Softbank invests in Toysrus.com

Softbank Corp. has agreed to invest $57 million in Toys R Us Inc.'s (NYSE: TOY) Toysrus.com division. Softbank is major investor in Ziff-Davis Inc. Toys R Us intially formed the online unit as part of a partnership with Benchmark Capital, but the venture capital firm later walked away from the deal. -- Margaret Kane, ZDNet News