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Apr 29, 2024
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softbank was one of the early initial bankers.elationship with adam neumann was stuff of legend and softbank is still plodding along trying to extract whatever it can from the massive amount of money it put into the company. host: softbank would still own a portion of wework under the deal according to our reporting. softbank would receive at least 16.5% of wework and their share could increase to as much as 36%. why does softbank want 30 six percent of wework at this point? >> because of the amount of money they put in in the first go around. when you look at what they are putting in and the equity they can get in a reorganized company, that wipes out any hope for the pre-existing equity holders after the debt loan comes. there is very little equity left. this is not though $47 million company we talked about so much five years ago. host: it is really the creditors first, those that hold the debt that will see the money first. let's switch gears. i'm curious what you are seeing on mckenzie. a story highly read -- mckinsey is tryi
softbank was one of the early initial bankers.elationship with adam neumann was stuff of legend and softbank is still plodding along trying to extract whatever it can from the massive amount of money it put into the company. host: softbank would still own a portion of wework under the deal according to our reporting. softbank would receive at least 16.5% of wework and their share could increase to as much as 36%. why does softbank want 30 six percent of wework at this point? >> because of...
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Apr 23, 2024
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. >>> we have always known that softbank would go big on gen-ai.talked about it for a long time many took it that softbank would invest as a conglomerate the nikkei is looking to develop over large ai model. >> the models of today cost about $100 million, plus or minus factor two or three. i think we're going to see models trained in the next year are going to be about a billion dollars. and then 2025, 2026 we're going to go to 5 or $10 billion. and i think there's a chance it may go beyond that to $100 billion. >> that is just a huge amount of money. and softbank has reportedly planning to invest less than a billion dollars over two years if it's right the cost to build one would raise 5 to $10 billion as soon as next year, a billion dollars is far from enough but there's another camp of experts that believe costs will come down thanks to improvements in hardware and alga rhythmic efficiency and more competitive pricing. either way, though, tyler, seema, it's not surprising that masa son is ambitious. this could represent one of the biggest challe
. >>> we have always known that softbank would go big on gen-ai.talked about it for a long time many took it that softbank would invest as a conglomerate the nikkei is looking to develop over large ai model. >> the models of today cost about $100 million, plus or minus factor two or three. i think we're going to see models trained in the next year are going to be about a billion dollars. and then 2025, 2026 we're going to go to 5 or $10 billion. and i think there's a chance it...
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Apr 30, 2024
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it will see supporters, including japanese giant softbank, providing the firm with around $450 million bankrupcy in the united states last november. it has since been looking for ways to restructure its debts. microsoft's chief executive is visiting southeast asia this week as the tech giant focuses its attention on the region. his first stop is indonesia where he will meet with presidentjoko widodo. for more on the story, let's bring in our business reporter monica miller from the newsroom. he will be the keynote speaker at three events in the region starting in jakarta at three events in the region starting injakarta and bangkok and then kuala lumpur. the types of people who will be attending our data scientists as well as people across the span there of the internet to give them a flavour of what this technology can do. he is not the only person in the tech space to have been visiting this part of the world this month. we had tim cook from apple here talking to indonesian leaders as well as a visit to vietnam. this trip for microsoft comes one week after a stellar earnings. they had
it will see supporters, including japanese giant softbank, providing the firm with around $450 million bankrupcy in the united states last november. it has since been looking for ways to restructure its debts. microsoft's chief executive is visiting southeast asia this week as the tech giant focuses its attention on the region. his first stop is indonesia where he will meet with presidentjoko widodo. for more on the story, let's bring in our business reporter monica miller from the newsroom. he...
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Apr 30, 2024
04/24
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it will see supporters, including japanese giant softbank, providing the firm with around $450 million filed for bankrupcy in the united states last november. it has since been looking for ways to restructure its debts. microsoft's chief executive is visiting southeast asia this week as the tech giant focuses its attention on the region. his first stop is indonesia where he will meet with presidentjoko widodo. for more on the story, let's bring in our business reporter monica miller from the newsroom. he is beginning the trip as we mentioned injakarta and over the next few days he will be the next few days he will be the keynote speaker at an event that microsoft is supporting, ai day which will introduce and let some people in the industry really get to see what this is made of in this part of the world. in addition to jakarta he will go to bangkok as well as kuala lumpur where he will meet with the prime minister. this comes after a couple of days ago microsoft have reported very strong earnings which made wall street happy. the company has invested heaps of money into ai technology.
it will see supporters, including japanese giant softbank, providing the firm with around $450 million filed for bankrupcy in the united states last november. it has since been looking for ways to restructure its debts. microsoft's chief executive is visiting southeast asia this week as the tech giant focuses its attention on the region. his first stop is indonesia where he will meet with presidentjoko widodo. for more on the story, let's bring in our business reporter monica miller from the...
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Apr 30, 2024
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it will see supporters, including japanese giant softbank, providing the firm with around $450 millionthe united states last november. a quick look at the numbers. if we can show you them in time. this is how europe is looking right now. once again, the ftse having a great session, we have talked about it feeling undervalued right now so we will keep a close eye on it. brent crude just will keep a close eye on it. brent crudejust dipping below will keep a close eye on it. brent crude just dipping below $90 per barrel. you are up to date and we will see you soon. hello from the bbc sport centre. we start with the champions league semi—finals — bayern munich host real madrid in their first leg later. bayern manager tomas tuchel is leaving the club at the end of the season, but there's a chance he could go out on a high with a piece of silverware. bayern are through to the last four for the first time since they won the competition in 2020. and they will be looking to their star striker harry kane to help them get past 1a time winners real madrid. the england captain has scored seven goal
it will see supporters, including japanese giant softbank, providing the firm with around $450 millionthe united states last november. a quick look at the numbers. if we can show you them in time. this is how europe is looking right now. once again, the ftse having a great session, we have talked about it feeling undervalued right now so we will keep a close eye on it. brent crude just will keep a close eye on it. brent crudejust dipping below will keep a close eye on it. brent crude just...
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Apr 29, 2024
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it will see supporters, including japanese giant softbank, providing the firm with around a50 millionates last november. it has since been looking for ways to restructure its debts. paramount global says bob bakish will be stepping down as chief executive of the firm. the owner of the paramount pictures movie studio and mtv cable network announced the change before reporting better—than—expected earnings for the first quarter. paramount is currently in talks over a possible merger with american production company skydance media. microsoft's chief executive is visiting southeast asia this week as the tech giant focuses its attention on the region. his first stop is indonesia where he will meet with presidentjoko widodo. for more on the story, let's bring in our business reporter monica miller from the newsroom. is the keynote speaker at key events the microsoft is hosting an jakarta, events the microsoft is hosting anjakarta, kuala lumpurand anjakarta, kuala lumpur and bangkok anjakarta, kuala lumpurand bangkok over the next three days. it is microsoft showing off all of its ai technol
it will see supporters, including japanese giant softbank, providing the firm with around a50 millionates last november. it has since been looking for ways to restructure its debts. paramount global says bob bakish will be stepping down as chief executive of the firm. the owner of the paramount pictures movie studio and mtv cable network announced the change before reporting better—than—expected earnings for the first quarter. paramount is currently in talks over a possible merger with...
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Apr 26, 2024
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softbank rising with a little softness for rakuten.e saw great growth from alphabet and microsoft earlier. and the first ever dividend as well. take a look at asian chipmakers. a pretty forgettable quarter for intel. we do have sk hynix recovering a lot of the ground that it lost on thursday after its results. a bit of profit taking play. sk hynix rebounding pretty sharply. it is now off 1.3% from yesterday's open but up about 4% today. i want to talk a little by -- about bhp which is slipping at the moment. i believe bhp it has done the most in seven months, trading volume as well. this is a story we brought to you yesterday during a public holiday here in australia, bhp reportedly making a bid for anglo american, worth $59.6 billion. it is an all stock bid. this suggests the days of big dealmaking might be back on the table for the chief executive mike henry and he is particularly interested in copper. bhp off about 4.3% after 15 minutes of trade in australia. watching the yen very closely. more from the ministry of finance today but
softbank rising with a little softness for rakuten.e saw great growth from alphabet and microsoft earlier. and the first ever dividend as well. take a look at asian chipmakers. a pretty forgettable quarter for intel. we do have sk hynix recovering a lot of the ground that it lost on thursday after its results. a bit of profit taking play. sk hynix rebounding pretty sharply. it is now off 1.3% from yesterday's open but up about 4% today. i want to talk a little by -- about bhp which is slipping...
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Apr 30, 2024
04/24
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we work and its major financial backers including softbank have struck a new restructuring deal, spurningn from the cofounder adam neumann. they agreed to provide $450 million in financing for exchange in equity. the deal would see wework exit in the coming months. paul: we heard from samsung earlier and south korea's robust first-quarter earnings and initiatives are fueling faith in their stock market. how has korea's earnings season been so far compared to its peers? ishika: yeah, just for some context, foreign funds have poured about $1.7 billion into the south korean stock market in april. a stronger dollar. looking pretty good for the stock market. most other markets have seen -- the earnings season is a big driver for this optimism. nearly 70% of the companies that have reported earnings so far have posted better-than-expected results according to goldman sachs analysis. of course this morning we saw samsung adding to that with its big profit beat and returning to profitability for the first time since 2022. you also have industrials and consumer staples firms that have beaten estim
we work and its major financial backers including softbank have struck a new restructuring deal, spurningn from the cofounder adam neumann. they agreed to provide $450 million in financing for exchange in equity. the deal would see wework exit in the coming months. paul: we heard from samsung earlier and south korea's robust first-quarter earnings and initiatives are fueling faith in their stock market. how has korea's earnings season been so far compared to its peers? ishika: yeah, just for...
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Apr 3, 2024
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maybe it will -- i remember masa from softbank, many years ago, when we did an interview, talking about.i. >> what'd he say about layoffs? >> he missed it entirely in terms of investing in it properly, at least at that point he did, but he was talking about, we'll all be sitting back being fed grapes and fanned. >> i just think there's going to be a radical shift, because the reason why i'm not as perturbed about it is you can speak to the computer. you don't need to go to stanford anymore. i'm talking about a shift of people out of dangerous jobs into jobs that are safer. there's a lot of dangerous jobs. >> you're also talking about fewer jobs. you are. that's your concern. >> i am. i just think they're brighter than us, so they can outthink us at a lot of different things. we can't outthink them. how are we going to outthink them? we programmed them, but we can't -- look, if you watch every single movie made about ca cary grant, you'll be smoother than cary grant. >> nobody can be cary grant. what are you talking about? a robot is going to become cary grant, greatest movie star? >> yo
maybe it will -- i remember masa from softbank, many years ago, when we did an interview, talking about.i. >> what'd he say about layoffs? >> he missed it entirely in terms of investing in it properly, at least at that point he did, but he was talking about, we'll all be sitting back being fed grapes and fanned. >> i just think there's going to be a radical shift, because the reason why i'm not as perturbed about it is you can speak to the computer. you don't need to go to...