SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet - CNBC

SoftBank Founder Masayoshi Son said the company would be more "conservative when it comes to the pace of new investments" as it goes into a "defense" position.

SoftBank on Thursday reported a record loss at its Vision Fund investment unit, as technology stocks have been hammered by rising interest rates and Beijing's regulatory crackdown has hurt its China … [+2192 chars]

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