SoftBank virtually halts new funding as it contends with persistent losses

SoftBank Group’s investment vehicles posted a loss of nearly $6 billion in the quarter that ended in December as the Japanese tech investor continues to bleed through the market downturn and significantly pares back new backings. This is the fourth straight quarter in which SoftBank Group has lost money, prompting many to challenge the fundamental […]

SoftBank virtually halts new funding as it contends with persistent losses by Manish Singh originally published on TechCrunch