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Latest Masayoshi Son Stories

2011-05-09 06:30:00

NEW YORK, May 9, 2011 /PRNewswire/ -- Gilt Groupe, Inc., an innovative online shopping destination, today announced it has raised $138 million from new and current investors. The new financing will be used for various growth initiatives, including acquisitions, new business categories Gilt plans to launch, as well as the acceleration of growth in existing categories and geographies. (Logo: http://photos.prnewswire.com/prnh/20080625/NYW098LOGO) Participants in the financing round...

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2011-03-02 11:12:16

Yahoo announced in December that it was cutting about 600 jobs in its third wave of layoffs since late 2008 as chief executive Carol Bartz oversees a reorganization for the internet pioneer. Following the layoffs, Yahoo Inc. has been in talks to potentially unload its $7 billion stake in Yahoo Japan, an AFP report said on Wednesday, citing a source close to the matter. Negotiations, however, are still in early stages and nothing is near to completion, according to the Wall Street Journal....

2011-02-04 08:20:00

SHANGHAI, Feb. 4, 2011 /PRNewswire-Asia/ -- On Feb 4th, 2011, PPLive (Shanghai, China) CEO, Dr. Vincent Tao confirmed that the company has received an investment of 250 million USD from SOFTBANK CORP. (Tokyo, Japan, Representative: Masayoshi Son). This is the Series D Round financing for PPLive. This deal is the single largest investment in a video company since Google's acquisition of YouTube. The size of funding raised is more than what other Chinese video companies have raised either...

2008-09-10 12:00:22

While Yahoo! (YHOO) was fending off an unsolicited buyout bid from Microsoft (MSFT) earlier this year, the fate of the Web portal's Japan unit looked uncertain. Would Yahoo unload its 33% stake in Yahoo Japan (4689.T) to appease unhappy shareholders who were demanding that the company raise its value? Yahoo would have had no trouble finding a buyer. As Japan's most popular starting point on the Net, Yahoo Japan has a sizable lead in online search over its closest rival, Google (GOOG),...

2008-07-11 18:00:14

Tokyo, July 11 (Jiji Press)--U.S. Apple Inc.'s next-generation iPhone mobile handset made its strong Japanese market debut Friday morning, with more than 1,500 customers making a long line from the night before in front of the first store to sell the cool gadget in central Tokyo. The iPhone 3G, launched at Softbank Mobile Corp.'s retail outlet in the posh Omotesando district, is becoming available for purchase at other Softbank shops and electronics retail stores across Japan from noon....

2008-06-24 02:29:37

Tokyo, June 23 (Jiji Press)--Softbank Mobile Corp. on Monday announced the prices of Apple Inc.'s iPhone mobile handsets to be launched in Japan on July 11. With a special discount that comes with payments in 24 installments, the total cost will be 23,040 yen for a handset with 8 gigabytes of memory and 34,560 yen for a 16GB handset. The prices will be for customers newly subscribing to Softbank Mobile's services. The company, a unit of Internet and telecommunications business...


Word of the Day
conjunto
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin