5 Aug,2022 | Industry Leaders Magazine, Leadership
SoftBank Group Corp. is not having a happy time of it. First, came the pandemic, and with it several missteps at portfolio companies like WeWork and Greensill; then a downturn in tech stocks that hit holdings such as Coupang Inc. and Alibaba Group Holding Ltd; and now...
9 Feb,2022 | Industry Leaders Magazine, Leadership
Graphics chip maker Nvidia Corp has surpassed Meta Platforms Inc, Facebook’s parent to become the seventh-largest U.S. company. On Monday, Nvidia’s market value was at $618.2 billion in comparison to Meta’s $612.2 billion. Nvidia’s shares gained 1.7% in the session,...
23 Nov,2021 | Industry Leaders Magazine, Leadership
SoftBank backed Fortress Investment Group is planning to acquire Accordia Golf, which operates around 170 golf courses in Japan, in a $3.5 billion deal. Accordia Golf, Japan’s largest portfolio of golf courses, was previously a part of Goldman Sachs investments in the...
28 Sep,2021 | Industry Leaders Magazine, Leadership
UK-founded live ticketing platform Dice has raised $122 million in the latest funding round. SoftBank and former Apple and Nest executive Tony Fadell are leading the investment. A part of the teams involved in the development of iPod and iPhone, Tony Fadell will be...
27 Jun,2021 | Industry Leaders Magazine, Leadership
Masayoshi Son of SoftBank was put in the dock at the annual shareholder meeting on Wednesday and grilled over governance failures after the collapse of Greensill and Katerra. The 63-year-old defended the Japanese conglomerate’s governance structure during the...