Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.”
Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history.
SoftBank Loses Alibaba’s Jack Ma and Posts Worst Losses in History
SoftBank is expected to lose $12.5 billion driven by its investment in WeWork.
Major Fintech and Blockchain Backer SoftBank Expected to Lose $12.5 Billion
Masayoshi Son reportedly lost over $130 million with his bitcoin investment, according to the Wall Street Journal.
WSJ: Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment
SoftBank will enable global users to conduct international money transfers via RCS, SMS, or mobile email with a blockchain payment system.
Uber’s Largest Shareholder to Launch Cross-Carrier Mobile Payments Service Based on Blockchain and RCS
Telecoms giant SoftBank Group is lobbying for greater industry Blockchain uptake with a bespoke consortium and products.
SoftBank Study Group Tests Blockchain Cross-Carrier Telecoms Payments
Softbank and Saudi Arabia have partnered to launch a $100 bln technology investment fund, which will focus on emerging tech firms and unorthodox markets outside...
Softbank, Saudi Arabia To Invest $100 Bln in Tech Revolution, Fintech Startups First to Benefit