SoftBank Group said it would buy back up to 1 trillion yen ($8.8 billion) of its own shares within the next 12 months. The Japanese investment giant announced the buyback plans as it reported a quarterly net loss due to sharp declines in its shareholdings in Chinese ride-hailing giant Didi Global and South Korean e-commerce firm Coupang. The company said it would buy back as many as 250...
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‘Winner-Take-Most’: Anthony Noto’s Ambitions for SoFi Take Shape
Anthony Noto has long had a knack for grabbing attention. When he was a top executive at Twitter, Noto struck a deal with the NFL to air Thursday night games, thrusting the social media service into the streaming market, to the surprise of even many Twitter employees, according to people who worked there at the time. More recently, SoFi Technologies, the financial services company Noto leads as...
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