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SoftBank Group Corp

Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

by Edgar Davis
Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel has sold its …

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Elliott has Starbucks stake, in talks with management: WSJ

by Anas Siddiqui
Elliott has Starbucks stake, in talks with management: WSJ

A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Elliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to …

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Britain looks to upstage France with play for world’s third major AI hub

by Walter Watson
Britain looks to upstage France with play for world’s third major AI hub

City of London skyline view looking over the River Thames and Waterloo Bridge at sunset on 10th February 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty …

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SoftBank CEO predicts AI that is 10,000 times smarter than humans

by Walter Watson
SoftBank CEO predicts AI that is 10,000 times smarter than humans

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions …

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SoftBank founder Masayoshi Son aims to foster an era of ‘super’ AI in new investment drive

by Anas Siddiqui
SoftBank founder Masayoshi Son aims to foster an era of ‘super’ AI in new investment drive

Son, at times visibly overtaken with emotion, talked about how he wanted to change the world before he leaves it for good. The 66-year-old invoked his late friend Steve Jobs, …

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Nvidia rally overnight lifts chip-related stocks in Asia on AI optimism

by Walter Watson
Nvidia rally overnight lifts chip-related stocks in Asia on AI optimism

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) …

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TravelPerk acquires US rival AmTrav, bags $135 million for expansion

by Walter Watson
TravelPerk acquires US rival AmTrav, bags 5 million for expansion

Avi Meir, CEO and co-founder of corporate travel management startup TravelPerk. TravelPerk LONDON — TravelPerk, a European corporate travel booking platform, told CNBC on Tuesday it has acquired Chicago-based startup …

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Southwest Airlines faces activist challenge from Elliott

by Anas Siddiqui
Southwest Airlines faces activist challenge from Elliott

A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023.  Mike Segar | Reuters Activist hedge fund Elliott Management has amassed …

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SoftBank shares soar on report Elliott Management’s pushing for buybacks

by Walter Watson
SoftBank shares soar on report Elliott Management’s pushing for buybacks

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings …

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SoftBank earnings Q4 and full year FY 2023

by Edgar Davis
SoftBank earnings Q4 and full year FY 2023

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, …

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