Recent events
Recent events tied to this brand in public sources.
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2020
SoftBank selected Nokia 5G core network solution
SoftBank selected Nokia's cloud-native 5G core network software to support the launch of its 5G standalone services. Nokia said it would support SoftBank's network and new consumer and enterprise use cases.
2020
SoftBank and Naver plan compulsory acquisition of Line shares
SoftBank and Naver said they plan to use a squeeze-out mechanism to acquire Line shares from minority shareholders and obtain full ownership after their tender offer did not acquire all targeted shares.
2020
Nvidia agrees to acquire Arm from SoftBank
Nvidia agreed to acquire Arm from SoftBank in a transaction valued at nearly $40 billion, structured as a combination of Nvidia stock and cash.
2020
SoftBank explores acquiring TikTok's India business
Reports said SoftBank had begun exploring an acquisition of TikTok's India business. Discussions were at an early stage, and whether a transaction could be reached depended on factors including valuation and government regulation.
2020
SoftBank and Oyo formalize Latin America partnership
SoftBank and Oyo formalized their Latin America partnership through the creation of Oyo Latam and its board. The partnership had started in 2019.
2020
SoftBank and Oyo formalize Oyo Latam joint venture
SoftBank and Oyo formalized their Latin America partnership through the creation of Oyo Latam, a joint venture that will take over 1,000 hotels, mainly in Brazil and Mexico. The source does not state the date of formalization.
2020
SoftBank and Oyo formalize Latin America joint venture
SoftBank and Oyo formalized their Latin America partnership through the creation of Oyo Latam, a newly formed company that will take over more than 1,000 hotels, mainly in Brazil and Mexico. SoftBank said the partnership had started in 2019.
2020
OPPO announces 5G phone sales in Japan
OPPO announced that it would sell 5G smartphones in Japan through KDDI and SoftBank. Find X2 Pro sales through KDDI were stated to begin that day, and Reno3 5G sales through SoftBank on July 31.
2020
Arm announces plan to spin off two IoT businesses to SoftBank
Arm announced plans to spin off its two IoT businesses, which would transfer them to SoftBank; the move was awaiting further board review and standard regulatory review.
2020
GTI and international operators and manufacturers publish a 5G global terminal initiative
GTI jointly issued a 5G global terminal initiative with China Mobile, Bharti Airtel, T-Mobile, SoftBank, Vodafone, KT, Huawei, Qualcomm and other participants. The initiative called for the development of multi-mode, multi-band 5G terminals supporting functions including 5G messaging.
2020
Alibaba founder Jack Ma left SoftBank's board
Alibaba founder Jack Ma formally left SoftBank's board on the same day that SoftBank CEO Masayoshi Son announced his departure from Alibaba's board.
2020
SoftBank sells a large portion of its T-Mobile US stake
SoftBank sold a large portion of its stake in T-Mobile US through a share sale that priced on Tuesday, valuing T-Mobile US stock at $103 each. The article says the deal was expected to help SoftBank raise $14.8 billion.
2020
Bango enables SoftBank carrier billing on Amazon.co.jp
Bango enabled carrier billing for SoftBank customers on Amazon.co.jp, allowing customers to charge eligible purchases, membership fees and subscription services to their mobile phone bill.
2020
Vision Fund prepares planned staff cuts
According to sources cited in the report, SoftBank Group's Vision Fund was preparing to cut about 15% of its staff, with cuts of up to 80 employees among roughly 500 planned. The cuts were not reported as completed.
2020
SoftBank launches Opportunity Growth Fund
SoftBank launched the Opportunity Growth Fund, which is intended to invest in companies led by founders and entrepreneurs of color and will initially start with $100 million.
2020
Jack Ma leaves SoftBank Group board
Jack Ma left the SoftBank Group board after serving as a director for 13 years.
2020
SoftBank to recommend three new directors
SoftBank said it would recommend Cadence Design Systems CEO Lip Bu Tan and Waseda Business School professor Yuko Kawamoto as outside directors. The supplied text also refers to a third new director but does not identify that person.
2020
Adam Neumann sues SoftBank over canceled stock deal
Adam Neumann sued SoftBank, alleging that it relied on legally faulty pretexts to withdraw from an agreement to buy stock from employees and other shareholders. SoftBank called the claims meritless and said it had no obligation to complete the tender offer under the agreement.
2020
Adam Neumann sues SoftBank over canceled WeWork stock deal
WeWork co-founder Adam Neumann sued SoftBank over its decision to abandon a $3-billion deal to buy stock from employees and other shareholders. SoftBank's chief legal officer described the claims as meritless and said the agreement did not require SoftBank to complete the tender offer.
2020
WeWork special committee sues SoftBank over failed acquisition offer
WeWork's special committee sued SoftBank and its affiliates, alleging they breached the Master Transaction Agreement by failing to complete the planned tender offer and breached fiduciary duties to WeWork's minority shareholders.