Son's tech bets to cost Softbank first quarterly loss in 14 years?

SoftBank Group Corp and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly results, hit by hefty falls in the valuation of some of its biggest tech bets. SoftBank has come under renewed investor scrutiny after it was forced to bail out one of its best known portfolio companies - the cash-burning, office-sharing firm WeWork - for $10 billion (£7.

8 billion). That has deepened concern about Son's strategy of pouring billions of dollars into unproven,.

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