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.
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.