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SFTBF News and Press, Softbank Corp Fgn From 11/25/20

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Company Name: Softbank Corp Fgn
Stock Symbol: SFTBF
Market: OTC

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SFTBF - Kaixin Auto Holdings Is A SoftBank-Led Mess

Kaixin gained significant investor interest shortly before announcing a merger with Chinese motor vehicle e-commerce platform Haitaoche. However, details on the deal are few and Kaixin itself is experiencing significant issues with its business. I think Kaixin could be worthless, ...

SFTBF - Travelers, State Farm, And Nationwide Make $60M Bet On 3D Measurement App HOVER, Fueling E-Commerce Portal Growth

Travelers (TRV), State Farm Ventures, and Nationwide led the $60M Series D round for 3D exterior measurement app HOVER at a $490M post-money valuation. GV ([[GOOG]],[[GOOGL]]) and Guidewire Software (GWRE) also participated in the funding. HOVER allows smartphone users to snap multiple pictur...

SFTBF - Nvidia and Arm pulled and refiled merger notification with antitrust officials - MLex

Nvidia ([[NVDA]] +0.4%) and SoftBank's ([[SFTBF]],[[SFTBY]]) Arm have pulled and refiled their premerger notification with U.S. antitrust officials, according to MLex sources via Bloomberg.MLex says companies usually refile when trying to narrow a request for additional information or wh...

SFTBF - Qualcomm Continues 5G Push With Four New Startup Investments

Last October, Qualcomm (QCOM) launched the Qualcomm Ventures 5G Ecosystem Fund to invest $200M in companies "developing innovative solutions across the entire 5G value chain." The fund had three key investment areas: innovative 5G uses cases that push the tech beyond smartphones, 5G network t...

SFTBF - SoftBank Group Corp (SFTBY) CEO Masayoshi Son on Q2 2021 Results - Earnings Call Transcript

SoftBank Group Corp (SFTBY) Q2 2021 Earnings Conference Call November 9, 2020 02:30 AM ET Company Participants Masayoshi Son - Chairman & CEO Conference Call Participants Sam Nussey - Reuters Morita - TV Tokyo Ryo Inoue - Asahi Tatsuhisa Shirakabe - Nikkei Business Phred Dvorak - Wall Str...

SFTBF - SoftBank eyeing sale of robotics company Boston Dynamics to Hyundai - Bloomberg

Robotics company Boston Dynamics, born at MIT and acquired by Google then SoftBank ([[SFTBF]],[[SFTBY]]) created the dog-like robot Spot, which helped the company attract YouTube views but not a profit.Bloomberg sources say SoftBank is looking to sell Boston Dynamics to Hyundai ([[HYMLF]...

SFTBF - SoftBank Group Corp. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by SoftBank Group Corp. in conjunction with their 2020 Q2 earnings call. For further details see: SoftBank Group Corp. 2020 Q2 - Results - Earnings Call Presentation

SFTBF - SoftBank Vision Fund's COO and four partners have resigned

SoftBank ([[SFTBF]],[[SFTBY]]) Vision Fund COO Ruwan Weerasekera has retired. Neil Hadley, chief of staff to the fund's CEO, will add the COO duties to his current responsibilities.Investor relations head and partner Penny Bodle has also left the fund. And operating partner Avi...

SFTBF - FPA Crescent Fund Q3 2020 Commentary

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund gained 3.80% for the third quarter and declined -5.12% for the f...

SFTBF - SoftBank follows return to share buybacks with an interim dividend

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 ...

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