December 13th, 2016Apple Inc has held talks to invest up to USD 1 billion in a new USD 100 billion tech fund being set up by Japan's SoftBank Group Corp, a source familiar with the matter told Reuters.
SoftBank is investing at least USD 25 billion in the fund and has been in talks with Saudi Arabia's Public Investment Fund (PIF) for an investment that...
December 3rd, 2016Positive on India's prospects, Japan's SoftBank today pledged that it will "surpass" the stated commitment of investing USD 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses.
"We have already invested USD 2 billion in last few years... we will surpass my commitment of investing...
June 21st, 2016In line with trending terms like "Brexit" and "Rexit", now Twitterati have coined a new expression "Nexit" after India-born Nikesh Arora announced his surprise resignation as President and COO at SoftBank.
For the past several days, two words Brexit and Rexit have been trending. Brexit in short stands for Britains possible exit from...
May 26th, 2016Nikesh Arora, a Ex-Googler and the president and COO of SoftBank Group, received heafty pay check of $73 million (8.04 billion yen) in 2016. Arora's compensation includes $14.2 million (1.56 billion) paid by other SoftBank units.
After Google, Arora had joined SoftBank as its vice-chairman and CEO of SB Group US (previously SoftBank...
January 6th, 2016New Delhi: Investment firm SoftBank’s founder Masayoshi Son, taxi-hailing service Uber’s founder Travis Kalanick and collaborative workspace provider WeWork’s founder Adam Neumann will attend the government’s Start-up India event next week, where Prime Minister Narendra Modi will unveil an action plan to assist early-stage...
