Japan

Exclusive: SoftBank Capital closes in on financing round with Kony - sources

SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.


Japan's economy picks up speed on unexpected surge in capex

Japan's first quarter growth handily beat initial estimates on an unexpected surge in capital spending, fresh signs the world's third-biggest economy is in better shape to weather a hit to consumption from a sales tax hike.

SoftBank to cut smartphone charges in Japan

SoftBank Corp (9984.T), Japan's No.3 mobile carrier, will cut its smartphone charges in Japan with a flat rate for unlimited voice calling and cheaper data plans, in a sign that price competition may be starting to pick up in Japan's mobile market.

SoftBank to start selling personal robots next year

Japan's SoftBank Corp said on Thursday it will start selling human-like robots for personal use by February, expanding into a sector seen key to addressing labour shortages in one of the world's fastest ageing societies.


Latest News

The Japan Aerospace Exploration Agency (JAXA) is planning to start a commercialized space-based solar energy farm that would convert sunlight into electricity in a bid to replace the many nuclear power plants built on earthquake-prone areas.
San Francisco, California-based nutrition and fitness startup MyFitnessPal is set to launch localized apps with additional languages to build its audience in Asia, particularly in China, Japan, and South Korea.
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
American and Canadian Bitcoin traders and investors have agreed to settle the class-action lawsuits they have filed against the bankrupt Tokyo, Japan-based Bitcoin exchange Mt Gox in return for a 16.5% stake in the firm.
Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
Tokyo, Japan-based Bitcoin exchange Mt Gox will file for liquidation in Tokyo instead of its initial plan of rebuilding the firm under bankruptcy protection after a bug reportedly brought the site down.
Osaka, Japan-based video game developer and publisher Capcom Co Ltd poured $78 million into the construction of two new research and development (R&D) facilities near its headquarters in a bid to gain more traction in the industry.
Online video platform Viddsee launched its new site Viddsee BUZZ to promote independent films from Hong Kong, Japan, Singapore, Malaysia, Cambodia, Thailand, and the Philippines on social media and help them go viral.
Takamatsu-shi, Japan-based cranes and aerial work platforms manufacturer Tadano Ltd completed its acquisition of its Yorkshire, UK-based distributor Cranes UK for an undisclosed amount to continue its market expansion.
Three people told Reuters that employees already approached Chief Executive Officer Mark Karpeles in 2012 about how the bitcoin exchange was protecting the money of its clients.
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