SoftBank books $1.3 billion loss from tech stock speculation

Japan's SoftBank Group Corp on Monday reported a 131.7 billion yen ($1.27 billion) loss from speculation on technology stocks after an attempt to diversify using its massive cash pile backfired.

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Japan's SoftBank Group Corp on Monday reported a 131.7 billion yen ($1.27 billion) loss from speculation on technology stocks after an attempt to diversify using its massive cash pile backfired.