Softbank COO Arora steps down

(Telecompaper) SoftBank announced the departure of its COO and President Nikesh Arora from 01 July. Arora joined Softbank from Google in September 2014 and helped lead the reorgnisation of the group's domestic and international activities and manage its large portfolio of internet investments. He was expected to take over eventually from Softbank founder and CEO Masayoshi Son. Son said in a statement that he had planned to hand the reins to Arora after his 60th birthday but has now decided that