Monday, April 13, 2020

SoftBank’s Troubles Deepen With Warning of $16.7 Billion Writedown

Source: https://www.nytimes.com/2020/04/13/technology/softbank-167-billion-writedown.html
April 14, 2020 at 01:14AM

The Japanese conglomerate, which bet big on tech start-ups with its $100 billion Vision Fund, also expects its first annual loss in 15 years.

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