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In a splashy announcement on his second day in office, President Trump told Americans that a new $500 billion project — backed by SoftBank , Oracle , and OpenAI — would generate “ over ...
In the 1980s, Son founded SoftBank, a company that today pours billions of dollars of capital into tech startups, including through its Vision Fund. Son's SoftBank has invested in some major tech ...
SoftBank Group CEO Masayoshi Son smiles as he listens to President-elect Donald Trump during a news conference at Mar-a-Lago, Monday, Dec. 16, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci)
SoftBank's corporate profile includes various other companies such as Japanese broadband company SoftBank BB, data center company IDC Frontier and the publishing company SB Creative. SBI Group is a Japanese financial services company that began in 1999 as a branch of SoftBank. [ 164 ]
In July 2022, SoftBank Corp and Z Holdings announced that they would consolidate PayPay, a smartphone payment service. SoftBank Group, the parent company of SoftBank Corp, had a 50% stake in PayPay and was a consolidated subsidiary. However, SoftBank Corp and Z Holdings jointly invested and established a new holding company called B Holdings.
Later that year, Candy Digital received $100 million financing round, valuing the company at $1.5 billion. The round was led by Insight Partners and SoftBank Vision Fund2, and included NFL Hall of Famer Peyton Manning, Connect Ventures and Will Ventures. [40] In January 2022, Fanatics divested its 60% stake in Candy Digital. [41]
"It will ensure the future of technology," Trump said at a news conference at the White House, where he was joined by executives from the high-profile companies. "What we want to do is we want to ...
In July 2016, immediately following the UK's Brexit referendum, SoftBank announced plans to acquire Arm Holdings for £23.4 billion ($31.4 billion) which would be the largest ever purchase of a European technology company. In September 2016, SoftBank announced that the transaction was complete. The total acquisition price was approximately £24 ...