News about Masayoshi Son
I'm a fund manager and this is why I'm backing the companies shaking up Japan's financial system
www.dailymail.co.uk,
May 20, 2024
In a country where cash has long been king, fintech innovators are at last shaking up old habits. Matthew Brett, manager of The Baillie Gifford Japan Trust, tells Joji Sakurai about three disrupters loosening the grip of the country's traditional megabanks.
ALEX BRUMMER: End this Czech farce at Royal Mail now
www.dailymail.co.uk,
May 17, 2024
IDS's pusillanimous board and investors should tell Kretinsky to take a hike, and encourage Keith Williams to step down and bring in a fresh chairman with inner strength. Instead of hobnobbing with the invader, Badenoch should invoke the National Security and Investment Act without delay.
Don't ditch name and shame plan - it has the City running scared, says ALEX BRUMMER
www.dailymail.co.uk,
May 8, 2024
Independent regulation has not been an unalloyed success as users of the sewage-tainted water utilities and those wronged by get-rich-quick energy upstarts could testify. So the City regulator Nikhil Rathi found himself in a difficult spot before the Treasury Select Committee.
ALEX BRUMMER: Darktrace sale betrays whole Cambridge ecosystem
www.dailymail.co.uk,
April 26, 2024
Corporate champions do not just happen. They are the result of detailed academic work, R&D support from government and education broadly funded by the taxpayer. Buyer Thoma Bravo is making all the usual noises about a commitment to the UK. If and when Darktrace is hammered together with cyber security firms on the other side of the Atlantic, it is hard to imagine its integrity, patents and intellectual property will remain very British. One only has to look at the way that Arm Holdings, another Cambridge emigre, has transmogrified in the US into an £80billion giant (with most of the uplift going to Softbank) to recognise how easy bearings are lost with senior executives shifting domicile.
OpenAI chief Sam Altman is seeking up to $7 TRILLION from investors including the UAE for secretive project to 'reshape the global semiconductor industry'
www.dailymail.co.uk,
February 9, 2024
According to the Wall Street Journal, the initiative, which aims to increase the production of AI chips, could need to raise as much as $7 trillion. It would be a staggering and unprecedented sum in venture capital, much more than Apple and Microsoft's combined current market capitalizations, and more than Japan or Germany's annual GDP. According to the Journal, Altman met with several potential investors, including SoftBank Chairman Masayoshi Son and Sheikh Tahnoun bin Zayed al Nahyan, the UAE's head of security.
According to ALEX BRUMMER, politicians should have fought much harder to keep Arms in Britain
www.dailymail.co.uk,
February 8, 2024
Arm Holdings' emergence as a top-tech winner demonstrates that Britain is a natural innovator who can produce high-tech winners. Theresa May's government succumbed to the entreaties of Masayoshi Son of Softbank in 2016, and the new incumbents on Downing Street failed to challenge Arms back for a London listing when it re-floated last year.
Buy back in today if you sold shares in May: HAMISH MCRAE explains why the stock market could rise today
www.dailymail.co.uk,
September 17, 2023
The St Leger in Doncaster is the world's oldest classic horse race, and it was run yesterday. So how did that old investment adage - sell in May and go away, come back on St Leger's day - work this year?Not too bad, but the crucial question is what's next?
ALEX BRUMMER: Scrapping HS2 is a joke
www.dailymail.co.uk,
September 15, 2023
The long-term damage of losing a large infrastructure is staggering. It needed a mammoth effort by the last Labour government to save the fast rail link to the Chunnel and St Pancras' stunning refurbishment, which the country should be proud of. In the same way, it took a lot of courage to stick with the Elizabeth Line (Crossrail), but the difference it has made to travel in the South East has been immeasurable. The economic value added to new and rebuilt stations has increased, which has spread hope. Much has been said about how the time shaved off HS2's journey to Birmingham and Manchester would not be significant in the era of AI and social media. If built, the HS2 will provide a link to the UK's neglected regions.
Arms' stock plummets on the first day of blockbuster New York: The UK Chip designer's debut has boosted its value at more than £50 billion
www.dailymail.co.uk,
September 14, 2023
In early trading, the shares went from $51 to $61.99 in one of the most highly awaited stock market IPOs in recent years. Arms' value increased by more than 25% from $51 to $63.6 billion in a blockbuster return to the public markets in one of the most awaited stock market IPOs in recent years.
ASTRZENECA REPORT: In the aftermath of fears that Boss Boriot will leave the company, AstraZeneca has decreased
www.dailymail.co.uk,
September 11, 2023
In recent days, the buzz surrounding the launch of Arm Holdings in New York this week has been growing. Masayoshi Son, the founder of Softbanking, may have failed to establish Masayoshi Son as a safe owner of the UK's most valuable tech firm. He is a dab hand when it comes to trading the stock markets.
Arm investors should be well prepared for a roller coaster ride, according to ALEX BRUMMER
www.dailymail.co.uk,
September 11, 2023
Masayoshi Son (pictured) a softbank founder who may have failed to establish himself as the UK's most valuable tech firm. He is a dab hand when it comes to playing the stock markets. Arms is being sold not only as an innovative smart-chip manufacturer but also as the next Nvidia, the 2023 star tech stock, as the importance of artificial intelligence to growth and productivity for the global economy comes into sharper focus.
Arms is worried about the Chinese company's demise as it approaches Nasdaq's listing
www.dailymail.co.uk,
August 22, 2023
Arm revealed that it was 'particularly vulnerable to economic and political risks' in China, where it rakes in almost a quarter of its revenues. Arm spent more than 3,500 words in a 330-page paper outlining the Biden administration's increasing tensions with Beijing that were already hindering the company's success.
Amazon is wooing Amazon ahead of a New York IPO, just a day after announcing a loss
www.dailymail.co.uk,
August 9, 2023
The Japanese conglomerate, which bought the Cambridge company in 2016, is raising funds to attract interest for its forthcoming £55 billion initial public offering on Nasdaq. Amazon is apparently considering an anchor investment, which would provide the IPO with critical support.
WeWork warns of "substantial doubt" that it will survive after going from $47 billion to bankruptcy brink
www.dailymail.co.uk,
August 9, 2023
The New York-based workspace-sharing business, which was once valued at $47 billion, said that its ability to remain in operation is dependent on increasing its liquidity and profitability over the next 12 months. The Coronavirus pandemic had stung workers at home, but no one reported a profit until restrictions were eased, but WeWork was not allowed to operate. WeWork reported in a filing with the Securities and Exchange Commission (SEC) that the challenges include softer demand and a "difficult" operating environment. Inset image: Interim CEO David Tolley
Arm's high hopes at a planned September US IPO have been shattered when it posts a £52 million loss
www.dailymail.co.uk,
August 8, 2023
The Cambridge-based semiconductor company owes the company's £52 million loss over the second quarter to a drop in consumer demand. The news came just days after the chip designer revealed that it was attempting to raise as much as £8 billion in a £55 billion market debut in September.
ALEX BRUMMER: Private equity faces peril
www.dailymail.co.uk,
May 31, 2023
The lack of transparency is one of the reasons for being skeptical of private equity, which has invested £80 billion taking private British companies private over the last five years. Asda's £2.3 billion takeover of EG Group's UK and Irish petrol stations is shrouded in secrecy. However, the sector is still a component of the UK's financial system. The fraternity, which works closely with brokers, investment banks, and attorneys in the City, has colonized major parts of Mayfair.
MAGGIE PAGANO: Arm's US listing is a much-needed wake-up call
www.dailymail.co.uk,
March 2, 2023
SoftBank's decision to float Britain's technology giant Arm in New York rather than a dual listing of its shares on the London Stock Exchange is deeply disappointing. It's especially worrying because Rishi Sunak, as well as previous Prime Ministers and officials, have been pulling as many strings as they could have behind the scenes for the Cambridge-based semiconductor's IPO in London as well as New York.
In London, the last-ditch attempt to float the £50 billion Arms has come to an end
www.dailymail.co.uk,
February 4, 2023
When Arm's latest findings, its Japanese owner SoftBank is expected to announce its plans for the Cambridge-based chip designer. Arm, the world's most influential chip designer, has confirmed that its IPO, which is expected to be one of the largest of 2023. However, there is also a controversy over whether it will be released in London or New York. To give Arms equal billing in the City and Wall Street, the London Stock Exchange is recommending a unique structure that has never been used before.
MAGGIE PAGANO: It's time to rethink the tax debate
www.dailymail.co.uk,
January 24, 2023
Ladies, it's time to get down the dishes and dig out the heels that were inaccessible at the back of the cupboard during the Covid period, when we promised never to wear them again. Heels are back in style, whether or not you like it or not, and that's if your feet can cope. According to Primark, which had a record three months of trading before and during the Christmas period, young shoppers are out in force, purchasing heels and dressing up.
Even if Arms does not have a listing in London, Britons could buy shares in Arm
www.dailymail.co.uk,
January 24, 2023
Masayoshi Son (pictured), the founder of Softbank, is believed to be planning to float Arm on Wall Street for at least £48 billion. However, even if that were to happen, investors in the United Kingdom might also be able to buy shares through a retail auction, according to markets technology platform PrimaryBid.
Elon Musk sets a new world record for the largest loss of personal wealth
www.dailymail.co.uk,
January 12, 2023
According to Guinness World Records, Elon Musk has broken the world record for amassing the most significant losses to his personal fortune in history, wiping £135 billion ($165 billion) off his net worth between November 2021 and December 2022. It comes after Musk's electric car company lost 56% after he bought Twitter last year, a move that scared investors. The losses surpassed Masayoshi Son's previous record of £47 billion in 2000.
Rishi launches fresh bid to bring microchip designer Arm to London
www.dailymail.co.uk,
January 9, 2023
Softbank, a Japanese multinational, bought the Cambridge-based company in 2016 in a £26 billion swoop, but now wants to sell it. The preferred alternative is a stock market IPO on the Nasdaq in New York - where shares in rivals such as Nvidia, Qualcomm, and Intel are among the available choices. Arm shares are also listed in the United Kingdom, according to both the government and the London Stock Exchange.
Arm's £50billion float shelved in tech slump
www.dailymail.co.uk,
November 19, 2022
Early next year, the city and lawmakers had been urging Arm to float in the capital. Arms is now expecting the flotation to be later than anticipated due to turbulent trading conditions and the financial difficulties of its parent company. The postponement has caused a major setback for the technology world, as well as billionaire Masayoshi Son, the founder and chief executive at Arm's Japanese owner SoftBank. It's also a blow to the UK's aspirations to be a leading figure in the global technology industry.
Arm's future was in doubt as a result of Samsung's talks
www.dailymail.co.uk,
September 22, 2022
Masayoshi Son, Arm parent Softbank's CEO, will fly to Seoul next week to address a'strategic partnership' with Samsung for the UK tech giant. Son, according to various sources, wants to see if Samsung would be interested in buying a stake in Arms as he has become more apprehensive about IPOs in New York or London before March.