Softbank Group

SoftBank Group Corp. (OTC:SFTBF) (OTC:SFTBY) has approved a second $22.5 billion installment to complete its $30 billion investment in OpenAI, led by CEO Sam Altman. Check out the current price of SFTBY stock here.  Board Approval Contingent On Restructuring According to a report by The Information...

Two of the globe’s largest chip manufacturers will clash in court this week due to a disagreement over intellectual property. What Happened: Arm Holdings plc's (NASDAQ:ARM) legal spat with Qualcomm Inc. (NASDAQ:QCOM) commenced Monday, Dec. 16, before a federal jury in Delaware, Bloomberg...

In a move that could solidify its status as Europe’s most valuable startup, Revolut, a UK-based fintech major, is reportedly eyeing a valuation of over $40 billion in an employee share sale. What Happened: Revolut, which is backed by SoftBank Group Corp. (OTC:SFTBY), is working with Morgan...

A new stablecoin pegged against the Dirham was launched which will protect consumers from high inflation rates in the U.A.E.  What Happened: Former Softbank Group Corp executive Akshay Naheta founded a company, DTR, in the United Arab Emirates (UAE) International Financial Free...

Several venture capital firms — including Menlo Park, California-based Sequoia Capital, Singapore's Temasek Holdings, Japan's SoftBank Group of Japan, and Hong Kong's Sino Global Capital — face a class action lawsuit due to their alleged involvement in the downfall of FTX....

Japanese investment holding company SoftBank Group Corp. (OTC:SFTBY) is rumored to be eyeing the listing of its Arm chip design unit in an initial public offering in mid-to late-September. What Happened: Softbank, run by Masayoshi Son, will apply to the SEC later this month for a Nasdaq listing of...

Who is selling NVIDIA Corporation (NASDAQ: NVDA) with the stock already down more than 20% this month? That's the question Jim Cramer pondered Tuesday when he analyzed the semiconductor stock on CNBC's "Mad Dash" segment.  What Happened: Nvidia continued...

SoftBank Group Corp’s (OTC: SFTBY) directors have approved a plan to repurchase shares totaling 4.5 trillion yen or $41 billion, leading to the company's stock registering the biggest daily gains in 12 years. What Happened SoftBank Group (SBG) announced Monday its plans to sell...

Softbank Group Corp (OTC: SFTBF), the parent company of telecom provider Sprint Corp (NYSE: S) has announced it is willing to cede control in order to make a deal with T-Mobile US Inc (NASDAQ: TMUS) happen. The deal has been long awaited, and now it appears things are moving in the right direction...