Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments
Read more at ABC News
-
SoftBank falls to $2.4bn loss amid plans for huge AI investments
Japanese tech group hit by underperformance in its Vision Fund portfoliosFinancial Times - Feb. 12 -
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.CNBC - Feb. 12 -
Taiwan pledges to communicate and invest more in the US after Trump tariff threats
Taiwan President Lai Ching-te says he will communicate more with the U.S. over President Donald Trump’s concerns over the chip industry and invest more in the U.S. Trump said Thursday that Taiwan ...ABC News - 6d -
Taiwan pledges US investment boost after Trump’s tariff threat
US president has accused Taipei of ‘stealing’ American semiconductor industryFinancial Times - 6d -
UK rushes forward plans for £2.5bn steel investment after Trump announces tariffs
US president’s announcement prompts government to publish green paper weeks ahead of schedule. The government has rushed forward plans for a £2.5bn investment in the UK steel industry after ...The Guardian - 5d -
Europe reels after Trump announces US-Russia talks on Ukraine
Germany criticises US for making ‘public concessions to Putin before negotiations have even begun’Financial Times - Feb. 13 -
Trump Media reports $400 million in 2024 losses
Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.CNBC - 5d -
Romanian President Klaus Iohannis announces resignation after pressure by populists
Romanian President Klaus Iohannis has announced his resignation following mounting pressure from populist opposition groupsABC News - Feb. 10 -
Beauty stocks post major losses after a week of worrying results
Several beauty stocks tanked this week, as companies such as E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance.CNBC - Feb. 7 -
Ukrainian President Zelenskyy says after Trump-Putin call that his country cannot accept 'any agreements without us'
Ukrainian President Zelenskyy says after Trump-Putin call that his country cannot accept 'any agreements without us'ABC News - Feb. 13 -
Trump Says He Will Announce Reciprocal Tariffs Next Week
The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.The New York Times - Feb. 7 -
NATO is in disarray after the US announces that its security priorities lie elsewhere
U.S. Defense Secretary Pete Hegseth's speech on Ukraine this week has thrown NATO into disarrayABC News - Feb. 13 -
Trump administration begins firings of FAA air traffic control staff just weeks after fatal Washington DC plane crash - US politics live
Staff at the Federal Aviation Administration receive emails saying they have been fired, upending rotas during period of busy air travel . A US judge has scheduled a rare holiday court hearing on ...The Guardian - 3d -
12:30 Report — Trump’s foreign policy whiplash week
{beacon} 12:30 REPORT Happy Valentine’s Day to all my 12:30 readers! 💘 I appreciate each and every one of you. In this edition: Vance scolds Europe in his big foreign policy address. Hegseth ...The Hill - 6d -
Stock futures reverse early losses as Trump to announce 25% tariffs on steel, aluminum imports
President Donald Trump said Sunday he will announce 25% tariffs against all steel and aluminum imports into the U.S. on Monday.MarketWatch - Feb. 10 -
Chiefs give Travis Kelce this deadline for deciding his NFL future after Super Bowl loss, per report
The star tight end is still weighing his optionsCBS Sports - 6d -
Trump calls himself "the king" after announcing challenge to NYC congestion pricing
President Trump on Wednesday posted a social media message that read in part "long live the king" as he announced his administration's challenge to congestion pricing in New York City. CBS News ...CBS News - 6h -
Trump vs the media: US president wages war on the fourth estate
The administration has launched a frontal assault on the traditional news industry at a time when it is in declineFinancial Times - Feb. 7 -
Trump opponents use Presidents Day to protest his policies across the country
Opponents of President Trump are using the Presidents Day holiday to protest his policies, with demonstrations taking place in cities across the country. Protesters rallied on Feb. 17 to declare ...The Hill - 2d -
Anthony Davis injury: Mavericks star out multiple weeks with adductor strain after debut in Dallas, per report
Davis, who the Lakers dealt away in the Luka Doncic trade, got hurt in his first game with the MavericksCBS Sports - Feb. 10 -
Trump gets positive approval ratings on opening weeks of presidency in new CBS News poll
President Trump's first weeks back in the White House are getting mostly positive marks in a new CBS News poll, though 66% say Mr. Trump isn't focusing enough on lowering prices. CBS News chief ...CBS News - Feb. 10 -
Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz
Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist. Forget Trump’s tariffs, the president’s bond market threat is worse . Donald Trump’s ...The Guardian - 3d -
Macron unveils plans for €109bn of AI investment in France
French president speaks ahead of AI summit in Paris involving executives such as OpenAI’s Sam AltmanFinancial Times - Feb. 10 -
After weeks of discord, Florida Republicans craft Trump-focused immigration legislation
TALLAHASSEE, Fla. — After weeks of war between Florida Gov.NBC News - Feb. 11 -
Trump to announce 25% aluminium and steel tariffs as China’s levies against US come into effect
US president accused of ‘shifting goalposts’ by premier of Ontario for adding further tariffs on top of existing metal duties, as China’s fossil fuel levies come into force. Donald Trump has said ...The Guardian - Feb. 10 -
Trump reportedly fires watchdog who oversees USAid after damning report
Paul Martin, an independent inspector general and Biden appointee, warned of drastic effects of shuttering USAid. Donald Trump reportedly fired the federal watchdog responsible for overseeing the ...The Guardian - Feb. 12 -
Trump to announce retaliatory tariffs
President Trump is set to announce new tariffs as retaliation for those imposed by nations against the U.S. CBS News' Aaron Navarro reports.CBS News - Feb. 13 -
Egypt announces emergency Arab summit after Trump's Gaza plan infuriates key allies
Egypt has announced it will host an emergency Arab summit on Feb. 27 to discuss “new and dangerous developments” after U.S. President Donald Trump proposed to resettle Palestinians from the Gaza StripABC News - Feb. 9 -
Stock market suffers weekly loss after Trump tariff jitters strike again
The U.S. stock market slumped Friday, with the S&P 500 giving up its weekly gain after investors fretted over reciprocal tariffs planned by President Donald Trump.MarketWatch - Feb. 7 -
Polish president says US assures him it won’t reduce troop levels as he revives 'Fort Trump' idea
Poland’s President Andrzej Duda says he has received U.S. assurances that Washington will not reduce its troop presence in Poland and elsewhere along NATO’s eastern flankABC News - 2d -
After DeepSeek Upended the Market, Is It Worth Investing in A.I.?
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology.The New York Times - Feb. 7 -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - Jan. 21 -
Meta Plans Investments Into AI-Driven Humanoid Robots, Memo Shows
Meta isn’t the only company exploring human-like robots that could help out in homes or industrial settings.Inc. - 6d -
Crunchbase’s AI can predict startup success with 95% accuracy—will it change investing?
Crunchbase pivots to AI-powered predictions engine with 95% accuracy for startup funding rounds, abandoning historical data in favor of predictive intelligence that forecasts acquisitions and ...VentureBeat - 1d -
Alibaba to ‘aggressively’ invest in AI over next three years
Tech company’s share price up more than 50% since start of year on DeepSeek-led AI rallyFinancial Times - 7h -
Romania's president announces resignation under pressure from far-right
One Romanian political analyst says President Klaus Iohannis' decision to resign means "the populists can say they won."CBS News - Feb. 10
More from ABC News
-
Apple unveils a souped-up and more expensive version of its lowest-priced iPhone
Apple has released a sleeker and more expensive version of its lowest priced iPhone in an attempt to widen the audience for a bundle of artificial intelligence technology that the company has been ...ABC News - 1d -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 4h -
Agriculture Department tries to rehire fired workers tied to bird flu response
The Agriculture Department is scrambling to rehire several workers it fired as part of President Donald Trump’s broad cuts because they were involved in the government’s response to the ongoing ...ABC News - 17h -
Illinois gov. to back 'screen-free schools' and join trend to ban cellphones in class
Illinois Gov. JB Pritzker is planning to endorse a statewide ban on cellular devices in public schoolsABC News - 1d -
Google agrees to pay Italy $340 million to settle a tax evasion investigation
Italian prosecutors say they are seeking to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlementABC News - 1d
More in Tech
-
The National Institute of Standards and Technology Braces for Mass Firings
Approximately 500 NIST staffers, including at least three lab directors, are expected to lose their jobs at the safety-standards agency as part of the ongoing DOGE purge, sources tell WIRED.Wired - 12m -
The National Institute of Standards and Technology Braces for Mass Firings
Approximately 500 NIST staffers, including at least three lab directors, are expected to lose their jobs at the safety-standards agency as part of the ongoing DOGE purge, sources tell WIRED.Wired - 12m -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón's film Roma, which was made in Mexico and went on to international acclaim.Wired - 13m -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón's film Roma, which was made in Mexico and went on to international acclaim.Wired - 13m -
The 31 Best Movies on Max (aka HBO Max) Right Now (February 2025)
We Live in Time, Blue Velvet, and Beetlejuice Beetlejuice are just a few of the movies you should be watching on Max this month.Wired - 31m