SoftBank Group Shares Slump After Second-Quarter Net Loss

[ad_1] SoftBank Group shares fell sharply after the Japanese technology and investment company posted a second-quarter net loss due to weak tech investment results. The company’s shares were recently 6.0%…

SoftBank Can’t Shake the Ghosts of Tech Booms Past

[ad_1] There seems to be no shortage of bad news for SoftBank this week. A new artificial-intelligence-driven tech boom could eventually be a tailwind for earnings. But the company’s latest…

SoftBank Posts $6.2 Billion Loss After WeWork Bankruptcy

[ad_1] Updated Nov. 9, 2023 6:10 am ET TOKYO—SoftBank Group sank deeper into the red in the July-September period as its technology investments struggled and losses piled up from the…

SoftBank Loses $6.2 Billion in Quarter as WeWork Weighs on Investments

[ad_1] TOKYO—SoftBank Group sank deeper into the red in the July-September period as it reported write-downs related to the bankruptcy of office-sharing company WeWork and technology shares stayed under pressure…

T-Mobile Scraps Plan to Push Some Wireless Customers to Pricier Services

[ad_1] Updated Oct. 25, 2023 1:36 pm ET T-Mobile US said it is scrapping a program that would have forced some customers into more expensive wireless plans after the proposed…

Telia Co. Raises Guidance After 3Q Earnings Beat Forecasts

[ad_1] Telia Co. raised its full-year guidance after third-quarter adjusted earnings beat forecasts as its telecommunications business offset weakness in television and media. The Swedish telecommunications operator said Thursday its…

WSJ News Exclusive | New Shein Executive Aims to Expand Supply Chain Outside China

[ad_1] The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. [ad_2] Source link

SoftBank’s Son Says Artificial General Intelligence Will Soon Surpass Humans

[ad_1] “Take advantage of it or be left behind,” the CEO said at the investment company’s annual SoftBank World event. [ad_2] Source link

Google Trial Spills Details on Search Engine’s Deals With Apple, Samsung

[ad_1] The company says it was offering the better product, while the Justice Department argues the agreements were illegal. [ad_2] Source link

AI Takes Over the Best Part of Fantasy Football—Trash-Talking Your Friends

[ad_1] Yahoo amps up the ChatGPT-generated commentary sent to partipants, and it turns out the bots are better at heckling (and meaner) than humans [ad_2] Source link