After SoftBank reported its first quarterly loss in 14 years on Wednesday, CEO Masayoshi Son told investors that there may be more failures in the Vision Fund.
After Softbank reported its first quarterly loss in 14 years on Wednesday, CEO Masayoshi Son told investors that there may be more failures in the Vision Fund.SoftBank recorded losses on its WeWork and Uber investments.
SoftBank will make "no investment for the purpose of rescue," Son told investors on Wednesday, after the Japanese conglomerate reported itsin 14 years. He said portfolio companies must be "self-financing," and "that's something that I would like to clearly extend my message to you."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
'We created a monster,' SoftBank CEO Masayoshi Son reportedly said of WeWorkSoftBank is expected on Wednesday to impose stricter governance standards for dual-class structures after the WeWork troubles, the Financial Times said.
Consulte Mais informação »
'I shut my eyes,' SoftBank CEO Masayoshi Son says after losing more than $4.7 billion on WeWorkSoftBank on Wednesday said it slashed WeWork's valuation to just $7.8 billion, a fraction of its $47 billion valuation in January.
Consulte Mais informação »
Parfums Christian Dior Names New CEOMartinez had headed up the LVMH-owned brand for the past 19 years. 🔐
Consulte Mais informação »
Pioneer Natural CEO calls out shale industry for Permian Basin gas flaringThe chief executive of Pioneer Natural Resources , Scott Sheffield, on Tuesday c...
Consulte Mais informação »
Breakingviews - McDonald’s CEO ouster sends clear #MeToo message(Reuters Breakingviews) - McDonald’s is sticking to a basic formula. The $144 bi...
Consulte Mais informação »