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Monday, 7 August2023

SoftBank Aims to Recover After Vision Fund Losses with Potential Profit

SoftBank Aims to Recover After Vision Fund Losses with Potential Profit

Despite significant losses of $48 billion from its Vision Fund, SoftBank is optimistic about turning a profit. The company is looking to bolster its financial position through strategic investments and portfolio management. SoftBank's emphasis on technology, innovation, and diversification aims to offset its previous setbacks and position the company for future profitability in the tech and investment landscape.

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