BUSINESS

SoftBank's Big Bets Are Hit Hard by Coronavirus

Business, Rolfe Winkler & Phred Dvorak, Published on 18/05/2020

» The world's biggest tech fund was risky from the start, quickly pouring about $80 billion into cash-burning startups at high prices. A less-noticed part of SoftBank Group Corp.'s strategy has deepened the fund's losses and will likely weigh on any recovery.