The Asahi Shimbun via Getty Images Bank/' title='Softbank News'>Softbank took a $6.5 billion loss on investments in Uber and WeWork this quarter, and it deserves to lose more. It deserves it not because these are simply bad investments, but because SoftBank approaches investing from a bad thesis. Its aim is to create monopolies. SoftBank's strategy is to pour so much money into a company that it leaves competitors in the dust and consumers with no choice. Then the compa...

BusinessInsider (Date:11/10/2019 14:25) Read full article >>

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Mike Pompeo: Michael Richard Pompeo is an American politician who has been the U.S. Representative for Kansas's 4th congressional district since 2011. He is a member of the Republican Party. He has also served as a Kansas representative on the Republican National Committee.
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Porsche PhotoPorsche: Porsche Automobil Holding SE, usually shortened to Porsche ), is a German holding company with investments in the automotive industry.
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Softbank PhotoSoftbank: SoftBank Corp. is a Japanese telecommunications and Internet corporation, with operations in broadband, fixed-line telecommunications, e-Commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses.
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