Softbank

Gambling Man by Lionel Barber: A lively account of the rollercoaster life of SoftBank’s billionaire founder

Masayoshi Son is at centre of Barber’s dizzying tour of tech bro billionaire boom-and-bust culture

Fri Nov 22 2024 - 04:16

Barry Napier: From a double-digit wage cut to a multi-million euro pay day

Top 1000: Cubic Telecom CEO sold a majority share in his business to Japan’s SoftBank last year for €473m, a deal that helped him secure the title of The Irish Times Business Person of the Year

Thu Sept 12 2024 - 05:00

The competition is coming for Nvidia

Chipmaker expects to maintain 76% profit margins but enormous margins mean competition is inevitable

Tue Feb 27 2024 - 06:00

Buyer beware of skyrocketing Arm shares

Arm trades on 90 times estimated earnings with just 10% free float and a looming lock-in expiry

Sun Feb 18 2024 - 06:00

Cubic Telecom shareholders net €473m payout from sale of majority stake to SoftBank

Irish firm in reach of €1 billion ‘unicorn’ status after Japanese giant acquires controlling stake in it

Tue Dec 05 2023 - 07:00

SoftBank posts record €26bn Vision Fund loss

Rising interest rates and Chinese tech sector crackdown damage funds’ biggest holdings

Thu May 12 2022 - 07:57

Revolut rival Vivid withdraws application for Irish e-money licence

Fintech offers basic banking services and allows users to invest in stocks and crypto

Wed Mar 30 2022 - 11:39

Clearco creating 125 jobs to provide €100m to Irish ecommerce firms

New jobs to aid expansion and primarily cover sales and business development

Wed Mar 30 2022 - 05:00

Stripe goes all in on crypto with comprehensive support for businesses

Payments firm founded by Patrick and John Collison builds solution for FTX exchange

Thu Mar 10 2022 - 18:06

Helping staff survive the trauma of a takeover threat

Three steps managers can take to bring staff through periods of great uncertainty

Fri Feb 18 2022 - 05:20

EU eases state aid rules in multi-billion euro boost for chip sector

Strategy is to cut dependence on US and Asian supply

Tue Feb 08 2022 - 13:28

‘Hard to overstate the incompetence’: The best business quotes of 2021

The most memorable utterances of the year on bitcoin, climate action and more

Fri Dec 31 2021 - 05:53

SoftBank sells $550m of WeWork debt

Low price on bonds that were part of 2019 rescue package underscores lacklustre investor reception

Fri Dec 10 2021 - 10:36

SoftBank shares fall as value of portfolio companies plummet

As of Monday, firm trading at more than a 50% discount to its October 1st net asset value

Mon Dec 06 2021 - 07:57

US regulator sues to halt Nvidia’s acquisition of Arm

Federal Trade Commission case is latest hurdle in multibillion-dollar chip mega-deal

Fri Dec 03 2021 - 10:55

Tier takes over Belfast Bikes scheme after acquiring Nextbike

Micromobility operator valued at $2bn after recently closing $200m funding round

Mon Nov 15 2021 - 17:09

‘Buy now, pay later’ giant Klarna launches in Irish market

Swedish firm allows consumers to split cost of online purchases into three payments

Tue Nov 09 2021 - 05:34

US companies Trinseo and Sendoso to create more than 200 jobs

Sendoso announces Irish companies whose products will be available via its platform

Thu Oct 07 2021 - 05:30

European stocks skid on inflation angst as oil jumps

Tesco up 4% after raising outlook; launching £500m share buyback programme

Wed Oct 06 2021 - 09:42

Activist fund Elliott targets Toshiba by building stake

People close to Japanese group say size does not exceed 5%

Thu Sept 30 2021 - 17:42

Wearable tech company Whoop to create over 50 jobs in Dublin

Co-founder and chief executive Will Ahmed says scope to create many more roles locally

Thu Sept 30 2021 - 05:30

Revolut eyes launch of ‘buy now, pay later’ product next year

Pandemic has fuelled use of credit services such as Klarna

Fri Sept 24 2021 - 13:06

Blockdaemon to expand in Galway after $155m fundraise

Company backed by SoftBank and Goldman Sachs established Galway office in 2018

Thu Sept 23 2021 - 16:46

Revolut to offer commission-free stock trading to US customers

Start-up already has 15m personal customers and 500,000 businesses using its products

Tue Sept 21 2021 - 14:57

US gifting platform Sendoso to establish Irish operation after raising $100m

Company has developed platform that offers up to 30,000 gifts that can be sent out to staff

Tue Sept 14 2021 - 14:30

Deutsche Telekom ups bet on US market with SoftBank deal

Deal will also see Japanese group take stake in German telecoms operator

Tue Sept 07 2021 - 11:29

Planet Business: A cautionary tale from Silicon Valley

Game over for China’s young video players, as the Premiership’s transfer window closes

Fri Sept 03 2021 - 05:37

European markets buoyant as jobs growth slowdown subdues US

European tech stocks approaching dotcom bubble-era highs

Wed Aug 04 2021 - 20:18

SoftBank builds €5bn stake in Roche becoming one of largest investors

Japanese conglomerate believes Roche’s Genentech division is highly undervalued, sources say

Wed Aug 04 2021 - 10:08

European stocks extend record run on earnings optimism

Optimism comes despite concerns about glbal spread of Delta variant

Wed Aug 04 2021 - 08:43

Global share staunch sell-off but investors worry about Delta spread

Japan’s Nikkei ends at six-month low amid rising Covid-19 cases

Tue Jul 20 2021 - 13:45

Revolut valued at $33bn after raising $800m from backers

Revolut has more than 1.5m Irish customers and 16m globally

Thu Jul 15 2021 - 10:06

WeWork loses $2.1bn and a quarter of its members as lockdowns bite

Settlement with ousted co-founder Adam Neumann also counted for about $500m

Thu May 20 2021 - 18:43

European stocks mark worst sell-off this year as travel and tech tumble

Wall Street’s main indexes slide for the second straight day with Iseq also in decline

Tue May 11 2021 - 18:31