SoftBank Group said it plans to sell up to 4.5 trillion yen ($41 billion) of its assets over the next four quarters. Using that money, the tech investment giant plans to buy back as much as 2 trillion yen worth of its own shares and reduce its debt. SoftBank’s Tokyo-listed stock jumped 19% Monday on the share buyback plans. SoftBank didn’t say which assets it plans to sell to raise the money....
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Are Reporters Too Negative? Well, It Depends
These days, when I ask sources in Silicon Valley what I should write about, I get some version of: “The big story is really how great everything is going.”At that I roll my eyes. As a journalist, I’m wired to believe that the hype isn’t always as it appears. But lately I’ve been thinking more about the negative consequences of—well, being so negative. Because it’s also true that these...
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