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Fintech startup SoFi is reportedly in talks to raise $500 million from Qatar, but won’t gain any value from 2017
SoFi, which raised $1 billion from SoftBank in 2015, would be valued at the same price as in 2017, according to the report.
Wirecard spikes after report says SoftBank is considering an investment. The company had previously been targeted by short-sellers.
SoftBank founder Masayoshi Son reportedly blew $130 million in a bitcoin bet gone wrong after failing to heed Warren Buffett’s advice
SoftBank founder Masayoshi Son reportedly blew $130 million on bitcoin bet, failing to listen to Warren Buffet's famed advice.
WeWork's rival IWG sold its Japanese business to TKP for $320 million and a cut of future revenues as it brings the fight to WeWork.
The European fintech market is a hotbed of new, vibrant companies working across a variety of sectors.
Uber is talking to Softbank and Toyota about a $1 billion investment in its self-driving car business
The cash infusion from Softbank would value Uber's self driving car group at $5 billion to $10 billion, according to the Wall Street Journal.
Women’s club The Wing has condemned the government of Saudi Arabia, whose money helped fund its expansion
The Wing, a network of private clubs aimed at women, criticized the government of Saudi Arabia in a statement to INSIDER.
Freight startup Flexport just nabbed $1 billion through a SoftBank-led funding round, and it’s now worth $3.2 billion
Founded in 2013, Flexport is already the 11th-largest freight fowarder in the world by ocean volume on the world's largest shipping lane.
Softbank, the investment fund behind Uber and WeWork is under pressure from analysts with a negative sentiment on the company's net debt and leverage.
It took a day for WeWork’s CEO to recover from the shock of a $16 billion SoftBank investment falling apart
After hearing a $16 billion investment had fallen apart, WeWork CEO Adam Neumann was reportedly able to salvage part of it by returning to negotiations.