SoftBank CEO Masayoshi Son draws sparse audience at Saudi Arabia's 'Davos in the desert' after WeWork controversy
Almost no one attended a panel that included Masayoshi Son, CEO of SoftBank Corp, at Saudi Arabia's Future Investment Initiative conference Wednesday,Son's chilly reception at the conference likely reflects declining interest in the second iteration of SoftBank's Vision Fund.
The first Vision Fund has run into trouble in 2019 as top investments WeWork and Uber have struggled. It's a stark difference from Son's reception at the conference two years ago, according to Bloomberg. A panel including Masayoshi Son, the CEO of SoftBank, drew almost no attendees at Saudi Arabia's Future Investment Initiative, dubbed "Davos in the desert," according toSon's chilly reception at the conference likely reflects declining interest in the second iteration of SoftBank's Vision Fund.
The first Vision Fund reportedly lost as much as $600 million due to Uber's struggling stock performance,
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Commentary: Why the Desert X art festival deal with Saudi Arabia is morally corruptIt started as a promising California art biennial. It's now a partnership with a government linked to human rights abuses and the killing of a journalist.
Lire la suite »
WWE To Hold First Ever Women’s Wrestling Match In Saudi ArabiaThe WWE is to hold its first ever women’s wrestling match in Saudi Arabia. The wrestling federation is to host a fight between WWE Superstars Natalya and Lacey Evans at pay-per-view event Crown Jew…
Lire la suite »
WWE Announces First Womens Wrestling Match In Saudi ArabiaHuge news from Saudi Arabia ...
Lire la suite »
Dreams of jobs in Saudi Arabia dashed by torture in YemenRAS AL-ARA, Yemen (AP) — Zahra struggled in the blue waters of the Gulf of Aden, grasping for the hands of fellow migrants. Hundreds of men, women and teenagers clambered out of a boat and through...
Lire la suite »
Right-wing Brazil president blasts critics in Saudi speechBrazil's president launched a fiery defense of his far-right government Wednesday, blasting international criticism of his handling of blazes in the Amazon this summer that drew worldwide attention over global warming fears.
Lire la suite »
AP Exclusive: Middleman helped Saudi give to Obama inauguralWhen President Barack Obama was reelected in 2012, a Saudi tycoon and his business associate sent hundreds of thousands of dollars to the U.S. to help pay for the inaugural celebration and get a...
Lire la suite »