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SoftBank Group Corp. is moving to sell more of its stake in Chinese internet giant Alibaba Group Holding Ltd., unwinding the bet that spurred the Japanese company’s ambition to invest billions ...
in Alibaba Group Holding Ltd. should come as no surprise. Continued restrictions imposed by Beijing on Chinese industry ... been the core strategy of his SoftBank Vision Fund.
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. (Photo by Alessandro ... % of value from its peak in October 2020, as Beijing remains intent on reining in the market ...
Michelle Inez Simon TOKYO—SoftBank Group Corp.s net profit dropped 40% in the latest quarter as the company said it is holding back on new investments in China while it sees how Beijing’s move ...
The SoftBank-owned firm used many pages of its IPO prospectus to warn investors of risks related to its exposure to China at a time of rising tension between Washington and Beijing over chip ...
SoftBank Group Corp's decision to sell down its Alibaba ... late 2020 has been exacerbated by tensions between Washington and Beijing. Alibaba has been added to the U.S. Securities and Exchange ...
Beijing has been making great strides despite ... a new report claims that OpenAI—ChatGPT’s parent company—and Japan’s ...
TOKYO, March 30 (Reuters) - SoftBank Group (9984.T), opens new tab said ... two-thirds of its value from highs in late 2020, hit by Beijing's crackdown on the tech sector that included a hefty ...
Masayoshi Son, the billionaire head of SoftBank Group, may have heaved a sigh of ... of bad luck for a company that has been buffeted by Beijing's crackdown on tech.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Beijing has urged chip designer Arm to work more closely with Chinese companies in an indication of the ...
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How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of DebtGlobal tech investor SoftBank Group is turning to a familiar tool to fund its $40 billion investment in ChatGPT maker OpenAI announced late Monday: debt. The Tokyo-based company, led by ...
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