Japanese telecommunications and Internet company SoftBank is reporting an 88 percent drop in fiscal third quarter profit as it struggles to turn around its U.S. carrier Sprint.
Technology company Softbank's Pepper robot is going on sale in Japan on Saturday, equipped with a "heart" designed to not only recognize human emotions but react with simulations of anger, joy and irritation.
Coupang, a South Korean online shopping site, has secured a $1 billion investment from Japanese Internet company Softbank Corp.
Banjo, a tech startup that searches for trends and breaking news events on social media, announced Thursday it raised $100 million in a funding round led by Japan's SoftBank.
Japanese mobile carrier Softbank said Tuesday it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that will be available to Japanese consumers around midyear.
Softbank's quarterly profit plunged by two thirds as it struggled with reshaping its money-losing U.S. acquisition Sprint Corp.
Japanese telecommunications and Internet company Softbank Corp. has invested $250 million in GrabTaxi, one of Southeast Asia's top taxi hailing apps.
Softbank's quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint.
Food giant Nestle said Wednesday that its Japan unit would hire 1,000 robots as sales clerks at stores across the country.
Japanese telecommunications company Softbank Corp. said Tuesday it bought stakes in two Indian technology companies and could splash $10 billion on investments in the country over the next decade.