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SFTBF News and Press, Softbank Corp Fgn From 07/05/21

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

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SFTBF - China's cyber probe includes Full Truck Alliance and Kanzhun

Klaus Vedfelt/DigitalVision via Getty Images DiDi Global (DIDI) isn't the only U.S.-listed Chinese company to removed from app stores by Beijing. Truck-hailing service Full Truck Alliance Co. (YMM) an online recruiting app Kanzhun (BZ) - backed by tech giant Tencent (TCEHY) - have also been t...

SFTBF - Beijing orders Didi to be removed from app stores

Mlenny/E+ via Getty Images Just days after Didi (DIDI) raised nearly $5B from investors in its U.S. IPO, China's Cyberspace Administration has ordered the company's app removed from app stores, noting serious issues with Didi's usage of customers' personal information. Those who already ...

SFTBF - Why NVIDIA Stock Jumped 23% in June

Shares of NVIDIA (NASDAQ: NVDA) gained 23.1% in value last month, according to data provided by S&P Global Market Intelligence . During June, Broadcom , Marvell Technology , and MediaTek expressed support for NVIDIA's $40 billion acquisition of Arm Holdings f...

SFTBF - Is NVIDIA Headed to $900? 3 Things to Know

Shares of NVIDIA (NASDAQ: NVDA) have climbed by 31% since the semiconductor company unveiled its newest data center chips at its investor day on April 12. The stock closed trading on Tuesday at $801, and some analysts think it can go even higher. The analysts covering NVIDIA for...

SFTBF - SoftBank Robotics cuts staff, ends Pepper robot production - Reuters

tupungato/iStock Editorial via Getty Images SoftBank ([[SFTBF]],[[SFTBY]]) Robotics is reportedly cutting about half of its 330 staff in France due to development issues and poor sales for the Pepper robot. Reuters sources and internal documents say SoftBank Robotics stopped producing the hum...

SFTBF - Didi Global's $4B IPO order books to close today

Leonardo Patrizi/E+ via Getty Images Didi Global (DIDI) is closing investor order books for its U.S. IPO one day early today, according to Reuters, after setting a price range of $13 to $14 per American Depositary Share. By the numbers: 288M ADRs would be offered in the IPO. An overallotment ...

SFTBF - Redfin vs. Compass: Which Is the Better Real Estate Technologist Stock?

Real estate technology has nabbed a lot of attention amid a booming housing market. Zillow Group (NASDAQ: Z) (NASDAQ: ZG) remains the pioneer and industry leader here, and though it has struggled as of late, Opendoor Technologies (NASDAQ: OPEN) is making the instant ...

SFTBF - SoftBank's Son open to further buybacks amid stock pullback

tupungato/iStock Editorial via Getty Images SoftBank ([[SFTBF]],[[SFTBY]]) shares have pulled back with broader tech weakness and closed Wednesday flat at 7,688 yen. A further pullback could set the stage for further share buybacks. During the annual shareholder meeting, founder Masayosh...

SFTBF - Coupang Answers On Expansion: Examining Prospects, Challenges

Since its IPO, Coupang has spurred discussion of expansion beyond the potentially constraining South Korean market. Recent news suggests Coupang is getting serious about expansion with Singapore, Malaysia, and Japan as targets and each of these has inherent opportunities and challenge...

SFTBF - Credit Suisse cuts lending relationship with SoftBank founder Son

Credit Suisse (CS) is continuing its breakup with SoftBank ([[SFTBF]],[[SFTBY]]) after the Greensill Capital collapse.The bank has long been one of the largest personal lenders to SoftBank CEO Masayoshi Son. In February of this year, Son had around $3B worth of his SoftBank stake pledged as c...

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