Home Top Global News Softbank profit plummets 99% on Vision Fund losses

Softbank profit plummets 99% on Vision Fund losses

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Softbank reported an operating income of $23.6 million for the quarter, a plunge of 99% from a year ago. The company cited $2 billion in losses in its Vision Fund and reported this and a related fund as the biggest driver in the disappointing results. Yahoo F…
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