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It was a fresh reminder of the volatility inherent in founder Masayoshi Son's strategy of betting big on often risky start-ups. WeWork sought US bankruptcy protection on Monday, cementing the remarkable fall of a start-up that had once been valued at $47 billion.
The former CEO could leave with a last slug of money, a knock-on effect of the generous terms big investors lavished on tech company founders
SoftBank ready for big ticket investments whenever there's an opportunity, says management
SoftBank's loss marks its fourth straight quarter in the red as the tech giant struggles amid a weak yen.
Japan-based investment company now heading to towards profitability as the worst is over, says CFO Yoshimitsu Goto