Masayoshi Son

Katalyst Ventures, a single-GP fund led by Susan Choe, has raised $34 million

There aren’t a lot of venture funds that are led by a single general partner who happens to be a woman. Sonja Hoel Perkins is one. The longtime Menlo Ventures managing director founded her own venture firm two years ago.<p>Cindy Padnos, who spent four years with Outlook Ventures as a director before …

Venture Capital

Boston Dynamics Spot Mini: The Robot That Could Replace Your Dog

And you don't even have to house train it.<p>By Inverse Videoon January 19, 2018<p>Filed Under Boston Dynamics, Design, Google, Pets & Robots<p>The revolution …

Robots

Ping An Health App Near $400 Million SoftBank Funding, Sources Say

SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal ahead of the Chinese …

Didi Chuxing

SoftBank telecoms IPO faces headwinds from govt-backed upstarts

© Reuters. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo<p>By Sam Nussey and Yoshiyasu Shida<p>TOKYO …

Uber Completes Sale of $9.3 Billion in Stock Led by SoftBank

Uber Technologies Inc. completed its deal with SoftBank Group Corp., triggering a slate of governance reforms at the ride-hailing company.<p>Uber …

Uber

Masayoshi Son may raise yet more cash to pump into tech

AT AN investor briefing in 2015, Masayoshi Son, chief executive of SoftBank, flashed up a picture of a goose. The company is like the bird of legend …

Economics

The Next 100 Years: 2018 Message from Forbes CEO/Asia

As we embark upon the new year, I would like to reflect on the highlights of 2017. It was certainly a memorable year as <i>Forbes</i> marked its 100th Anniversary.<p>To commemorate this milestone, <i>Forbes Asia</i> published a special centennial issue in September, featuring portraits and quotes from 100 great …

Business

William Pesek: Son faces $18bn test with IPO plan

Masayoshi Son, the world's most flamboyant venture capitalist, said recently that his core business is not boring old telecommunications, but …

10 things in tech you need to know today

Good morning! Here is the tech news you need to know this Tuesday.<p><b>1. Messaging app Telegram is planning to raise $1.2 billion (£870 million) in its initial coin offering, starting with a $600 million (£435 million) pre-sale.</b> Company documents have shown it's also planning to rival Ethereum with its …

Japan Is Trying to Avoid China's Bike-Sharing Mess

Bike sharing has a lot going for it. It’s mass transit that’s ultra-cheap, burns body fat instead of fossil fuels and is adored by venture …

Business

Term Sheet -- Tuesday, January 16

CRYPTO ROADBLOCKS<p>Good morning, Term Sheet readers.<p>I got a scoop over the weekend regarding a bank’s move to curb cryptocurrency-related international …

Venture Capital

What Is Sprint's Future?

There are two distinct camps, both diametrically opposed to each other concerning the survivability of Sprint. They both can’t be right.<p>The Internet …

Business

Japan's SoftBank Explores Listing Its Telecom Business -- WSJ

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (January 16, 2018).<p>TOKYO -- SoftBank Group Corp. said Monday it may list shares of its profitable Japanese cellphone operator, a move that …

Markets

Data Sheet—Facebook and Journalism Go Their Separate Ways

NEWSWORTHY<p><b>Peanut butter in my chocolate</b>. Speaking of <b>Facebook</b>, the social network’s continued rise as a cultural and economic force is creating more …

Tech Industry

SoftBank has invested €460 million into a German car startup

Japanese tech behemoth SoftBank has invested €460 million (£409 million) into used car marketplace Auto1, valuing the startup at €2.9 billion (£2.6 billion).<p>Founded in Berlin in 2012, Auto1 has sold hundreds of thousands of cars on its platform. Revenues in 2016 came in at €1.5 billion (£1.3 …

Technology

SoftBank says ‘no decision has been made’ about subsidiary IPO

Japanese technology giant SoftBank Group has confirmed that it’s considering spinning out its domestic wireless subsidiary on a separate public listing, however it added that no final decision has been made.<p>SoftBank Corp., formerly known as SoftBank Mobile Corp. before it expanded into fixed-line …

Business

Watch Where the Money Goes After SoftBank Telco IPO

Softbank Group Corp. could be selling its cash cow. Investors excited about the news should pay close attention to where that cash ends up.<p>The Japanese tech conglomerate is considering selling 30% of its successful domestic telecom business in an initial public offering that could raise around $18 …

Business

SoftBank to IPO part of its mobile business: Report

The Japanese corporate giant is reportedly set to part with a third of its mobile business.<p>SoftBank Group will list approximately one third of its …

Robots

SoftBank targets $18bn spin-off listing of telecoms business

Japan’s SoftBank is in discussions over a spin-off Tokyo listing of its domestic telecoms business as billionaire founder Masayoshi Son seeks to …

T-Mobile

SoftBank: legacy issue

One way a company can hope to grow for 300 years is by making limited, leveraged bets backed by a stable cash flow. SoftBank, the Japanese telecom …

Softbank

Masa and the Goose - Bloomberg Gadfly

Masayoshi Son wants to sell the goose. At least, some of it.<p>As much as people love to talk about the founder of SoftBank Group Corp. being a …

Business

SoftBank invests €460m in online car dealer Auto1

Japanese conglomerate SoftBank has agreed to invest €460m in Auto1, a fast-growing German online car dealer, in one of the biggest funding deals ever …

Startups

The top trends of CES 2018: From almost autonomous vehicles to sensors everywhere

For a week each January, Las Vegas becomes Las Betas. The VentureBeat crew checked out CES 2018, the big tech trade show last week, and we’ve come up with the top trends of the event. These trends are bigger than any single company, and they could change the landscape in the coming years.<p>We were …

Business

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp (9984.T) plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.<p>The parent will sell some 30 …

Business

SoftBank set for $18 billion telecoms spin off

Japanese firm SoftBank could be set for an $18 billion IPO as it looks to spin off its domestic telecoms business units as a separate entity. In a …

Consulting

SoftBank's Vision Fund Invests $560 Million in Auto1 Car Portal

SoftBank Group Corp.’s Vision Fund will invest 460 million euros ($560 million) in Auto1 Group GmbH, valuing the used-car sales portal at about 2.9 …

Business

D.C.-area technology investment soared in 2017, but early-stage firms still struggle

Venture capitalists poured $1.55 billion into D.C. area technology start-ups last year, an industry report found, as a handful of so-called megadeals propelled the region to a six-year high for technology investing in 2017.<p>The influx of new money is seen as encouraging to local technology …

Business

Japan's SoftBank Group soars on listing reports

Shares in Japan’s SoftBank Group soared nearly six percent Monday on reports it could list its mobile unit, potentially raising some $18 billion in …

SoftBank Climbs After Saying IPO of Mobile Unit Is an Option

SoftBank Group Corp. shares rose in Tokyo trading after the company said it is considering an initial public offering for its mobile phone unit.<p>The …

Markets

SoftBank shares climb 4.5% on talk of listing mobile unit

Shares in Japanese conglomerate SoftBank Group Corp rose more than 4 per cent on Monday as the company confirmed listing its mobile unit was an …

Mobile