Sprint reported higher-than-expected second-quarter revenue on Wednesday.» Read More
Softbank's Masayoshi Son--also the chairman of Sprint--said that Americans don't realize how bad their Internet service really is.
May 28- Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial public offering filing, the Wall Street Journal said, quoting people familiar with the plans.
May 28- Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial public offering filing, the Wall Street Journal said, quoting people familiar with the plans. Yahoo Inc and SoftBank Corp own 22.6 percent and 34.4 percent of Alibaba, respectively, on a fully diluted basis.
*Unitika tumbles after requesting capital infusion. Index heavyweights surged, with SoftBank Corp rising 1.7 percent and Fanuc Corp gaining 1.2 percent. Fuji Heavy Industries Ltd, the maker of Subaru cars, jumped 2 percent after the Nikkei business daily reported that the company expects to beat its own medium-term earnings projection.
Asian stocks were mostly higher on Tuesday, but the mood was cautious amid developments in Thailand and the Bank of Japan's policy meeting.
TOKYO, May 20- Japan's Nikkei share average rose on Tuesday, snapping a four-day losing streak supported by a slightly weakening yen, while Yahoo Japan Corp soared after dropping its plan to buy mobile network operator eAccess Ltd from SoftBank Corp. The Nikkei rose 0.5 percent to 14,075.25 points.
*Kubota down on Thai martial law news. TOKYO, May 20- Japan's Nikkei share average rose on Tuesday morning, snapping a four-day losing streak supported after dropping its plan to buy mobile network operator eAccess Ltd from SoftBank Corp. However, gains were limited by expectations that the Bank Of Japan may not ease policy further any time soon.
NEW YORK, May 18- AT&T Inc has learned its lesson from its ill-fated $39 billion bid for T-Mobile USA. DirecTV, which has agreed to be acquired by AT&T for $48.5 billion, will not ask the wireless operator to pay a reverse break-up fee, or penalty, if regulators reject the proposed combination, according to people familiar with the matter.
AT&T plans to pay $48.5 billion to buy top U.S. satellite TV operator DirecTV, in a bid for growth beyond a competitive cellular market.
Asian equities fell on Friday following a selloff in global markets, but Indian shares outperformed the region.
*Nikon hits lowest since March 2011 on profit decline f'cast. *Sony, megabanks' earnings eyed on Wednesday. TOKYO, May 14- Japan's Nikkei average edged down on Wednesday, slipping from a 1-1/ 2- week high on profit-taking after big gains the previous day, while Kadokawa Corp and Dwango Co soared on a media report that the two firms plan to merge.
Nexenta makes open source-based "software-defined storage", which a client uses to save data on hardware from other vendors, thereby avoiding costly' package deals' that require buying hardware and software from the same vendor such as NetApp Inc or EMC Corp..
BEIJING, May 13- Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering.
A subtle warning: investors should know that Alibaba founder Jack Ma might work against the company's best interests.
*To raise Y300 bln in subordinated yen, dollar loans. TOKYO, May 8- Suntory Holdings Ltd aims to raise more than 800 billion yen in debt to finance its purchase of U.S. spirits company Beam Inc, Japan's third-biggest outbound deal ever, people with knowledge of the deal said on Thursday.
Asian shares rebounded on Thursday following the previous day's sharp sell-off as investors await trade figures from China.
Angry Chinese nationalists finally woke up on Wednesday to the fact that Japanese and American companies have owned over half of Alibaba for years.
TOKYO, May 7- SoftBank Corp's billionaire CEO Masayoshi Son said his company would not cash in any of its stake in Chinese online retailer Alibaba when it lists in New York in what could be the largest market debut ever by a technology company.
Jack Ma began his career as an English teacher. Today, two of his websites account for more than half of the packages shipped through China.
"Jack Ma is a big traitor," wrote another user on Tencent Weibo, a major Twitter- like Chinese microblogging site. In its IPO prospectus, Alibaba detailed ties with its two principal shareholders- Japanese telecoms firm SoftBank Corp, which owns a 34.4 percent stake, and Yahoo Inc with a 22.6 percent stake.