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UAE Ruler, SoftBank’s Son to Oversee Building of Indonesia’s New Capital

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(Bloomberg) --Indonesia nominated Abu Dhabi Crown Prince Mohammed Bin Zayed Al Nahyan to chair a panel to oversee the construction of a new capital,...
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After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny

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(Bloomberg) --In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. As...
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SoftBank’s second Vision Fund is starting life a lot smaller than the first

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(Bloomberg) --SoftBank Group Corp. has quietly completed an initial money-raising push for its second technology fund, at a fraction of its targeted $108 billion. The...
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SoftBank telecom unit plans first bond sale since its listing

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(Bloomberg) --The Japanese telecommunications business of billionaire Masayoshi Son’s conglomerate is planning to sell its first bond since listing, in a test of investor...

WeWork Staff, Facing Job Cuts, Express Outrage at Founder Payout

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(Bloomberg) --WeWork will narrowly avoid financial ruin and in the process, reward its former leader, Adam Neumann, with as much as $1.2 billion. The...