Softbank’s Son hopes ‘winged unicorns’ can save crumbling tech empire


TOKYO (Reuters) – SoftBank Group Corp CEO Masayoshi Son on Monday pinned his hopes on a small group of “winged unicorns” to save the performance of his $100 billion Vision Fund – although he gave few clues on which ones they would be.

FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo

Announcing a record annual loss for his tech conglomerate, and an $18 billion shortfall at the Saudi-backed Vision Fund, Son told an earnings presentation on Monday that tech

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