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Latest Articles in softbank

Saudi Arabia, SoftBank Plan $100 Billion Tech Fund

The plan is part of a series of dramatic business initiatives launched by Riyadh this year as Saudi Arabia, its economy hurt by low oil prices, deploys huge financial reserves in an effort to move into non-oil industries

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SoftBank Sees Sharp Recovery For Sprint, Flags Much Investment For ARM

Son wants ARM to play a central role in the tech industry's shift to the 'internet of things' - a network of devices, vehicles and sensors that collect and exchange data

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SoftBank Shares Sink 10 Per Cent After $32 Billion ARM Purchase

SoftBank's charismatic founder Masayoshi Son has said the company had raised nearly $19 billion in cash over the last few months through asset disposals, including the sale of shares in Alibaba

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India Doubles Down On Solar Parks After SunEdison Setback

The solar parks are sought after by companies because the Indian government acquires land for the installations and sets up transmission lines, major attractions in a country notorious for red tape and public opposition to land transfers

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SoftBank To Buy UK Chip Designer ARM For Around $32 Billion

A deal would also come just weeks after Britain voted to leave the European Union, a decision that has battered sterling and bolstered the yen

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People In The News: Not Ready To Wait

Flipkart co-founder Binny Bansal has punched his ticket to one of the most high-profile neighbourhoods of Bangalore with a nearly $5-million (Rs 32 crore) house in Kormangala

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SoftBank Investors Shrug Off Abrupt Exit Of Heir Apparent Nikesh Arora

SoftBank Group investors shrugged off on Wednesday the surprise departure of the heir apparent at the Japanese internet and telecoms conglomerate, welcoming founder Masayoshi Son's decision to stay in the top seat for longer.

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After Brexit And Rexit, ‘Nexit’ Trends On Nikesh Arora’s Exit

In line with trending terms like ‘Brexit’ and ‘Rexit’, Twitteratis have coined a new expression ‘Nexit’ after Nikesh Arora announced his resignation as president and COO at SoftBank

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SoftBank’s Nikesh Arora Steps Down; To Take On Advisory Role At SoftBank Group

SoftBank Group has said that President Nikesh Arora would resign as of Wednesday's shareholders meeting, less than two years since he joined the Japanese Internet conglomerate

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Globescan: Summer Sense

Software maker Microsoft is selling about 1,500 of its patents to Chinese device maker Xiaomi, a rare departure for the US company and part of what the two companies say is the start of a long-term partnership

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India To Attract Significant Portion Of Uber's Latest $3.5 Billion Fund

The latest round of funding is said to be one of the biggest venture capital investments in history that brings Uber's total fundraising to about $12.5 billion with valuation unchanged at $62.5 billion

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Japan's SoftBank Plans To Sell $7.9 Billion In Alibaba Stock To Cut Debt

Investors have been worried about finances at the Japanese internet and telecoms company since its 2013 acquisition of a majority stake in No. 4 US wireless carrier Sprint Corp which has been burning cash amid fierce competition for subscribers

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SoftBank's Investments In India May Surpass $10 Billion

SoftBank, which owns one of Japan's biggest mobile carriers and a controlling stake in US-based Sprint Corp, will make its first $350 million investment in a solar project in India

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Japanese Investors Keen On India's Infrastructure Growth Story, Says Arun Jaitley

Japanese conglomerate SoftBank and a number of investors here have shown keen interest in investing in India's 'infrastructure growth story', Finance Minister Arun Jaitley said on Sunday as he kicked off his 6-day visit to Japan aimed at attracting investments from Asia's second biggest economy

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Jaitley To Meet Abe, Japanese Industry Leaders

The finance minister is scheduled to meet chiefs of SoftBank, Suzuki Motor and Japan International Cooperation Agency

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