Japan

Platform News: Japan's SoftBank

SoftBank seen trimming Alibaba stake to fill shortfall?

SoftBank is likely to trim its stake in Chinese e-commerce giant Alibaba, an analyst has said, as the Japanese tech conglomerate invests in unlisted start-ups through its second Vi...

Platform News: SoftBank Group CEO

Storm clouds gather at SoftBank Group as valuations slide

Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings, with the valuations of top portfolio companies slipping and heavyweights departing the J...

Platform News: SoftBank Group CEO

SoftBank’s choice of New York for Arm listing deals a blow to London

SoftBank’s decision to list famed UK chip designer Arm is good news for New York, bad news for London and perhaps the best option left for the Japanese group after the collap...

Security

Japan eyes tighter curbs to counter cyberattacks

Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas software as part of efforts to ramp up steps to counter cyberattacks, ac...

Platform Industry News: Sony Corp logo on building

Analysis: Sony faces deep-pocketed rivals in war over future of gaming

Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes ...

tsmc

Taiwan govt OKs Taiwan Semiconductor’s new chip plant in Japan

Taiwan Semiconductor Manufacturing Co has received approval to set up a chip plant in Japan, Taiwan’s investment commission of the ministry of economic affairs, which approve...

Nvidia Chips

FTC sues to block Nvidia deal to buy Arm

The US Federal Trade Commission has sued to block US chip company Nvidia Corp’s more than $80 billion planned acquisition of British chip technology provider Arm, adding to a...

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryp...

MUFG

Consortium of Japanese firms to test launch digital currency

A consortium of roughly 70 Japanese firms, including the country’s three mega-banks, will begin experiments to launch a digital currency as early as the latter half of 2022, ...

Platform News: Japan's SoftBank

SoftBank dragged into red by falling Vision Fund valuations

SoftBank Group Corp reported a 397 billion yen (approximately $3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fun...

Platform News: Japan's SoftBank

UK FinTech Zopa hits $1 billion valuation with SoftBank investment

British digital bank Zopa has raised $300 million from investors including SoftBank Group, it has said, as the lender looks to expand its business ahead of a possible listing as so...

Platform News: Epic Games, Fortnite

US judge orders Apple to ease App Store rules

A federal judge in the US has struck down some of Apple’s App Store rules, forcing the company to allow developers to send their users to other payment systems in a partial w...

Platform News: T-mobile

Softbank agrees strategic share swap pact with Deutsche Telekom

Deutsche Telekom has struck a share-swap deal with Softbank Group to increase its stake in US unit T-Mobile and sold its Dutch unit in a major restructuring that strengthens the Ge...

Apple App Store

Apple offers small concession in easing App Store rules for Netflix, others

Apple Inc further loosened App Store rules, allowing some content companies like Netflix Inc to provide links to their websites so customers can sign up for paid accounts.

Google Cloud

Banks take steps to reduce potential cloud computing risks, Google survey

Banks are taking steps to mitigate risks from their increasing use of external cloud computing services, a survey by Harris Poll and Google Cloud has said.

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