WeWork directors seek to preserve right to sue owner SoftBank
(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from…
SoftBank leads $265 million investments in two U.S.-based start-ups
(Reuters) – SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million…
SoftBank leads $165 million capital boost for liquid biopsy firm Karius
(Reuters) – SoftBank’s second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a…
New York drops fight against T-Mobile-Sprint merger
NEW YORK (Reuters) – New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers…
WeWork inks office space deal with SoftBank-backed Gympass: sources
NEW YORK (Reuters) – WeWork has signed a deal to provide space to 250 employees of gym membership app company…
Telenor says Huawei will still play role in 5G rollout
BRUSSELS (Reuters) – Telenor (TEL.OL) will use equipment from Huawei in building Norway’s 5G network, the telecoms operator said on…
Japanese hotel group Unizo gets six new buyout offers
FILE PHOTO: The logo of Hotel Unizo, operated by Japanese hotel operator Unizo Holdings, is seen at the entrance of…
SoftBank to go ahead with WeWork stock tender offer this week
NEW YORK/BANGALORE (Reuters) – SoftBank Group Corp (9984.T) will this week launch a previously agreed tender offer for as much…
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
FILE PHOTO: The U.S. Supreme Court building is pictured in Washington, U.S., March 20, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) –…
SoftBank to tighten governance at start-ups after WeWork debacle: FT
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July…
FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Huawei unveils new 5G antennae ahead of China ramp
ZURICH (Reuters) – Huawei Technologies on Wednesday launched a new generation of 5G mobile antennae, anticipating an acceleration in the…
Mexican billionaire Slim vows to invest in Mexico, touting economic prospects
MEXICO CITY (Reuters) – Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion…
WeWork chief Neumann’s top lieutenants step up as successors
(Reuters) – As WeWork parent We Company’s CEO Adam Neumann asked Artie Minson and Sebastian Gunningham to separately take care…
Sprint probed over U.S. low-income subsidies; shares slide 3.3%
WASHINGTON (Reuters) – Sprint Corp (S.N) received tens of millions of dollars in government subsidies for 885,000 low-income subscribers who…
SoftBank mulls bringing 40 companies to Brazil
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July…
Trian and P&G highlight activist-corporate collaboration after ‘fog of war’
NEW YORK (Reuters) – Eighteen months after officially burying the hatchet in one of America’s most bitter proxy contests, Procter…
Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions…
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources
(Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO)…
FTC, AT&T settle 2014 lawsuit over data slowdowns: court
FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – The Federal…
Exclusive: Fearing data privacy issues, Google cuts some Android phone data for wireless carriers
NEW YORK/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has shut down a service it provided to wireless carriers globally that…
SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon…
FCC chairman circulates order to approve Sprint, T-Mobile tie-up
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
CBS stations go dark for DirecTV customers amid contract dispute with AT&T
FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – CBS Corp…
U.S. tells T-Mobile, Sprint to wrap up divestiture deal: source
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
U.S. Justice Department may sue to block Sprint, T-Mobile merger: source
WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up…
Five things to look for in Netflix’s second-quarter report
NEW YORK (Reuters) – When Netflix Inc (NFLX.O) reports second-quarter earnings on Wednesday, a big question is how the streaming…
T-Mobile, Sprint expected to extend deal date: sources
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
European startups navigate long, winding road to self-driving future
OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a…
Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S.…
DoJ pushes T-Mobile to give more to Dish: CNBC
FILE PHOTO: The logo of T-Mobile Austria is seen outside of one of its shops in Viennaa, Austria, February 25,…
WarnerMedia names Ann Sarnoff as CEO of Warner Bros
FILE PHOTO: Ann Sarnoff, Chief Operating Officer of BBC Worldwide America, speaks during the 2011 Bloomberg Media Summit in New…
Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets – sources
(Reuters) – Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a…
U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source
WASHINGTON (Reuters) – The U.S. Justice Department is set to decide as early as next week whether to approve the…
Democratic commissioner questions FCC review of Sprint T-Mobile merger
WASHINGTON (Reuters) – The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC’s review of the proposed…
Ten states file lawsuit to stop Sprint, T-Mobile merger: release
WASHINGTON (Reuters) – Ten state attorneys general, led by New York and California, filed a lawsuit on Tuesday to ask…
Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt
WASHINGTON (Reuters) – Ten states led by New York and California filed a lawsuit on Tuesday to stop T-Mobile US…
Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on Huawei
WASHINGTON (Reuters) – President Donald Trump is expected to sign an executive order this week barring U.S. companies from using…
T-Mobile U.S. profit beats estimates as it signs up more customers
(Reuters) – T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street’s estimates, as competitive…
Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion
(Reuters) – Hulu has bought back wireless carrier AT&T Inc’s stake in the U.S. entertainment streaming service for $1.43 billion,…
U.S. telecoms regulator stops clock on Sprint, T-Mobile merger review
WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Thursday it has halted the informal 180-day “shot clock” on…
Democrats probe whether White House interfered in AT&T Time Warner merger
(Reuters) – Two U.S. House Democrats asked the White House and Justice Department to turn over documents that could show…
HBO Chief Executive Richard Plepler to resign from company
FILE PHOTO: Richard Plepler chairman and CEO of Home Box Office Inc. speaks at the WSJD Live conference in Laguna…
Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations…
SoftBank’s record IPO reaches $23.5 billion after extra share sale
TOKYO (Reuters) – SoftBank Group Corp (9984.T) is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO…
Verizon beats Wall Street estimates, shares hit 18-year high
(Reuters) – Verizon Communications Inc (VZ.N) reported quarterly profit and net new phone subscribers well ahead of Wall Street estimates…
U.S. agency accuses Walmart of pregnancy discrimination in lawsuit
(Reuters) – The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Walmart Inc of forcing pregnant workers…
Didi woman passenger killed amid China ride-hailing safety concerns
BEIJING (Reuters) – A ride-sharing passenger in the eastern Chinese city of Wenzhou was raped and killed by a driver…
Alibaba revenue beats, but investments prolong margin squeeze
BEIJING (Reuters) – Alibaba Group Holding Ltd (BABA.N), China’s biggest e-commerce firm, topped first-quarter revenue estimates on Thursday, but said…
Exclusive: Saudi Arabia’s PIF has shown no interest in bankrolling Tesla buyout
DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (TSLA.O)…
Viacom shares gain as ‘Mission Impossible’ powers Paramount
(Reuters) – Viacom Inc’s (VIAB.O) quarterly profit beat analysts’ estimates and the media company forecast a strong current quarter, boosted…
U.S. argues judge failed to take its arguments into account in AT&T trial
WASHINGTON (Reuters) – The U.S. government said on Monday the judge in the trial to stop AT&T Inc’s (T.N) purchase…
Huawei in British spotlight over use of U.S. firm’s software
LONDON/SAN FRANCISCO (Reuters) – Huawei Technologies is facing increased scrutiny in Britain because it is using an aging software component…
Nokia reiterates outlook after announcing $3.5 billion deal with T-Mobile
HELSINKI (Reuters) – Nokia (NOKIA.HE) reiterated its outlook on Monday after it announced a $3.5 billion 5G network agreement with…
Nokia, T-Mobile US agree $3.5 billion deal, world’s first big 5G award
LONDON (Reuters) – T-Mobile US (TMUS.O) named Nokia (NOKIA.HE) to supply it with $3.5 billion in next-generation 5G network gear,…
AT&T CEO confident Time Warner deal on solid ground
(Reuters) – The U.S. Justice Department has only a remote chance of overturning AT&T Inc’s takeover of Time Warner, Chief…