Tag: SoftBank

Business

After $10 bln vision fund misfortune, Blizzard hit SoftBank dispatches buyback

Japan’s SoftBank Group on Monday endured its first quarterly total deficit in quite a while as a China tech crackdown and other venture misfortunes hit its Vision Fund portfolio. The telecoms firm-turned-venture goliath additionally declared an offer buyback worth one trillion yen ($8.8 billion), supposedly under tension from investors baffled by its sinking stock cost. […]