The Japanese conglomerate led by billionaire Masayoshi Son placed billions in options bets on fast-rising tech stocks.
Nvidia is in advanced talks to acquire ARM, the chip designer that SoftBank Group bought for $32 billion four years ago, according to people familiar with the matter.
SoftBank Group has pulled about $700 million from a Credit Suisse Group fund after executives at the Swiss bank grew concerned that the Japanese conglomerate held conflicting roles in the fund that weren’t fully disclosed to other investors, according to people familiar with the matter.
SoftBank Group is exploring options including a full or partial sale or public offering of British chip designer Arm Holdings, the Wall Street Journal reported on Monday.
Bharti Enterprises is backing a bid for collapsed SoftBank-backed satellite operator OneWeb, two sources said, in a consortium that is supported by the British government.