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Warner Music Group Corp
Warner Music takes majority stake in label run by son of top rival
...record company 10K Projects, the upstart label behind the rapper Ice Spice, for an undisclosed sum, according to a person familiar with the matter. 10K Projects was founded in 2016 by Elliot Grainge, the son...
September 5, 2023
SoftBank Group Corp
SoftBank seeks OpenAI tie-up as Son plans deal spree after Arm IPO
...Son has described Altman as “one of the key people on Earth” and said he speaks to him almost every day....
September 16, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
SoftBank Group Corp
SoftBank seeks to build investment war chest on back of Arm IPO
...Yet when Son returned to the public eye in June, he declared that interlude over, saying the company was ready to go on a “counteroffensive”....
August 26, 2023
News in-depthElliott Management Corp
Why hedge fund Elliott is locked in a bitter legal fight over AC Milan
...At stake is also the reputation of the US hedge fund founded by Paul Singer, whose son Gordon has spearheaded the AC Milan investment....
March 29, 2024
IPOs
Masa Son — IPO hero
...If Son can lift the taboo on down-rounds and make valuation compromises palatable to other companies and venture capital firms, he may be the hero that the IPO market needs....
September 14, 2023
SoftBank Group Corp
SoftBank profits beat forecast by wide margin as tech investments pay off
...That endorsed Son’s vision for SoftBank, which has focused on AI deals....
February 8, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexSoftBank Group Corp
SoftBank: Son has sold struggling group’s safety net Premium content
...Investors can only hope Son was absent from results presentations because he was hunting out a safety net to replace Alibaba....
November 9, 2023
LexSoftBank Group Corp
SoftBank can get an Arm up from venture capital’s weakness Premium content
...Son now also has probability on his side. While the total size of new investment activity by SoftBank has shrunk, it is still investing....
February 8, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rupert Murdoch engaged to be married at 92
...Murdoch last September stepped down as chair of both of his companies, relinquishing power to his son Lachlan....
March 8, 2024
Leo Lewis
SoftBank’s Son faces fresh scrutiny over his visionary status
...Today, Son’s visionary tag is under a particularly fierce forensic examination: perhaps more so than ever before....
September 14, 2023
Phone hacking
UK politicians and celebrities seek to drag Murdoch into court battle
...Fresh allegations have been made against current and former News Corp executives, including Rupert Murdoch’s son James and Rebekah Brooks....
March 20, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...Named after a father and son duo who began running the company in 2001, Shimao had outlined a restructuring proposal in late March that included short-term and long-term notes, as well as convertible bonds...
April 8, 2024
Donald Trump
Trump unlocks potential $3bn windfall after social media Spac deal
...He could also seek approval from the merged company’s board, which is set to include his son Donald Trump Jr as well as several officials who served in his administration, to start selling his stake immediately...
March 22, 2024
Due Diligence
SoftBank’s real life problems in 2024 Premium content
...It isn’t all trouble for Son, though....
January 9, 2024
Photo essay
Rupert Murdoch retires
...Rupert Murdoch steps down as chair of Fox and News Corp...
September 21, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Football
Police raid AC Milan headquarters in probe over sale of football club
...Gordon Singer, son of Paul, continues to sit on the board of AC Milan....
March 12, 2024
Rupert Murdoch
Rupert Murdoch steps down as chair of Fox and News Corp
...Lachlan Murdoch, his elder son, will become sole chair of News Corp and continue as executive chair and chief executive of Fox, from mid-November....
September 21, 2023
News updates from September 21: Rupert Murdoch to step down as Fox chair, BoE holds interest rates
Rupert Murdoch stepping down as chair of Fox and News Corp
...Lachlan Murdoch, his eldest son, will become sole chair of News Corp and continue as executive chair and chief executive of Fox, from mid-November....
September 21, 2023
SoftBank Group Corp
How SoftBank’s bet on US mortgage lender Better backfired
...The investment followed months of talks between Better and SoftBank’s Vision Fund, led by Rajeev Misra, a top lieutenant of the Japanese group’s founder and chief executive Masayoshi Son, according to people...
December 21, 2023
Masayoshi Son
Masayoshi Son is back and it’s beautiful
...You know what this means: SoftBank is BACK, and so is the Son presentation! At the firm’s annual shareholder meeting Wednesday, Son starts with the Big Questions, including “What is Mankind?”...
June 21, 2023
Softbank Vision Fund
SoftBank’s Gen Z social media bust: was IRL the next Facebook or a fraud?
...(People close to the company said they had no recollection of Son saying this, and Son may have made the comment in jest.) But problems were apparent from the start, some former employees said....
January 3, 2024
FirstFT
FirstFT: Rupert Murdoch marks end of an era and hands over reins to son Lachlan
...Rupert Murdoch’s decision to relinquish control of Fox and News Corp and make his elder son Lachlan the sole chair marks the end of an era for the powerful media billionaire....
September 22, 2023
Airlines
US airlines under fire for raising baggage fees again
...Aspell, whose son works at an airline, can fly for free on that carrier....
March 10, 2024
News Corp
News Corp break-up would unlock $7bn in value, says activist Starboard
...Murdoch, 92, last month stepped down from his role as co-chair of News Corp, relinquishing power to his son Lachlan....
October 17, 2023
SoftBank Group Corp
SoftBank posts unexpected $6.2bn loss after WeWork bankruptcy
...The second-quarter loss comes as Son hunts for deals in artificial intelligence, fuelled by an expanded war chest following the initial public offering of UK chip designer Arm....
November 9, 2023

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