news.bloomberglaw.com/tech-and-telecom-law/softbank-says-unaware-of-sec-probe-into-securities-trading On Wednesday, short seller research site PlainSite posted a letter from the Securities and Exchange Commission on Twitter revealing that the agency is investigating SoftBank, the Japanese telecommunications company
Billionaire Masayoshi Son reportedly made a massive bet on bitcoin near the peak of the digital currency’s frenze in 2017. The founder of Japanese conglomerate SoftBank personally lost over $130 million when
www.economist.com/business/2018/12/22/masayoshi-son-floats-part-of-softbank-to-help-pay-for-his-huge-tech-bets Mention Softbank and most Japanese people, understandably, think of telecoms—it is Japan’s third-largest wireless carrier. The company hopes to weaken that association. SoftBank is listing its telecoms arm; shares
archive.is/YPSte Interesting read here from WSJ. What this could mean is the future google, facebooks, or amazons of the world never go public because they can always get the funding
Latest Driverless Electric Radio… h/t Matrix
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Two often-cited suspects are axed. So where’s the “secured” funding supposed to come from? The whole scheme kicked off when Tesla CEO Elon Musk tweeted during trading