softbank
Bitcoin Is Crashing Because Everything Is Crashing
It feels like everything is collapsing because it is.
How One Billionaire With a 300-Year Plan Fueled the Popping Tech Bubble
Masayoshi Son used SoftBank and its $100 billion Vision Fund to remake the world in its image. It's not a pleasant picture.
The SEC Is Investigating Major Tech Investor Softbank
A response to a Freedom of Information request about Softbank's trading activity has revealed that the Uber and Wework investor is under investigation.
Delivery Apps Are Using Child Labor In Brazil
Labor inspectors found underage youths delivering for Rappi, but the problem extends to Uber Eats and other delivery apps.
DoorDash Stock Price Skyrockets Despite Having Never Made a Profit
DoorDash is worth over $60 billion despite warning investors that it may ever achieve, let alone sustain, profits.
Apple Lost the Most Money In History In One Day, Still Worth $2 Trillion
Companies can lose hundreds of billions and still be worth more than entire countries or continents.
Once Again, SoftBank’s Deks Are the Best Parts of Its Poor Earnings Reports
Another poor fiscal quarter, another batch of absurd presentation slides.
Friendship Ended With SoftBank, Now Lawsuits Are WeWork’s Best Friend
Once a dynamic toxic duo, the two companies are knives out over who is to blame for WeWork’s spectacular implosion last year.
Softbank’s CEO Is Helping Indonesia Build a New Capital
Tony Blair and the Crown Prince of Abu Dhabi are also lending a hand. What could possibly go wrong?
SoftBank’s New Strategy: Screw Over Startups Not Investors
Layoffs, investment exits, and sudden deal back-outs. SoftBank’s strategy of weaponizing capital is failing.
How Many Llamas Did Softbank Spend on WeWork? An Investigation
How many llamas can you buy with $18.5 billion? Depends on the quality of the llama.
WeWork Lays Off 20 Percent of Its Workforce
2,400 people have lost their jobs in a single day, and more cuts are coming.