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Technology / AI and automation

SOFTBANK LOSES GROUND ON TOKOYO STOCK EXCHANGE

There was a hard landing on Japanese stock markets for shares in controversial Softbank, the multimedia group, as twitchy investors looked for safer haven for their money. Softbank shares are now at 75% off its high in May. Worries center on the fact that Masayoshi Son, Softbank’s founder, is using shares in the company as collateral for loans to MAC, his private holding company.

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CBR Staff Writer

CBR Online legacy content.