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SoftBank Doubles Buyback Plans While Jack Ma Leaves Board

SoftBank Doubles Buyback Plans While Jack Ma Leaves Board

(Bloomberg) -- SoftBank Group Corp. doubled the amount it plans to spend buying back shares and announced changes to its board, including the resignation of...
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UAE Ruler, SoftBank’s Son to Oversee Building of Indonesia’s New Capital

(Bloomberg) --Indonesia nominated Abu Dhabi Crown Prince Mohammed Bin Zayed Al Nahyan to chair a panel to oversee the construction of a new capital,...
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After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny

(Bloomberg) --In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. As...
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SoftBank telecom unit plans first bond sale since its listing

(Bloomberg) --The Japanese telecommunications business of billionaire Masayoshi Son’s conglomerate is planning to sell its first bond since listing, in a test of investor...
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SoftBank Is Eyeing Burgers, Digital Pharmacy for Second Vision Fund

(Bloomberg) --SoftBank Group Corp. is teeing up investments for the successor to its gargantuan Vision Fund. It’s in talks to back a pharmaceutical delivery...
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WeWork Staff, Facing Job Cuts, Express Outrage at Founder Payout

(Bloomberg) --WeWork will narrowly avoid financial ruin and in the process, reward its former leader, Adam Neumann, with as much as $1.2 billion. The...
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Mubadala Is Undecided on SoftBank’s Next Vision Fund

(Bloomberg) -- Mubadala Investment Co., which committed $15 billion to SoftBank Group Corp.’s Vision Fund, has yet to decide whether it’s signing up for the...
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wework ceo adam Neumann

WeWork, WeWait, WeWorry: What’s Next for CEO Adam Neumann?

(Bloomberg) -- Steve Schwarzman has doubts. So does Larry Ellison. And so, too, do the growing numbers of Wall Street bankers and investors who...
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SoftBank’s Son Transforms $5.5 Billion to $17 Billion Overnight

Call it the Masayoshi Son mathematical distortion field. The founder of SoftBank Group Corp. added about 1.94 trillion ($18 billion) to the market value of...
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Saudi-backed Softbank to invest total $10bn in WeWork

SoftBank, which has already invested more than $8bn in WeWork, had looked at spending $16bn to buy a larger position in the company. SoftBank Group...
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