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SoftBank owns the Fukuoka SoftBank Hawks professional baseball team. SoftBank also operated in the eco-power industry through subsidiary SB Energy until its sale. It has various partnerships in Japanese subsidiaries of foreign companies such as Yahoo! (which has resulted in Yahoo! Japan), E-Trade, Ustream.tv, EF Education First and Morningstar.
SoftBank later accumulated further shares in Sprint to about 84% ownership. [53] [54] Sprint and T-Mobile US merged in 2020 in an all shares deal for $26 billion. By 2021, SoftBank Group Corp. had acquired 4.5% of Deutsche Telekom AG (parent company of T-Mobile) and sold its stake in T-Mobile US Inc. to the German telecommunications carrier. [55]
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies. ... He also owns a $117.5 million Silicon Valley estate that comes with a 9,000 ...
In February 2020, it was reported that Elliott Management built a more than $2.5 billion stake in the Japanese conglomerate Softbank Group. [87] In August 2022, Financial Times reported that Elliott had sold almost all its shares in SoftBank purportedly after losing conviction in Masayoshi Son's ability to lead a turnround. [1]
From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21, 2025.
President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced Monday morning at Mar-a-Lago that the company is expected to invest $100 billion in US projects over the next four years ...
SoftBank Group sold more than half of Arm China in 2018 to a local consortium consisting of various parties including China Investment Corp. and the Silk Road Fund, effectively relinquishing majority ownership of its Chinese subsidiary to a group of investors with ties to the Chinese state. From 2020, a discord between Arm and the effective ...
PALM BEACH, Florida (Reuters) -President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that SoftBank would invest $100 billion in the U.S. over the ...