5 Japanese automakers join SoftBank-Toyota’s self-driving car JV

The development is significant since it marks an acceleration in the banding of automakers in an industry which is placing growing emphasis on offering vehicle services rather than selling cars to individual drivers. On Friday, five Japanese automakers including Mazda Motor Corp and Suzuki Motor Corp, stated they would be investing 2% of their revenues…

SoftBank & Alphabet join hands to increase coverage of internet in underserved areas

While there are several competitors in the fray to provide internet access to underserved areas, SoftBank and Alphabet opine collaboration could be the key to their solution gaining wider traction and broader adoption. In a significant development, SoftBank Corp stated, it will be investing $125 million in one of Alphabet Inc’s spinoff working to find…

SoftBank’s share fall by 10% on their stock market debut

Investors worries include SoftBank Corp’s exposure to Huawei. SoftBank has stated it plans on replacing its Huawei-provided 4G network equipment with those of other suppliers – an expensive and time-consuming affair. In a rare development, shares of Japan’s SoftBank Corp fell by more than 10% on debut as investor appetite for what has been Japan’s…