SoftBank reports a loss of $6.5B, its first quarterly operating loss in 14 years, and a loss of $8.9B in the Vision Fund, including a charge of $4.6B for WeWork (Pavel Alpeyev/Bloomberg)

Pavel Alpeyev / Bloomberg:
SoftBank reports a loss of $6.5B, its first quarterly operating loss in 14 years, and a loss of $8.9B in the Vision Fund, including a charge of $4.6B for WeWork  —  SoftBank Group Corp. reported its first quarterly operating loss in 14 years after writing down the value of some of its marquee investments …

from Techmeme https://ift.tt/34s1CZ4