Sam Nussey
Stories by Sam Nussey
SoftBank cuts about 150 staff globally including at Vision Fund, say sources
The cuts will affect staff in the investment teams and back-office staff in departments such as finance and legal.
SoftBank’s Son may talk to Samsung about ‘strategic alliance’ for Arm during Seoul visit
Son "may make a proposal" next month, Samsung Vice Chairman Jay Y. Lee is reported to have said.
SoftBank said to weigh launching third Vision Fund
The fund will likely launch early next year if the Japanese tech conglomerate decides to proceed
Japan’s SoftBank to cut at least 20% of Vision Fund staff
The conglomerate will cut at least 100 positions and could announce the reductions as early as this month.
Sony to buy mobile game developer Savage Game Studios in push beyond consoles
Sony is struggling to produce PS5 consoles amid supply chain snarls.
Slashing Alibaba stake is a sign that SoftBank’s Son has cooled on China tech
SoftBank's other Chinese bets include Full Truck Alliance and JD Logistics.
With Alibaba stake sale, SoftBank’s Son cools towards China tech
Son was formerly one of the sector's biggest cheerleaders
SoftBank to book $34b gains from cutting Alibaba stake
SoftBank will reduce its stake in Alibaba to 14.6% from 23.7% by settling prepaid forward contracts.
SoftBank steps up asset sales from sinking portfolio
As valuations fall, easy options for raising cash are getting harder to come by.
SoftBank posts $17b loss in Q2 at Vision Fund unit due to tech slump
SoftBank said it booked a 296b yen loss on the value of Vision Fund's private investments.
