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In a joint press conference, Softbank has officially announced that it is buying a 70 percent stake in US mobile carrier Sprint for $20.1 billion. The Japanese company is paying $12.1 billion for existing shares, with a further $8 billion for new shares that the network is issuing. CNBC has report...

2 years ago 0 Comments
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Rumors of Sprint's $12 billion acquisition by Softbank weren't exaggerated, they were understated: according to CNBC, the Now Network will announce a $20 billion transaction with the Japanese network on Monday, granting Softbank a 70 percent stake in the company. According to people familiar with ...

2 years ago 0 Comments
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A new interview with the CEO of Softbank, Masayoshi Son, seems to indicate that Steve Jobs did indeed work on Apple products right up until his last day of life. While talking to the US Ambassador to Japan, Son said that during a meeting on the day of the iPhone 4S announcement, he was speaking...

3 years ago 0 Comments