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Malaysia's Axiata says AI unit gets $60 million SoftBank Corp investment

Malaysia's Axiata says AI unit gets $60 million SoftBank Corp investment

SoftBank will own 23 pct of ADA via new shares, with its investment valuing the unit at $260 million, Axiata said in a statement.
Tue May 11 2021
Maezawa wants you: Japan billionaire seeks 'crew' for moon trip

Maezawa wants you: Japan billionaire seeks 'crew' for moon trip

Maezawa originally planned to invite artists for the weeklong voyage slated for 2023.
Wed Mar 03 2021
Grab raises $300 million for fintech arm's ambitious expansion

Grab raises $300 million for fintech arm's ambitious expansion

Grab said this is the first external funding for the fintech business, which has chalked out ambitious plans in insurance, lending, wealth management.
Thu Jan 14 2021
Indonesian Grab, Gojek drivers threaten nationwide protests over merger talks

Indonesian Grab, Gojek drivers threaten nationwide protests over merger talks

Many investors at each of the loss-making companies, notably major Grab backer SoftBank Group founder Masayoshi Son are keen for a merger to pave the way for a public listing.
Tue Dec 15 2020
SoftBank CEO says equity value back at pre-virus levels

SoftBank CEO says equity value back at pre-virus levels

The group was hit with a record annual loss in the year ended March as his tech investments faltered
Thu Jun 25 2020
Alibaba's Jack Ma resigns from SoftBank board

Alibaba's Jack Ma resigns from SoftBank board

Ma's resignation is the latest departure by a high-profile ally of CEO Masayoshi Son.
Mon May 18 2020
Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

"The next stage of the Information Revolution is under way, and building the businesses that will make this possible will require unprecedented large-scale, long-term investment."
Sun May 21 2017
Grab's record funding shifts Uber battleground to Southeast Asia

Grab's record funding shifts Uber battleground to Southeast Asia

Grab's unprecedented fundraising shows how Southeast Asia is fast becoming a central arena in the global campaign to keep Uber Technologies at bay.
Thu Sep 22 2016
Tokyo stocks open lower after losses in US, Europe

Tokyo stocks open lower after losses in US, Europe

Tokyo stocks opened down more than one percent on Monday following sharp losses on financial markets in Europe and on Wall Street.
Mon Feb 08 2016
Netflix set to tap Bollywood-mad India in pursuit of global viewers

Netflix set to tap Bollywood-mad India in pursuit of global viewers

Netflix Inc's global expansion is set to reach movie-mad India, industry executives said, where high-speed Internet connectivity is rapidly spreading among a vast population.
Wed Jan 06 2016
Yahoo! Japan shares surge after cancels $3.2 bn eAccess deal

Yahoo! Japan shares surge after cancels $3.2 bn eAccess deal

Shares in Internet giant Yahoo Japan surged in Tokyo after it cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp.
Tue May 20 2014
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024