All softbank articles

  • softbank.automotiveIT
    Article

    Softbank invests in GM's Cruise driverless-car unit

    2018-06-01T09:17:36Z

    GM acquired Cruise in 2016 to speed up development of autonomous cars (Photo: GM)Softbank will invest $1.1 billion in GM Cruise Holdings, adding more financial muscle to General Motors' plan to ready autonomous-driving technology for commercial implementation in 2019.The US automaker is also committing an additional $2.25 billion of ...

  • sprint logo.automotiveIT
    Article

    SoftBank plans to acquire Sprint

    2012-10-15T16:38:17Z

    The announcement follows news last week that Deutsche Telekom intended to buy MetroPCS, another US wireless communications group. Both moves underscore the continuing transformation of the US wireless market.SoftBank, a Japanese telecommunications group, said it would pay 12.1 billion dlrs to Sprint shareholders and make available 8.0 billion dlrs of ...