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© (c) Copyright Thomson Reuters 2019.
SoftBank picking its battles with U.S. national security committee
By Heather Somerville SAN FRANCISCO©2024 GPlusMedia Inc.
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Chip Star
"We would not accept this if we were in the business of running companies," Claure said of the concessions. "We're not. We are in the business of investing."
When the US slaps, it slaps hard. SoftBank is positioning itself to become a defense contractor.
JJ Jetplane
SoftBank owns sprint.
They have $10B invested in Uber.
$3B invested in GM.
$1B invested in a US freight company.
They have $5B invested in US tech company NVIDIA
and around $50B invested in other numerous ventures within the US.
Softbank is becoming a monster. It makes sense why the US is wary of SoftBank
gogogo
Wow Uber straight up scammed that money from SoftBank.
madmanmunt
it's all about 5G. national security, industry 4.0, data driven automation. build up Chinese safeguards (very hard).
Japan is all in.
This article's tone could be changed to "US Initiates SB"
Welcome to the club. Though I wonder about the Washington Lobbyist... sounds like a cool job, TBH.