SoftBank CEO Masayoshi Son said he has $80 billion in cash for investments and stock buybacks, Bloomberg reported. Son’s comments came during the New York Times Dealbook conference. Son said that if SoftBank shares drop, he would buy back more aggressively. SoftBank in recent months has sold off some assets to shore up its balance sheet after the stock market plunge triggered by the...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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