Bloomberg SoftBank Group Corp. and Saudi Arabia formally announced the first round of capital commitments for the largest- ever technology investment fund, as founder Masayoshi Son seeks to accelerate his financing of cutting-edge technologies and startups. More than $93 billion has been secured from backers led by the Japanese company and Saudi Arabia’s Public Investment Fund, SoftBank said in a ...

Bloomberg Broadcom Ltd. and a group led by KKR & Co. are emerging as the two leading bidders for Toshiba Corp.’s semiconductor unit for second-round offers, according to people familiar with the matter. Broadcom, based in San Jose, California, is offering about 2.2 trillion yen ($20 billion) and would face simpler regulatory reviews than some rivals, said one of the ...

Bloomberg Samsung Electronics Co.’s security guards once dragged a bespectacled professor out of the building after he heckled the chief executive officer for not doing anything when the chairman was accused of making illegal political donations. Thirteen years later, the professor — Kim Sang-jo — has the backing of South Korea’s new leader to hold the biggest conglomerates accountable in ...