operating officer Marcelo Claure. The Japanese conglomerate’s stock came under pressure in recent

SAN FRANCISCO: SoftBank Group Corp’s Shu Nyatta and Paulo Passoni, two of the three managing partners at the SoftBank Group Corp’s Latin America Fund, said they are leaving to start their own venture business focused on late-stage startups in the region. This week, SoftBank is set to promote the LatAm fund’s third managing partner, Alex Szapiro, who currently holds an operating role, to a more senior position, a person familiar with the matter said. Juan Franck, a fund investor in Mexico City, w

CALIFORNIA: Qualcomm Inc chief executive officer Cristiano Amon( pic) said his company is one of many that would invest to keep Arm Ltd out of the hands of would-be purchaser Nvidia Corp. Arm, which was bought by SoftBank Group Corp in 2016, is the subject of a more than US$ 40bil( RM166bil) takeover by graphics-semiconductor maker Nvidia, one of its customers. Arm’s chip designs and technology have succeeded because the company treats all customers equally under SoftBank’s ownership – and it ne

SoftBank, the Japanese conglomerate, is threatening to withdraw an offer to acquire a much larger stake in WeWork, according to a person familiar with the matter.... Among the reasons SoftBank cited were investigations into WeWork by the Justice Department, the Securities and Exchange Commission and attorneys general in New York and California.... The two sides have also failed to agree on the terms for consolidating a WeWork joint venture in China.A WeWork representative declined to comment..

Because much of his business comes from live events, his revenue is a small fraction of what it was a year ago.“ Something that was a legitimate offer, I certainly would have entertained, ” he said.... “ What they offered was a slap in the face.” So, Mr.... Banks and investors who lent money to property owners will face similar choices. WeWork is a huge tenant — the largest private renter of New York office space — and has thousands of its own tenants....