Japan

Platform News: Japan's SoftBank

SoftBank Group sheds $15 billion on US tech stock rout

SoftBank stocks were down 5 percent in afternoon trade on Wednesday, extending this week’s slump that’s wiped $15 billion in its market capitalisation, as investors wor...

Platform News: SoftBank Group CEO

SoftBank shares slide 7% as tech stock options bets unnerve investors

SoftBank Group closed some 7% down as the Japanese conglomerate’s bets on equity derivatives tied to listed platform businesses made investors uneasy amid a decline in market...

nintendo

Nintendo to re-release Mario games for 35th anniversary

Nintendo has announced that it will re-release classic titles featuring popular character Mario for a limited time on its hit Nintendo Switch console to mark 35 years since the lau...

Platform Industry News: Amazon

Amazon Japan submits improvement plan to regulators

Amazon Japan has filed a plan to the nation’s fair trade regulator on how it will enhance practices suspected of violating anti-trust rules, the Asahi Shimbun has reported.

Japan AI

Japan looks to AI as coronavirus challenges go-and-see quality control mantra

At a mill south of Japan’s Toyota City, robots have started sharing the work of quality-control inspectors, since the pandemic accelerates a change from Toyota’s vaunte...

Platform News: SoftBank Group CEO

Shares in telecom business SoftBank Corp fall 3% as parent slashes stake

Shares in wireless carrier SoftBank Corp dropped 3% on Monday after parent SoftBank Group Corp said it would sell up to 22 percent of the telco’s shares, which could slash it...

Platform News: viral TikTok video streaming app

Changing TikTok Japan ownership could address governments concerns

A change in control of the Japanese unit of TikTok, the popular video-sharing program owned by China-based company ByteDance, could be one way to address consumer data safety conce...

Platform news: Toshiba Corp

Support for Toshiba CEO tumbles in shareholder vote

Toshiba CEO Nobuaki Kurumatani might have held on his occupation but a breakdown of results in last week’s shareholder meeting revealed a slide to only 58 percent from 99 per...

TikTok

NHK: Japanese lawmakers to urge government to curb TikTok

Lawmakers from Japan’s ruling Liberal Democratic Party have opted to push for steps to limit the use of Chinese-owned video program TikTok, concerned that consumer data may e...

Platform News: Japan's SoftBank

Arm to transfer two software businesses to SoftBank and focus on chips

British-based Arm Ltd plans to transfer two software businesses to its Japan-based parent, SoftBank Group Corp, in a strategic shift to focus on growing its core chip businesses, t...

Platform News: Ride-hailing app Uber Technologies

Uber widens taxi app to Japan’s Tokyo but ride-sharing still barred

Uber Technologies launched a ride-hailing smartphone application in Tokyo on Friday in partnership with three domestic taxi firms, even as strict regulations block its popular ride...

Platform News: SoftBank Group CEO

SoftBank is not ‘SoftPunku’ says CEO in defence of strategy

SoftBank Group Corp CEO Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of the Japanese conglomerate’s holdings has recovered to pre-...

Platform news: Toshiba Corp

Toshiba plans to sell down Kioxia stake, return much of proceeds to shareholders

Japan’s Toshiba Corp has said it plans to sell down its 40.2% stake in flash memory chips firm Kioxia Holdings and will return a majority of the net proceeds to shareholders.

Platform Industry: Apple and Google Alliance COVID-19 apps

Contact tracing: Japan aims to launch its coronavirus app next week

Japan aims to launch a contact tracing smartphone app based on technology from Apple and Google next week to help curb the spread of coronavirus by tracking close contact with thos...