Softbank

Technology

As SoftBank Vision Fund managing partners Yanni Pipilis and Munish Varma leave, the fund has lost 10+ top execs since 2020, putting pressure on Masayoshi Son (Bloomberg)

[ad_1] Bloomberg: As SoftBank Vision Fund managing partners Yanni Pipilis and Munish Varma leave, the fund has lost 10+ top…

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Technology

Masayoshi Son says SoftBank will be cutting its startup investments by 50-75% through March 2023, after its Vision Fund unit reported a full-year loss of $20B+ (Veronica Irwin/Protocol)

[ad_1] Veronica Irwin / Protocol: Masayoshi Son says SoftBank will be cutting its startup investments by 50-75% through March 2023,…

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Technology

SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group to a $13.15B annual net loss, as stocks decline and inflation rises (Sam Nussey/Reuters)

[ad_1] Sam Nussey / Reuters: SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group…

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Technology

An interview with former SoftBank COO Marcelo Claure on his investment firm Claure Group, his current relationship with Masayoshi Son, helming WeWork, and more (Isabela Fleischmann/Bloomberg Línea)

[ad_1] Isabela Fleischmann / Bloomberg Línea: An interview with former SoftBank COO Marcelo Claure on his investment firm Claure Group,…

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Business

Fanatics adds SoftBank executive, former Airbnb marketing chief to board of directors

[ad_1] A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the…

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Startups

SoftBank, Sony back $60M round for gaming infrastructure software startup AccelByte

[ad_1] (AccelByte Image) The news: AccelByte, a Seattle startup that provides backend tools for “live service” video games, raised $60…

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Technology

Sources: SoftBank and Arm are close to an agreement to regain control of Arm China and oust its rogue CEO Allen Wu; Wu was fired in 2020 but refused to leave (Bloomberg)

[ad_1] Bloomberg: Sources: SoftBank and Arm are close to an agreement to regain control of Arm China and oust its…

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Technology

Sources: SoftBank expects to retain a controlling stake in Arm and sell a smaller portion of shares than originally expected in Arm's planned IPO (Ian King/Bloomberg)

[ad_1] Ian King / Bloomberg: Sources: SoftBank expects to retain a controlling stake in Arm and sell a smaller portion…

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Technology

Steven Mnuchin's Liberty Strategic Capital acquires a majority stake in enterprise security company Zimperium for $525M; SoftBank will retain a minority stake (Krystal Hu/Reuters)

[ad_1] Krystal Hu / Reuters: Steven Mnuchin’s Liberty Strategic Capital acquires a majority stake in enterprise security company Zimperium for…

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