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Sask Métis News – SoftBank’s $4 Billion Tech Option Gambit Feels Like Déjà Vu – The Wall Street Journal


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Sask Métis News – SoftBank’s $4 Billion Tech Option Gambit Feels Like Déjà Vu – The Wall Street Journal

A company famous for its extravagant vision of the far-off future—which, according to its website, predicts humans will live to 200 and may coexist with “kind and intelligent robots”—is rightfully being punished for dabbling in stock speculation here and now. Shares in Japan’s SoftBank Group have dropped 8% this week, erasing $8.7 billion from its…

Sask Métis News – SoftBank’s $4 Billion Tech Option Gambit Feels Like Déjà Vu – The Wall Street Journal

Sask Métis News –

A company notorious for its extravagant imaginative and prescient of the some distance-off future—which, in accordance to its web dwelling, predicts humans will are living to 200 and can coexist with “kind and sharp robots”—is rightfully being punished for dabbling in inventory speculation right here and now.

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Shares in Japan’s SoftBank Neighborhood possess dropped 8% this week, erasing $8.7 billion from its market rate, as investors fretted about the corporate’s newly printed wide selection bets. The Wall Road Journal reported Friday that the Eastern expertise conglomerate has spent…

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