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Latest SoftBank Corp. Stories

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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...

2011-02-03 06:30:00

SHANGHAI, Feb. 3, 2011 /PRNewswire-Asia/ -- SOFTBANK CORP. (Tokyo, Japan, Representative: Masayoshi Son, hereafter "SOFTBANK") announces that it has acquired 35% stake (voting right base after dilution) into Synacast Corporation, also known as PPLive (Shanghai, China, Representative: Vincent Tao), the operator of "PPTV", a leading online TV service in China (URL: http://www.pptv.com/). (Photo: http://photos.prnewswire.com/prnh/20110203/CN40955LOGO ) "PPTV" is the premier online TV service...

2010-03-04 01:00:00

LONDON, March 4 /PRNewswire-FirstCall/ -- UBM, the leading global provider of business media and marketing services, is relaunching COMDEX as a virtual event which will take place November 16-17, 2010. To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/ubm/42704/ (Photo: http://www.newscom.com/cgi-bin/prnh/20100304/MM63059 ) At its peak COMDEX was the world's most famous tradeshow, attracting more than 200,000 visitors and 2,300...

2009-03-06 00:00:00

TOKYO, March 6 /PRNewswire/ -- BB Softservice Corp., a Tokyo-based planner and developer of application services under the SoftBank Group, announces that it will launch English and Chinese versions of 'Speeek!', a type of application software for iPhone (TM) 3G, which recognizes voice and translate, and speaks from March 6, 2009 at the AppStore as part of a lineup of 'SoftBank SELECTION', an application and software brand of BB Softservice. 'Speeek!' is electronic dictionary application...

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2008-11-11 12:10:00

Many of the world's biggest cell phone and credit card companies are testing new ways for consumers to use their cell phones to pay for everyday goods and services. Meanwhile, consumers and firms in Japan are paving the way for the technology to become a way of life for the rest of the world. More than 50 million "“ about half "“ of all cell phone users in Japan currently use phones with payment capabilities. Japan has pioneered not just the technology but also the business...

2008-10-07 18:00:16

Tokyo, Oct. 7 (Jiji Press)--Softbank Mobile Corp. remained in the top spot in net mobile phone subscription growth for the third straight half year in April-September, industry data showed Tuesday. The unit of Internet and telecommunications conglomerate Softbank Corp. registered a net subscription number increase of 1,047,000, with its low basic monthly fees continuing to appeal to customers, the Telecommunications Carriers Association said. Softbank's new handsets launches for the...

2008-08-05 18:00:16

Tokyo, Aug. 5 (Jiji Press)--Softbank Corp. said Tuesday that its group operating profit in April-June rose 8.1 pct from a year before to 85,086 million yen, despite slowing mobile phone sales. For the first quarter of fiscal 2008, Softbank posted a net profit of 19,368 million yen, down 22.9 pct, and sales of 647,255 million yen, down 2.4 pct. The sales decline was partly attributed to slumping mobile phone sales at a time of falling replacement demand. Lower average revenue per user...

2008-07-11 12:00:00

The second-coming of the iPhone arrived at 8 a.m. today at Apple outlets and other stores around the country. The lines of those who want to get their hands on the latest version of what the faithful call the "Jesus phone" started early -- days earlier in places like Tokyo, where some buyers had waited in lines around a city block and happily counted down the final 30 seconds before stores opened. The celebration at Japanese carrier Softbank Corp.'s store in Tokyo had swirls of smoke...

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2006-11-07 15:35:00

TOKYO (AP) - News Corp. and Japan's Softbank Corp. announced plans Tuesday to bring MySpace, the popular Internet social networking site, to Asia. The 50-50 joint venture MySpace KK will be run mostly separately from News Corp., the site's New York-based parent company, the two companies said. Each company will invest 590 million yen ($5.09 million) in the new company, which adds to MySpace's international operations in Britain, Germany, France, Australia and Ireland. The new venture comes...


Word of the Day
ramage
  • Boughs or branches.
  • Warbling of birds in trees.
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