SoftBank Group Corp

* Sinch driving consolidation in cloud communications industry

WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, according to a person familiar with the matter.

WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, the Wall Street Journal reported on Monday.

A group of investors led by Softbank Group has invested 450 million reais ($83 million) in Brazilian test-prep startup Descomplica, which has seen demand for its online learning services surge in the pandemic, the company said on Thursday.

Swedish cloud computing services provider Sinch AB said on Wednesday it had agreed to buy U.S.-based communications company Inteliquent for $1.14 billion in cash.

SoftBank Group Corp shares closed at a record high on Tuesday, surpassing a peak reached at the height of the dot-com bubble, as online backers celebrated the recovery in the value of the firm's tech portfolio.

South Korean e-commerce giant Coupang Inc, which is backed by SoftBank Group Corp, filed for a U.S. initial public offering on Friday, looking to cash in on a record boom in capital markets.

Pacific Biosciences of California Inc said on Wednesday SoftBank Group Corp will invest $900 million in the gene sequencing firm, sending its shares up 21% before the bell.

SoftBank Group Corp will invest $900 million in gene sequencing firm Pacific Biosciences of California Inc in its latest healthcare investment, the company said on Wednesday.

SoftBank Group Corp Chief Executive Masayoshi Son boasted of delivering "golden eggs" on Monday, after his company's Vision Fund unit rebounded from a loss to record an 844 billion yen ($8 billion) third quarter profit.

SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.

Two blank-check firms backed by SoftBank Group Corp are aiming to raise a total of about $550 million in their initial public offerings, regulatory filings showed on Friday.

SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer fertile ground for listings.

LDH Growth Corp I, a blank-check company backed by SoftBank Group Corp Chief Operating Officer Marcelo Claure, said on Friday it was looking to raise up to $200 million in its initial public offering.

LDH Growth Corp I, a blank-check company backed by SoftBank Group Corp Chief Operating Officer Marcelo Claure, said on Friday it was looking to raise up to $200 million in its initial public offering. (Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)

WeWork is in talks to go public through a merger with a special purpose acquisition company (SPAC) and is also exploring raising funds from private investors, a little over a year after its botched initial public offering (IPO), according to a source familiar with the matter...

SoftBank Group Corp's robotics unit announced on Wednesday a joint venture with Japanese electronics maker Iris Ohyama, as the conglomerate looks to juice up its robotics business.

Japan's SoftBank Group is among investors interested in buying a stake in Polish online shoe shop eobuwie from retailer CCC, two sources familiar with the situation said.

S&P Global Ratings said on Tuesday it has revised SoftBank Group Corp's outlook to stable from negative in a vote of confidence in the conglomerate after it sold down assets following a series of missteps.