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After a bruising year, SoftBank braces for more pain

After a bruising year, SoftBank braces for more pain

A year ago, at the height of the pandemic boom in all things digital, Son Masayoshi embodied the futuristic promise of global techdom. The flamboyant founder of SoftBank Group, a telecoms-and-software firm turned investment powerhouse, reported the highest ever annual profit for a Japanese company, driven by soaring valuations of the public and private technology darlings in its vast portfolio.

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