Latest Masayoshi Son News

China tightens political control of internet giants

Oct. 03, 2021 06:20 AM EDT

BEIJING (AP) — The ruling Communist Party is tightening political control over China’s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology. Anti-monopoly and data security crackdowns starting in late...

SoftBank profit declines following Sprint perk a year ago

Aug. 10, 2021 04:54 AM EDT

TOKYO (AP) — Japanese technology company SoftBank’s fiscal first quarter earnings dropped 39% because of the absence of the cash benefit from the merger of Sprint, which boosted its profits a year ago. Tokyo-based SoftBank Group Corp. reported a 761.5 billion yen...