomberg: SoftBank reports a Q3 loss of ~$5B for its Vision Fund, its fourth straight quarterly loss, and investments…

Filings: Masayoshi Son's SoftBank stake grew from 32.2% in end-September to 34.2%, up from 26.7% in March 2019, granting additional rights over mergers and more (Bloomberg)

December 8, 2022

[ad_1] Bloomberg: Filings: Masayoshi Son’s SoftBank stake grew from 32.2% in end-September to 34.2%, up from 26.7% in March 2019,…

Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second Vision Fund is close to zero, down from $2.8B in 2021 (Financial Times)

November 17, 2022

[ad_1] Financial Times: Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second…

Sources: SoftBank sells 29.35M Paytm shares, or a 4.5% stake, for $200M, causing Paytm stock to drop 9%+; Vision Fund was Paytm's second-largest shareholder (Reuters)

November 17, 2022

[ad_1] Reuters: Sources: SoftBank sells 29.35M Paytm shares, or a 4.5% stake, for $200M, causing Paytm stock to drop 9%+;…

SoftBank reports a $7.3B loss for Vision Fund in Q2, down from a $16.6B loss in Q1, driven by declines in public investments, such as SenseTime and Doordash (Bloomberg)

November 11, 2022

[ad_1] Bloomberg: SoftBank reports a $7.3B loss for Vision Fund in Q2, down from a $16.6B loss in Q1, driven…

Arm sheds 40% of the staff that it had hired as part of a SoftBank pledge to the UK government, amid concerns that the company is shifting its focus abroad (Financial Times)

October 4, 2022

[ad_1] Financial Times: Arm sheds 40% of the staff that it had hired as part of a SoftBank pledge to…

UK-based blockchain gaming startup Improbable, which raised $500M from SoftBank in 2017, is close to raising £100M at a £3B+ valuation, up from £2.5B in 2018 (Financial Times)

October 3, 2022

[ad_1] Financial Times: UK-based blockchain gaming startup Improbable, which raised $500M from SoftBank in 2017, is close to raising £100M…