Masayoshi
Masayoshi Son Now Owes SoftBank $4.7 Billion on Side Deals
(Bloomberg) — Masayoshi Son is now personally on the hook for about $4.7 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, after mounting losses in the company’s tech portfolio wiped out the value of his interest in the second Vision Fund. Most Read from Bloomberg Over the years, …
Jesus Christ was also misunderstood, Masayoshi Son tells investors
Masayoshi Son compared himself to Jesus Christ while defending his investment strategy, after disclosing that SoftBank had run up a record $13bn annual loss on Monday. The 62-year-old founder and chief executive of the Japanese technology conglomerate has vowed that his $100bn Vision Fund will tackle “the biggest challenges and risks facing humanity today”. As …
Japan ‘underdeveloped’ in use of AI technology, says SoftBank’s Masayoshi Son
SoftBank Group Corp. Chairman and CEO Masayoshi Son said Thursday that Japan has become an “underdeveloped” country in the use of artificial intelligence in businesses, lagging behind China, India and Southeast Asian countries that have fast-growing technology companies. “Japan once was a leader in technology but has become an underdeveloped country in AI. It is …
