China’s Liang Wenfeng, the founder of DeepSeek, the new AI startup. The 40-year-old started the company in 2023 with his associates calling it a ‘hobby’. Today, he has exploded on the scene with his t ...
SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its once-heralded Vision Fund uniit.
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SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank posted a surprise net loss of 369.17 billion yen ($2.4 billion), while LSEG had estimated a profit of 298.53 billion yen. The company's Vision Fund investments clocked a loss of 352.75 ...
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