Sam Nussey

Vision Fund Slide Points To More Pain For SoftBank's Son

Sliding valuations in the listed portfolio of SoftBank Group Corp's Vision Fund unit point to more pain for CEO Masayoshi Son when the group reports April-June earnings on Monday as investors go cool on the high-growth firms he favours.

Sony Trims Profit Forecast After Games Business Falters

Sony Group Corp trimmed its profit forecast on Friday after a weak first quarter for its PlayStation business, which it blamed on waning consumer interest due to a lack of new games and an easing of COVID-19 constraints dampening stay-at-home gaming.

Sony Trims Profit Forecast As Gaming Performance Drags

Japan's Sony Group Corp on Friday trimmed its full-year profit forecast due to an expected weaker performance at its key gaming unit, which posted a steep drop in first-quarter operating profit as consumer interest in gaming waned.

Face-recognition Business Puts SoftBank Between China, U.S

A SoftBank-owned company is thriving by offering face-recognition technology fuelled by a blacklisted Chinese firm to the likes of Mastercard and Visa, an opportunity for the Japanese conglomerate, fraught with geopolitical and privacy risks.

Sony Accelerates PC Gaming Push With Inzone Gear

Sony Group Corp said on Wednesday it's launching a new line of headphones and monitors targeting the growing PC market for videogames as the Japanese conglomerate looks beyond its core PlayStation console gaming audience.

SoftBank Posts $13 Billion FY Net Loss

SoftBank Group Corp reported on Thursday a net loss of 1.7 trillion yen ($13.12 billion) for the year ended in March as the tech investor faces a sliding tech portfolio.

SoftBank Sold $1 Billion Coupang Stake

SoftBank Group Corp's Vision Fund sold shares worth $1 billion in South Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm's holdings.