SoftBank Group said it would buy back up to 1 trillion yen ($8.8 billion) of its own shares within the next 12 months. The Japanese investment giant announced the buyback plans as it reported a quarterly net loss due to sharp declines in its shareholdings in Chinese ride-hailing giant Didi Global and South Korean e-commerce firm Coupang. The company said it would buy back as many as 250...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Weekend Media/Telecom Startups
How Taylor Lorenz Became America's Most Polarizing Tech Reporter
Hi, welcome to your Weekend! I wish I was writing you in happier circumstances, and could simply talk up Annie's riveting profile of Taylor Lorenz, below. But this has been a tragic week. The mass murder of 19 kids and their two teachers in Uvalde, Texas, has been on all of our minds. Unfortunately, the hopelessness you're probably feeling is justified. Recent history gives us little...
SEC Confirms Scruitiny Elon Musk’s Initial Disclosure of Twitter Stake
Twitter Board Rejects Shareholder Vote to Oust Silver Lake’s Durban
Chinese E-commerce App Pinduoduo Reports Better-Than-Expected Results
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
True Value Entertainment
Netflix Could Boost U.S. Revenue 21% With Advertising Push
Exclusive Venture Capital Startups
Consumer VC Firm Maveron Raises $225 Million Amid ‘Serious Paradigm Shift’
Venture firm Maveron, whose well-timed investments in eBay and Drugstore.com helped it get through the 2000 dot-com bust with relative ease, had a tougher time during the financial crisis eight years later, when it was forced to downsize and narrow its focus to early-stage investing in consumer brands.
Exclusive Crypto Culture
Coinbase Tests App for Employees to Grade Each Other During Meetings