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Uber's third-quarter net loss widens to $1.46 billion

Uber Technologies' quarterly losses widened, a source familiar with the matter told Reuters, as the lift-sharing company wades through legal troubles and faces regulatory scrutiny across the globe.
Business • 29 Nov 17

SoftBank to buy robotics businesses from Alphabet

SoftBank Group said it would buy two firms that build walking robots from Google's parent company, Alphabet, adding to the Japanese company's growing artificial intelligence portfolio.
Business • 09 Jun 17

Deutsche Telekom optimistic for US merger opportunity

Deutsche Telekom is optimistic about the regulatory environment in the United States under the Trump administration.
Business • 31 May 17

SoftBank agrees $32 billion deal to buy UK's ARM

Japan's SoftBank Group has agreed to buy British chip designer ARM Holdings for £24.3 billion, in a deal that will retain the company's management and grow its workforce.
Business • 18 Jul 16

Tencent to buy Finnish game-maker Supercell

Chinese Internet giant Tencent has today agreed to buy Finnish game-maker Supercell, creator of "Clash of Clans", from Japanese mobile giant SoftBank for $8.6 billion.
Business • 21 Jun 16

Sprint drops bid to buy T-Mobile in US

Sprint has dropped its bid to acquire the fourth biggest US carrier T-Mobile US after regulatory resistance showed no signs of softening despite months of lobbying.
Business • 06 Aug 14

Alibaba set to seek IPO in US - sources

China's Alibaba Group Holding has decided to pursue an initial public offering in New York, sources said today.
Business • 25 Sep 13

Softbank to buy 70% of Sprint for $20 billion

Tokyo-based mobile phone company Softbank Corporation has reached a deal to acquire 70% of US wireless carrier Sprint Nextel for $20.1 billion.
Business • 15 Oct 12

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