Apple will invest $1 billion in a fund set up by Japanese telecom company SoftBank
to finance new technology that could be used in the future, the Wall Street Journal (http://www.
0bn purchase of the company's shares from SoftBank
today announced yesterday that on 1 October 2006 it will change its company name to SOFTBANK
is scrambling for cash in an attempt to be ready for the next phase of Japan's broadband battle.
shares, worth $294 million, was made by Softbank
By making this move, we are acknowledging the potential for ZDNet Japan to expand its audience as the Japanese Web marketplace takes off," says Toshiki Otsuki, CEO of Softbank
New rate plans by Softbank
have stemmed subscriber churn
Nikesh and I have decided that he would move to an advisory role and continue to support SoftBank
, while he zeroes in on his next challenge.
owns about 50 percent of Aozora Bank, which it bought from the government when the bank was nationalized due to its insolvency, and it's planning to sell some of its shares.
The share sale reduced Softbank
America's stake in Yahoo to about 14.
ASAP Software, a leading provider of IT products and services, and SOFTBANK
After the transaction, the figure will be reduced to approximately 28 percent, SoftBank
said in a (http://www.