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Sprint CEO Marcelo Claure elected to Softbank board

Sprint president and CEO Marcelo Claure has been elected to the board of directors of SoftBank Group. Joining Mr. Claure as new directors are Rajeev...

SoftBank to acquire Boston Dynamics

SoftBank has entered into a definitive agreement to acquire robotics company Boston Dynamics from Alphabet. The terms of the transaction were not disclosed. Masayoshi Son,...

Softbank president and COO Nikesh Arora steps down; to remain as advisor for a year

Nikesh Arora, representative director, president and chief operating officer of SoftBank Group (SBG), and the person being groomed to be CEO of the company,...

Leap Motion Expands Japan Business With SoftBank

Leap Motion and BB Softservice, a SoftBank Group company, have signed a partnership, under the terms of which BB Softservice will act as Leap...

Sprint, Softbank Complete Merger Proceedings

Sprint Nextel and SoftBank have completed their merger. SoftBank invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to...

Recent posts

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.