Wework
Finance
SoftBank Vision Fund head's pay doubled last year despite massive losses
SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 ......
Infrastructure
WeWork India lays off 20% of workforce as virus lockdowns weigh
WeWork’s India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup ......
Finance
SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'
Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to ......
TMT
WeWork co-founder Neumann sues SoftBank over failed tender offer
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating ......
TMT
SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......
Finance
For SoftBank's Masayoshi Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses ......
Finance
Fading Vision Fund to tip SoftBank into first loss in 15 years
SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen due to the worsening performance ......
Infrastructure
WeWork sues SoftBank for dropping $3 bn tender offer
A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday ......
Infrastructure
SoftBank scraps $3 bn deal for additional WeWork shares
Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with ......
TMT
SoftBank Group's shares slump on scepticism over startup bets
SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......
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