Masayoshi Son 'ashamed' of focus on profits after SoftBank logs record $23bn loss - Financial Times

Conglomerate will begin ‘dramatic’ cost-cutting after flagship Vision Funds hit by tech rout and weak yen

Huge losses at SoftBanks flagship Vision Funds will force the company to begin dramatic cost-cutting after plunging technology valuations and a weak yen drove Masayoshi Sons embattled conglomerate in… [+3895 chars]

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