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SoftBank pours billions into Big Tech, amasses $1.2bn in Amazon

Investment powerhouse changes tack after being burned by unicorns

SoftBank boss Masayoshi Son last week announced a new subsidiary for investing in public equities.   © Reuters

NEW YORK -- SoftBank Group is on another investment spree -- but this time it is buying into America's Big Tech establishment rather than chasing highly valued startups in a bid to appease investors with immediate returns

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