Bloomberg SoftBank Group International Chief Financial Officer Alok Sama will step down from his post, according to an internal memo seen by Bloomberg News. He will remain a senior adviser at the company, according to the memo, which didn’t provide a reason for his departure. Sama led the execution teams for the $59 billion merger of Sprint and T-Mobile and ...

Bloomberg Japan’s rapidly-aging society will see a quarter of its breadwinners turn 75 or older by 2040, the Nikkei reported, citing a study from the National Institute of Population and Social Security Research. The number of people living alone who are 75 or older will top 5 million.

Bloomberg Some test models of Samsung Electronics Co’s new foldable phone suffered defects after only days of use, casting a shadow over next week’s introduction of a $1,980 device meant to rejuvenate a flagging market and showcase the Asian company’s technology expertise. Several publications, including Bloomberg News, outlined a bevy of problems with test versions of the device, which folds ...