Apple confirms $1-bn investment in SoftBank Vision Fund

Apple SoftbankApple Inc. is investing $1 billion in SoftBank Corp’s $100-billion tech fund, according to a report in a major international daily. The fund, called SoftBank Vision Fund, is also expected to witness participation from Foxconn Technology Group Ltd and the family office of Larry Ellison, chairman of Oracle Corp, The Wall Street Journal said. SoftBank […]

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Flashback 2016: SoftBank stays on sidelines, tanks up for future

softbank_feBy its lofty standards, 2016 was a relatively quiet year for the SoftBank juggernaut. The telecom and Internet conglomerate, which put copious amounts of money in Snapdeal, OYO Rooms and Grofers in the previous year, stayed away from making any fresh investments in India. This uncharacteristic quiet at SoftBank in terms of fresh investments can […]

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