Technology M&A

How SoftBank’s Masayoshi Son struggled with his crystal ball purchase

Four years ago, SoftBank founder Masayoshi Son bought UK chip designer Arm Holdings for $32bn, saying it would be a crystal ball when it came to making tech investments. Mr Son also convinced backers to pour billions of dollars into a $100bn fund, focused on start-ups. But in both cases, things haven’t turned out quite as he would have hoped.

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