WeWork, the struggling office space company, said on Friday that it had reached a deal with SoftBank and other investors to significantly reduce its debt and secure new financing. The…
Tag: SoftBank
Nvidia Deal to Buy Arm From SoftBank Is Off After Setbacks
SAN FRANCISCO — Nvidia, the Silicon Valley chip maker, has ended its nearly 18-month effort to buy Arm, which licenses chip technology used in most smartphones. Nvidia, a fast-growing company…
Marcelo Claure Is Said to Be Leaving SoftBank
Marcelo Claure, a top deputy to SoftBank’s founder, Masayoshi Son, will step down as chief operating officer after a dispute over roughly $2 billion in possible compensation. SoftBank, a Japanese…
Live Business News: Stock Market and Softbank Dispute
GraphicWorkers installing a lot more Bitcoin mining machines at a mining facility in Texas. Price ranges for the cryptocurrency plunged over the weekend.Credit score…Mark Felix/Agence France-Presse, by way of Afp…
A Top SoftBank Executive Wants $2 Billion in Pay. His Boss Disagrees.
Amazed by Mr. Claure’s ambition and hustle, Mr. Son tapped him to operate Sprint, which was dropping cash, bleeding subscribers and badly lagging its larger rivals, AT&T and Verizon. Mr.…