After a bruising year, SoftBank braces for more pain
The Japanese investment group is global tech in a nutshell
A year ago, at the height of the pandemic boom in all things digital, Son Masayoshi embodied the futuristic promise of global techdom. The flamboyant founder of SoftBank Group, a telecoms-and-software firm turned investment powerhouse, reported the highest ever annual profit for a Japanese company, driven by soaring valuations of the public and private technology darlings in its vast portfolio.
This article appeared in the Business section of the print edition under the headline “Hard landing”
Business May 21st 2022
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- SPACs raised billions. As mergers dry up, we follow the money
- Shares in America’s big retailers swoon
- Making brainstorming better
- Why America’s clean-energy industry is stuck
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