Datacenter Knowledge — (Bloomberg) — SoftBank Group agreed to buy ARM Holdings for 24.3 billion pounds ($32 billion), securing a slice of virtually every mobile computing gadget on the planet and future connected devices in the home.
Tech in Asia — It’s rare for CEOs of India’s unicorn startups to issue a statement on the departure of an executive at one of their investment firms. But Nikesh Arora was not an ordinary name. Nikesh, whom I met twice in his Google days, always came across as a sharp sales guy and a people’s person who knew how to move things around.
Times of India — TOKYO: SoftBank Group said on Friday it was selling a further $1.1 billion of its shares inAlibaba Group Holding, bringing the total it has sold in the Chinese e-commerce company to $10 billion. Separately, SoftBank agreed to sell most of its remaining stake in mobile gaming company Gungho Online Entertainment back to the company for 73 billion yen ($685.38 million), Gungho said.
Enterprise Innovation — Pizza Hut Asia will be piloting SoftBank Robotics’ humanoid robot Pepper for order-taking and customer service in-store by end of 2016. The new app that extends the robot’s ability to integrate customer service, access to information and sales will be powered by MasterPass, the digital payment service from MasterCard.
Networks Asia — Alibaba Group Holding and SoftBank established a joint-venture firm SB Cloud to launch cloud computing services in Japan that use technologies and solutions from Alibaba Cloud, the cloud computing arm of Alibaba Group. SB Cloud will open a new data center in Japan and provide competitive and enhanced public cloud computing services from Alibaba Cloud to meet the various needs of Japanese customers, ranging from startups to multinational companies.
ZDNet — MasterCard has unveiled the first commerce application for Softbank’s Pepper, with the humanoid robot to be trialled by Pizza Hut Restaurants Asia for order taking and payments processing. To use Pepper, a customer will need to pair their MasterPass account either by tapping the Pepper icon within the wallet or by scanning a QR code on the tablet that the robot holds.
RC Wireless — SoftBank and Chinese online and mobile commerce company Alibaba Group formed a joint venture dubbed SB Cloud Corporation to provide cloud computing services in Japan. The company said it will use technologies and solutions from Alibaba Cloud, the cloud computing arm of Alibaba Group.
Telecom Asia — Alibaba Group has teamed up with its largest shareholder Softbank Group to provide public cloud computing services in Japan. The two announced on Friday that they have formed a joint venture, called SB Cloud Corp, to deliver Alibaba Cloud’s technology and services for Japanese enterprises, ranging from startups to multinational companies.
Market Exclusive — Alibaba Group Holding Ltd (NYSE:BABA) is expanding its cloud-computing footprint into Japan as it continues to pursue new opportunities for growth. The e-commerce giant has teamed up with its largest shareholder Softbank for the formation of a joint venture that will pursue new cloud clients in the country.
Venture Beat — Chinese Internet behemoth Alibaba has teamed up with Japanese telecom giant SoftBank to form a cloud-computing joint venture (JV) in Japan. SoftBank’s parent company, SoftBank Group, is an existing shareholder in Alibaba, so the deal isn’t exactly a bolt out of the blue. SB Cloud Corporation, or “SB Cloud,” as it will be known, will combine the collective smarts from the two technology titans, and the joint venture will lead to a new data center that provides “competitive and enhanced public cloud computing services” from Alibaba Cloud, according to a press release.
Japan Today — Japanese Internet company SoftBank Group Corp, which is struggling to turn around Sprint in the U.S., reported Tuesday a 49% plunge in profit for the January-March quarter to 45.2 billion yen ($415 million), compared to the same period the previous year.
ZDNet — Chinese ecommerce giant Alibaba and Japanese telecommunications provider SoftBank have formed a joint-venture cloud services company called SB Cloud to bring Alibaba Cloud’s technology and solutions to Japanese businesses. SB Cloud will be headquartered in Minato-ku, Tokyo, and will open a datacentre to offer Alibaba’s cloud security services, data storage, processing solutions, and middleware offerings.
Bloomberg — Alibaba Group Holding Ltd. teamed with its largest shareholder SoftBank Group Corp. to form a cloud computing service venture targeting Japanese customers, as the Chinese e-commerce giant expands one of its fastest growing businesses.
Tech in Asia — Mobile utility apps have flooded India over the past couple of years, in tandem with the boom in smartphone usage. These are mostly from Chinese firms like APUS and Cheetah. There’s also the caller ID app Truecaller made in Sweden but hugely popular in India. Now there’s an app made in India in the mix – True Balance, which today announced series A investment from SoftBank Ventures Korea.
Times of India — TOKYO: Japanese telecommunications and internet company SoftBank Group says it is reorganizing into two new 100%-owned subsidiaries, with its global investment business separated from its domestic operations. The company said Monday that the move is aimed at making its two key business areas “future growth drivers,” with the transfer to be completed by December. The move needs shareholders’ approval.
Telecom Asia — Japanese telecoms operator Softbank is streamlining its data center operations by deploying Brocade VDX switches in its group-wide common service infrastructure network. Softbank said the new infrastructure will greatly reduce complexity and the cost of network operations within its data centers, giving the company greater agility to pursue new growth opportunities in OTT services.
Times of India — TOKYO: Japanese telecoms conglomerate SoftBank Group said on Monday it will purchase up to 500 billion yen ($4.4 billion) worth or as much as 14.2% of its own shares, in its biggest buyback to date. The shares have fallen around 28% since the start of the year.
TOKYO: Japanese telecommunications and internet company SoftBank is reporting an 88% drop in fiscal third quarter profit as it struggles to turn around its US carrier Sprint. SoftBank Group reported on Wednesday a 2.3 billion yen ($20 billion) October-December profit, down from 18.7 billion yen the same period a year earlier.
Nikkei — TOKYO: SoftBank has partnered with an American startup that performs big-data analysis on city traffic, aiming to provide efficient traffic systems to Japanese bus, taxi and transportation companies. Urban Engines, founded by Google researchers and a Stanford University professor, counts the search engine giant as an investor. Its strength is creating software and systems to analyze masses of traffic-related data.
Data Center News — Japanese telco Softbank has deployed Brocade VDX switches to provide Ethernet fabrics, streamlining its data center operations and increasing business agility. The new infrastructure is designed to reduce complexity and the cost of network operations within SoftBank’s data centers, providing the company with more agility to pursue new growth opportunities with over-the-top services.
Digi Times — Japan-based Softbank has announced it will begin selling its Pepper robots at 100 physical Softbank Shops on January 28, indicating that its production partner Foxconn Electronics has ramped up production, according to Japan-based media reports.
Telecom Asia — Japan’s Softbank has invested over $2 billion in India over the past year and plans to accelerate its pace of investment in the burgeoning market, according to CEO Masayoshi Son. According to Son the company is on track to invest more than the $10 billion it had planned to pour into the market over the next 10 years, the Wall Street Journal reported.
Telecom Asia — Japan’s Softbank has become the nation’s first operator to announce its plans to comply with the government’s call to reduce mobile prices for customers who do not generate significant voice or data traffic. The operator will introduce a low-cost option for light users starting in April at the earliest, the Japan Times reported.
Digi Times — The production of robot products will be the major focus of the Foxconn Group’s development strategy, according to the group’s chairman Terry Gou. In addition to importing robots to China, Foxconn has also partnered with Japan’s Softbank and China’s Alibaba to push and market robot services such as Pepper worldwide.
Times of India — TOKYO: New smartphone subscriptions for SoftBank Group plunged 35% at its own stores in Japan’s most populous region in the last business year, according to internal data that paints a far gloomier picture than its published financial results. The data, from a July presentation for distributors and seen by Reuters, highlights the depth of SoftBank’s pain as intensifying competition hits its domestic mobile unit, which is responsible for the bulk of its operating profit.
Seoul — The purpose of the NCP Project is to form a submarine cable network with a data processing capacity of about 80 Tbps and a total length of approximately 14,000 km across the Pacific Ocean. The total capacity under KT’s control is scheduled to be increased to 118.4 Tbps, including 38.4 Tbps on the side of the Asia Pacific Gateway (APG) submarine cable connecting Southeast Asia to Northeast Asia.
Tech In Asia — Japanese telco SoftBank just made a big bet on the booming financial tech (fintech) industry. SoftBank yesterday announced a US$1 billion round of funding for San Francisco-based SoFi, an online service that allows America’s debt-laden students to refinance their federal or private student loans.
Times of India — NEW DELHI: Online marketplace Snapdeal has raised $500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank. Existing investors Temasek, BlackRock, Myriad and Premji Invest also participated in the latest funding round, Snapdeal said in a statement. The company had raised more than $1 billion, from investors including Softbank ($627 million) and iconic business leader Ratan Tata (personal investment).
Telecom Asia — Telecom equipment vendors have taken more strides towards delivering 5G networks, with the 5GNOW project reaching completion and ZTE announcing an R&D partnership in Malaysia. ZTE has announced it has entered an R&D partnership with Malaysia’s U Mobile focused on the development of pre-5G and 5G mobile broadband technologies.
Times of India — BEIJING: Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China’s Alibaba Group Holding Ltd, three people familiar with the matter said on Monday. One of the people said the deal could be finalized within a few days at the earliest but may also take weeks.