Silver as an investment

Category Archives: SoftBank Group

Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is still facing multiple lawsuits […]

Frontrunning: November 28

Traders await Powell hearing; Brexit doubts grip pound (Reuters) Fed nominee Powell, once hawkish, now champions Yellen’s focus on jobs (Reuters) Tax drama intensifies as bill faces key vote (Reuters) Trump Appointee Asserts Control Over CFPB for Now (WSJ) Senate Bill in Limbo Amid Budget Panel Drama (BBG) Tough OPEC meeting looms amid specter of […]

Uber – Suddenly, Then All At Once

Authored by Mark St.Cyr, From the article “Is This Uber’s ‘Theranos Moment?'” To wit: “Now, much like Ms. Holmes, the founder and CEO had to quit, or resign, to appease those calling for change.   And, much like the previous example – those closest, and who should be the greatest ally for change and stay […]

Frontrunning: May 12

World stocks ease off record highs, Fed rate hopes boost dollar (Reuters) Trump Escalates FBI Fight With Comey Attack. The FBI Fights Back (BBG) Trump attacks on fired FBI chief meet resistance (Reuters) China Stocks Are Tumbling Again. This Time, the World Doesn’t Care (BBG) Yuan Becomes Oasis of Calm in China’s Volatile Markets (WSJ) […]

NBC Reporter “Fact Checks” Trump’s Job Creation Claims and Destroys You in the Process

Jane Timm from NBC was working very diligently today, on National Women’s Day of all days, in order to set the record straight for you Trumpsters out there who believe that he’s done anything at all on the jobs front (note: ADP said 298k new jobs were created in America for the month of February, […]

SoftBank Vision Fund Reaches $100BN As Apple, Oracle and Qualcomm Make Investments

Back in October, Masayoshi Son, Chairman & CEO of SoftBank Group Corp., announced the creation of the SoftBank Vision Fund, a UK-based technology fund, with a $45 billion capital commitment form the Public Investment Fund of the Kingdom of Saudi Arabia.  The initial press release for the Vision Fund announced the company expected to invest […]