Japanese billionaire Masayoshi Son's SoftBank posts $7 billion second-quarter loss
Billionaires Africa | 11.11.2026 03:03
SoftBank Group Corp., the Tokyo-based technology investor controlled by billionaire Masayoshi Son, swung to a net loss of ¥1.12 trillion ($7.1 billion) in its fiscal second quarter, dragged down by a $3.7 billion charge on power equipment it had ordered for U.S. artificial intelligence data centers.
