Techmeme

Results 1 - 10 of about 85:

Liana B. Baker / Reuters:
Sources: SoftBank is considering renewing T-Mobile US merger talks in April, may cede control of Sprint   —  Japan's SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG's T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter.
Feb 17, 2017, 4:05 PMIn context
Music Business Worldwide:
Sources: Sprint's 33% stake in TIDAL cost $200M, valuing TIDAL at $600M   —  Well, well, well.  —  Less than a day after MBW ruminated on whether TIDAL would be able to secure some outside help with its funding - and survive without it - a major development has been confirmed.
Jan 23, 2017, 11:35 AMIn context
Bloomberg:
SoftBank CEO meets with Trump, says firm will invest $50B, create 50K jobs in US; source says money to come from SoftBank's previously announced $100B tech fund   —  President-elect says investment will create 50,000 jobs  —  Son was thwarted in attempts to merge Sprint with T-Mobile
Dec 6, 2016, 8:45 PMIn context
Jacob Kastrenakes / The Verge:
Sprint owner SoftBank says it'll invest $50B in US and create 50K new jobs over next four years, as SoftBank CEO Masayoshi Son meets with Trump   —  SoftBank CEO Masayoshi Son made a surprise appearance at Trump Tower today where he appears to have worked out a deal with the president-elect …
Dec 6, 2016, 3:50 PMIn context
Reuters:
SoftBank to sell $7.9B in Alibaba stock to reduce debt; stake in Alibaba will fall to 28% from 32.2%   —  SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that will cut the Japanese firm's debt amid worries about losses at its U.S. telecoms unit Sprint Corp.
May 31, 2016, 8:10 PMIn context
Daniel Thomas / Financial Times:
SoftBank announces reorganization, will split its Japanese business from global operations by year end   —  SoftBank to split in two in bid to spur overseas growth  —  SoftBank will split its Japanese business from more volatile but potentially faster growth global operations that include stakes …
Mar 7, 2016, 9:55 PMIn context
Bloomberg Business:
SoftBank boosts its stake in Sprint to just over 80% with its new stock purchase of $73M   —  SoftBank Boosts Sprint Stake Again With $73 Million Share Buy  —  SoftBank Group increased its stake in Sprint Corp. a second time this month, acquiring $73 million of stock in the unprofitable U.S. wireless operator.
Aug 18, 2015, 5:10 PMIn context
Ryan Knutson / Wall Street Journal:
Inside SoftBank's Struggle to Turn Around Sprint   —  Two years after takeover, SoftBank's Masayoshi Son struggles to overhaul the U.S. carrier  —  Billionaire Masayoshi Son asked to speak with U.S. Ambassador to Japan Caroline Kennedy right away one Saturday last year.
Aug 12, 2015, 10:55 AMIn context
Reuters:
Sprint beats estimates with $20M loss, adds 675K new customers, but now has fewer US subscribers than T-Mobile   —  Sprint reports smaller-than-expected loss; SoftBank to keep stake  —  Sprint Corp (S.N) reported a much smaller-than-expected quarterly loss on Tuesday, and majority owner SoftBank Corp …
Aug 4, 2015, 11:24 AMIn context
Adam Lashinsky / Fortune:
Interview with SoftBank's Nikesh Arora on working alongside Masayoshi Son, investment plans, and Sprint   —  The fast rise of Nikesh Arora at SoftBank  —  Former Google executive Nikesh Arora joined SoftBank last year to oversee the Japanese company's investment strategy …
May 16, 2015, 5:30 AMIn context

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