SoftBank loses $26 billion on technology investments amid sell-off

Tokyo — SoftBank Group corp. 9984 -8.03% On Thursday, it announced a massive $26.2 billion loss in its large portfolio of technology companies in the first three months of the year, as the company posted a record annual loss for the second time in three years. “The world is in a chaotic situation,” CEO Masayoshi … Read more

SoftBank loses $26 billion on technology investments amid sell-off

Tokyo — SoftBank Group corp. 9984 -8.03% On Tuesday, it announced a massive $26.2 billion loss in its large portfolio of technology companies in the first three months of the year, as the company posted a record annual loss for the second time in three years. “The world is in a chaotic situation,” CEO Masayoshi … Read more

SoftBank loses $26 billion on technology investments amid sell-off

Tokyo — SoftBank Group corp. 9984 -8.03% On Tuesday, it announced a massive $26.2 billion loss in its large portfolio of technology companies in the first three months of the year, as the company posted a record annual loss for the second time in three years. “The world is in a chaotic situation,” CEO Masayoshi … Read more