In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...

Since then he has helped oversee high-profile investments in several major tech startups including WeWork, and become the public face of the Vision Fund. Ron Fisher, vice chairman, SoftBank Group ...

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

SoftBank Group (SFTBF-2.32%) is a Japanese holding ... SoftBank invested $4.4 million into WeWork in 2017. The company's planned 2019 initial public offering (IPO) was scrapped, and WeWork ...

U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...

Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...

What Is WeWork? WeWork provides co-working spaces and technology solutions for businesses, freelancers and anyone else who wants office space. Backed by SoftBank Group Corp. (OTC: SFTBY), a ...

Son, a founder and CEO of SoftBank Group, is known for making bold choices ... SoftBank's $18.5 billion investment in co-working space provider WeWork, which sought bankruptcy protection last ...

SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...

(AP) — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce ... SoftBank's massive stake in the office-sharing company WeWork which sought bankruptcy protection ...