SFTBF News and Press, Softbank Corp Fgn From 10/23/20

SoftBank ([[SFTBF]],[[SFTBY]]) reinstates an interim dividend payments at the same rate as last year, 22 yen per share.The company hasn't yet determined the year-end dividend forecast.In May, SoftBank warned of no dividend when reporting a record $13B annual loss partially attributed to ...

The We Company (WE) is reverting to the original WeWork name to make it clear the company is once again focusing on office sharing.Adam Neumann changed the name in January 2019, months before the failed, SoftBank-backed ([[SFTBF]],[[SFTBY]]) IPO and Neumann's departure.WeWork's new manag...

SoftBank ([[SFTBF]],[[SFTBY]]) suspended its share buybacks in August but returned with a $380M program in September. The Japanese tech giant resumed purchases the day after Nvidia's $40B purchase of Arm was announced.The company completed the roughly $4.8B buyback that was announced in ...

Last month, Financial Times reported that SoftBank ([[SFTBF]],[[SFTBY]]) was scooping up "huge amounts" of tech stock options and called the company the "Nasdaq whale" fueling the tech rally.SoftBank exec Rajeev Misra is now dismissing those reports, telling Bloomberg, "Nobody buying $10 bill...

According to SoftBank ([[SFTBF]],[[SFTBY]]) exec Rajeev Misra, the company's Vision Fund will launch a SPAC in the next few weeks.Axios sources say Goldman Sachs and Citigroup would oversee the IPO, which wouldn't involve acquiring an existing SoftBank portfolio company.SoftBank Inv...

This real-money portfolio was first introduced to the Seeking Alpha community in December 2015. The portfolio outperformed its benchmark in Q3 2020, but it is still lagging the S&P 500's performance since late 2015. The portfolio was overweight Financials and Industrials headi...

The global autonomous vehicle [AV] market demand is expected to reach 4.2 million units by 2030, expanding at a CAGR of 63.1% from 2020 to 2030. AV revenues will be spread across several areas such as the software developers, hardware developers, the EV companies selling EV fleets, an...

SoftBank's ([[SFTBF]],[[SFBTY[[) Arm and Microsoft (MSFT) are teaming up to create a standard set of tools that streamline the process of transferring a device's sensor data to the cloud for analysis and then back to the device to provide notifications.Microsoft is obviously interes...

Last week's report that SoftBank ([[SFTBF]],[[SFTBY]]) had returned to its tech options buying spree didn't hurt the company. Shares of the Japanese tech giant closed trading today at 6,955 yen, the highest level since early 2000.SoftBank had neared these highs in August before the first opti...

Last week, SoftBank ([[SFTBF]],[[SFTBY]]) Robotics launched automation analytics software for its floor-cleaning robot Whiz, which launched last November for U.S. customers.Whiz Connect combines telemetry from Whiz units with data analytics and machine learning (via the cloud-connected B...