SoftBank to shift its stance to 'offence mode', says CEO Son

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

TOKYO : SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to 'offence mode'. 'The time has come to shift to offence mode,' Son told shareholders at the group's annual general meeting. The group has moved to a defensive stance, cutting

TOKYO : SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to"offence mode".

"The time has come to shift to offence mode," Son told shareholders at the group's annual general meeting. The group has moved to a defensive stance, cutting back its investing activity and moving to bolster its finances, as it books heavy losses at its Vision Fund investing arm.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SoftBank's Son says he is 'heavy user' of ChatGPTTOKYO :SoftBank Group Corp's Chief Executive Masayoshi Son said on Tuesday he is a 'heavy user' of ChatGPT, the chatbot from Microsoft Corp backed startup OpenAI.Son said he is speaking 'almost every day' to OpenAI CEO Sam Altman, who has visited Tokyo twice in recent months as he looks to capitalise on inter
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO:Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, willsucceed Daniel Zhang as Chief Executive Officer, in its biggest executive reshuffle since its restructuring. Zhang will shift to fully focus on the cloud intelligence group, the company said. Zhang has s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEOAlibaba Group Holding said on Tuesday (Jun 20) that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in its biggest executive reshuffle since its restructuring. Zhang will shift to fully focus on the cloud intelligence group, the company said.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Mother allegedly tells son not to apologise after accident at sushi restaurantOne family’s lunch at Ichiban Boshi on Sunday (June 18) left a sour taste in their mouths after a confrontation with another family at a neighbouring table. Facebook user Bob Chan
Source: thenewpaper - 🏆 7. / 63 Read more »

Pakistan businessman Dawood and son aboard missing Titanic subMr Shahzada’s father Hussain Dawood is regularly listed among Pakistan’s richest men. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Biden's son Hunter Biden agrees to plead guilty on 2 income tax charges: Court documentsHunter Biden, 53, for years has been the focus of unrelenting attacks by Trump and his Republican allies. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »