Friday, 24 March, 2023
SoftBank to reduce IT investments amid broader market downturn: Report
<p>SoftBank's founder, Masayoshi Son, recently advised the company's top leaders to take it easy on technology investments due to stock market fall. This is significant since SoftBank's Vision Fund is one of the world's largest and most powerful tech investors. Son's remark also points to a broader fall in technology company valuations, both in private and public markets and the Japanese investor is pushing for cash and reviewing assets that could be liquidated.</p>
Read full story at Economic Times
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