Latest SoftBank Stories
Global markets are abuzz as reports emerged Thursday that the Chinese e-commerce titan the Alibaba Group will try to finance as much as $4 billion of debt in an attempt to buy back Yahoo’s 40 percent stake in their company.
According to reports, Yahoo Inc has reached an agreement with Chinese partner Alibaba Group over Yahoo's compensation for the transfer in ownership of Alibaba payments service Alipay.
Dispute over a major Internet asset transfer has escalated the already strained relationship between Yahoo Inc and Alibaba Group, a Chinese Internet company, as they struggle to iron out differences.
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.
Rivet Games now raised total of $15 million; Rebrands from FooMojo to Reflect Evolution Rowards Next-generation, Multi-Platform Game Company. San Francisco, CA (PRWEB) April 20, 2011 Rivet Games, developer and publisher of the next generation of web, social and mobile games, announced it closed a Series B funding from existing investors Softbank Capital, Baseline Ventures, and Floodgate, also joined by new investor Outpoint Capital.
MOUNTAIN VIEW, Calif., March 9, 2011 /PRNewswire/ -- MobileIron (www.mobileiron.com), the innovator in mobile device management and security, today announced version 4.1 of the MobileIron Virtual Smartphone Platform (VSP),which features local language support for global companies.
Yahoo Inc has been in talks to potentially unload its $7 billion stake in Yahoo Japan.
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.
- The act of burning, scorching, or heating to dryness; the state or being thus heated or dried.
- In medicine, cauterization.