Thursday, April 30, 2020

SoftBank sees $8.4 billion net loss on WeWork writedown

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen.


from Reuters: Technology News https://ift.tt/3f6fr5k

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

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