New Shein Executive Aims to Expand Supply Chain Outside China
The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to...
Mobile Telecommunications
SoftBank’s Son Says Artificial General Intelligence Will Soon Surpass Humans
“Take advantage of it or be left behind,” the CEO said at the investment company’s annual SoftBank World event. Source...
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
SoftBank’s Masayoshi Son Had His Cry. Now He’s in Love Again—With ChatGPT.
The CEO said he is devoting himself to artificial intelligence and new inventions after what he described as a tear-filled...
WSJ News Exclusive | Financier Rajeev Misra Is All Over WeWork Deal
The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly...
SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
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T-Mobile Says Hackers Stole Data on About 37 Million Customers
BusinessCarrier says addresses, birth dates and other personal records were exposed, but not financial records Source link
Russian Strikes Sap Ukraine Mobile Network of Vital Power
Listen to article(2 minutes)Russia’s attacks on Ukraine’s electrical grid are straining the war-torn country’s mobile-telephone network, leading to a global...
SoftBank Posts Profit of More Than $21 Billion After Selling Alibaba Shares
TechShare sale more than offsets losses at SoftBank’s Vision Funds Source link
T-Mobile Lays Off Workers in Engineering, Network Jobs
The company plans to offer new positions to many of the laid-off workers. Photo: Justin Sullivan/Getty Images T-Mobile TMUS -1.07%...
Cox Rolls Out Cellphone Service With Starting Price of $15
Cox Communications Inc. said it is returning to the wireless business, offering plans in some markets starting as low as...
SpaceX, T-Mobile to Connect Satellites to Cellphones in Remote Areas
The companies said Thursday that the new service will use Starlink satellites that SpaceX plans to launch and provide connections...
SoftBank to Reduce Alibaba Stake, Expects $34 Billion in Gains
Masayoshi Son is scaling back one of the greatest bets in tech history.The technology investor’s SoftBank Group Corp. said it...
SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn Hits
TOKYO—Japanese technology investor SoftBank 9984 0.74% Group Corp. on Monday reported a record quarterly loss of more than $23 billion...
T-Mobile Posts Strong Gains in Wireless Customers, Raises Outlook
T-Mobile US Inc. TMUS 3.80% posted a steep second-quarter loss as costs tied to its network overhaul and legal expenses...
AT&T, Verizon Raise Prices and Test Consumer Budgets
The wireless companies are boosting monthly fees and increasing the cost of mostly older cellphone plans. Source link
GM Buys SoftBank’s Stake in Its Driverless Car Unit Cruise
General Motors Co. GM 2.66% said it is buying out SoftBank Vision Fund L.P.’s stake in its Cruise division for...
SoftBank COO Marcelo Claure to Leave as Stock Hits a Rough Patch
SoftBank Group Corp. 9984 2.20% said Chief Operating Officer Marcelo Claure, who helped clean up problems at the firm’s investments...
U.S. Flight Disruptions Ease as New 5G Service Goes Live
The launch of enhanced 5G services Wednesday had a limited impact on U.S. flights after aviation regulators gave airlines additional...
Airlines Cancel Some Flights Ahead of U.S. 5G Wireless Launch
Two of the biggest U.S. wireless operators agreed to not turn on some 5G signals near airport runways, a temporary...
