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Ex-Google Executive Wants Saudi Telecom to Be the Next Softbank

EghtesadOnline: A year ago, Abdulrahman Tarabzouni was working on Google’s Project Fi trying to disrupt the telecommunications industry. Now he’s back in his native Saudi Arabia with a mission to bring the country’s national phone carrier, Saudi Telecom Co., into technology investing.
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Publish Date:25/March/2017 | 07:42

Uber Rival Grab Raising $1.5 Billion in New Funding Round

EghtesadOnline: Grab, Uber Technologies Inc.’s largest rival in Southeast Asia, plans to raise more than $1.5 billion in a new funding round backed by SoftBank Group Corp., people familiar with the matter said.
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Publish Date:25/March/2017 | 05:49

Japan Bank Buys UK Firm for $32b

EghtesadOnline: Japan’s Softbank has acquired UK semiconductor firm ARM Holdings in a deal worth over $32 billion, the companies announced on Monday, as the Japanese telecoms giant bolsters its presence in the growing Internet of Things sector, CNBC reported.
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Publish Date:19/July/2016 | 15:30

SoftBank Group reports record losses as Ma quits board

EghtesadOnline: Struggling Japanese conglomerate SoftBank Group on Monday reported record losses, as the coronavirus pandemic compounded woes caused by its investment in troubled office-sharing start-up WeWork.
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Publish Date:18/May/2020 | 24:42