Quantcast

Latest SoftBank Stories

b690544ebc59b439c29462b09daf09991
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...

2011-01-12 09:51:00

LAUSANNE, Switzerland, January 12, 2011 /PRNewswire/ -- SmallRivers SA, creator of Paper.li, the leading social news publication application, today announced that it has raised $2.1 million in financing from Highland Capital Partners, SoftBank Capital and Endeavour Vision. In conjunction with the financing, Dan Nova of Highland Capital Partners and Ronald Fisher of SoftBank Capital will join the Company's board of directors. "Paper.li has generated extraordinary traction since its...

2010-12-14 08:00:00

SEATTLE, Dec. 14, 2010 /PRNewswire/ -- RealNetworks®, Inc., the digital entertainment services company, today announced that Judith Bitterli has been named Chief Marketing Officer, reporting to CEO Bob Kimball. Bitterli brings 25 years of executive-level marketing and business operations leadership to her role at Real, which is focused on creating growth strategies for the company. "Our 2010 plan was built around three elements: Simplify, Restructure and Grow," said Bob...

2010-10-07 13:35:00

DUEBENDORF, Switzerland and ZURICH, Oct. 7 /PRNewswire/ -- Myriad Group AG (SIX: MYRN), a global leader in mobile technology having shipped over 3.5 billion software applications on more than 2 billion phones, today announces it has been selected by SoftBank Mobile ("SoftBank"), one of Japan's leading mobile operators, to customize and deliver key solutions in support of SoftBank's move to broaden its lineup of Android powered smartphones and services. Under the agreement announced...

2010-09-27 08:00:00

ALAMEDA, Calif., Sept. 27 /PRNewswire-Asia-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI) announced that SOFTBANK BB Corp., a wholly owned subsidiary of SOFTBANK Corp., has purchased the NetRing(TM) Transport Network product portfolio (NetRing(TM) TN) for deployment with its commercial service. Deployment of the product, which is already undergoing a field trial, is planned throughout Japan, starting in Tokyo, Nagoya, and Osaka. NetRing(TM) TN is UTStarcom's latest multiprotocol label...

2010-06-07 07:07:00

REDWOOD CITY, Calif., June 7 /PRNewswire/ -- RockYou, the leading innovator, creator and distributor of social experiences across social networks announced today a $10 million round of funding from SoftBank and the acquisition of a majority of the shares in its joint venture, RockYou Asia. The $10 million round of funding from SoftBank follows a $50 million Series D funding from SoftBank in November of 2009 and further demonstrates SoftBank's commitment to social networking and to...

2009-11-17 16:53:00

REDWOOD CITY, Calif., Nov. 17 /PRNewswire/ -- RockYou, the leading innovator, creator and distributor of social experiences that engage hundreds of millions of people across multiple social networks, announced a $50 million Series D round of funding from SoftBank. Funds will be used to enhance RockYou's global brand, expand current application development and create products to host in-game advertising opportunities. RockYou operates the largest independent ad network in social media,...

2009-11-03 08:00:00

ALAMEDA, Calif., Nov. 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI) announced that SOFTBANK TELECOM Corp. a wholly owned subsidiary of SOFTBANK Corp., will be the first customer to commercially deploy its NetRing(TM) Transport Network product portfolio (NetRing(TM) TN). NetRing(TM) TN includes new multiprotocol label switching - transport profile (MPLS-TP) solutions designed to overhaul existing mobile backhaul networks, provide Ethernet services and deliver broadband...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
Related