Por: ABC News Business August 08, 2023
TOKYO -- Japanese technology company SoftBank Group Corp. continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn.But SoftBank’s April-June red ink, at 477.6 billion yen ($3.4 billion), was smaller than a year ago, when losses totaled 3.16 trillion yen ($22 billion), the Tokyo-based company said Tuesday.Losses came from what SoftBank calls its Vision Funds, as well as from other... + full article
ABC News USA Tech August 08, 2023
TOKYO -- Japanese technology company SoftBank Group Corp. continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn.But SoftBank’s April-June red ink, at 477.6 billion yen ($3.4 billion), was smaller than a year ago, when... + más
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SoftBank’s billionaire CEO Masayoshi Son admitted he “had a big cry” after soul-searching last year — because he realized that he would never be able to live out his dream to become an architect. “I had a big cry. The tears didn’t stop for days,” the Japanese tech... + más
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The tech startup bubble inflated with a big assist from Japanese investor SoftBank Group, which poured more than $100 billion into the market. Now that the air has come out of the bubble, some prominent local startups that got backing from SoftBank are struggling.Pear... + más
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The Advocate USA Entertainment February 19, 2023
Le Krewe du Roi celebrated the food and fun of Louisiana with a theme of “Roi Fest: The Bounty of Louisiana” for its 58th annual Mardi Gras Ball Saturday at the Carl F. Grant Civic Center, Plaquemine.The tableau began with the presentation of the 2023 ball captains, Corey... + más
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SoftBank, like many other funds, hasn't had the best 2022. Getty Images It has been a tough year for Japan’s SoftBank and its CEO Masayoshi Son. Neither the company nor Son is weathering the global tech slump and general rising investor skepticism towards growth-first,... + más
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