Trump announces SoftBank will make $100 billion investment in the US

KSA next

Mr.Massa is so tiny guy , like Danny De Vito but with unlimited cash!

Trump looks very exhausted. I think he needs to rest.
I want to wish our president all the best so he can serve this nation

200 billion dollars is 200,000 millions 😱

Amazing Leaders! Trump not even seated yet he is doing already so much!

I want to know how to invest in SoftBank, these are the kind of allies that America needs. Trump brings synergy, 2+2=7. So much better than the biden economic theorist Janet Yellen with zero business experience who at a (Fake should have been 20) 9% July inflation rate said that it would be 2% for the year. If you received your economic degree from the same place Yellen did LIE, it makes you look dumber. Like the yellen inflation math, well let's not count insurance and housing those are options that people do not require.

Crazy to think of how cool we are with Japan now vs in WWII. Goes to show you countries who even been at the brink of death and war can get along

God bless America and God bless President Trump 🇺🇸 🙏

Too late disney

Selling American one piece at a time. Enjoy the tax cuts.

this is comedy

How can you hate this man he is that guy and no one can stop him.

Fair play to trump for bringing in investment and jobs to America but it will only make a difference for a while sooner or later Zionists will destabilise things again

I'd like to see Biden try and string two words together 😂😂😂😂😂

Nothing trump has ever promised except a massive tax cut for the uber wealthy has happened. This is another grift by trump and his shills which masquerade as helping the common man while stripping every last dollar from his piggy bank.

SoftBank couldn’t run a simple company like Sprint

He did this same thing in his first term and NOTHING came from it.

Yeah, coz all we need are more billionaires to make more billions.

Truly seems like America is becoming more of an Oligarchy possibly than ever.

Japanese investment: no problem, No national security concerns
CHINESE investment: spy alert !

Who attacked Pearl Harbor?

Liberals at this point are like the husband that got cheated on for the 100th time but get mad at their friend for telling them to leave.

Trump is the firm leader that this world needs. Japan is a staunch US ally and this partnership will make America stronger in countering the threat from China and communism.

TRUMP!! 🤣🤣🤣

My suspicion is that has something to do with Softbank (Also an AI developer) wanting to work in a more cooperative way with Musks outfit, to expedite AI advancement. Likely to ensure something like AGI is developed in the Western World before China.

Sellin the country to Japan perfect

walking zombie to Trump is the biggest upgrade of all time

So he hires Americans to develop and manufacture and Japan owns the intellectual rights and gets the profits. No thank you.

Trompas will mess it up a d profits Will end up in Elon Musk account. While he is working on reducing benefits

ABC you are better help help Trump and not bias! too best this is the first time I watch them after many year .

Thank you Mr. Trump because the truth is that we can use these jobs. I personally could use the work. Its a dire situation here with jobs....

He's bringing jobs back

The Greatest Technology Investor Masayoshi Son with the Greatest President in US history President Donald Trump. What a team!!!

Razor thin win, Trumpty Dumpty. You do NOT have America. Just your small piece of it. Which is 25% of the TOTAL electorate when you include those that didn't even bother to vote at all. Razor thin. By a nose. Run Harris again. She has 75,000,000 votes baked in on a run of a handful of months as a candidate. Now, she can fight you for 4 years within the social fabric of our nation. She got to 75,000,000 votes literally in a handful of months and she's the first person in American history to EVER have that much support THAT fast.

Trump 77,266,856 votes (49.9%)
Harris 74,981,321 votes (48.4%)

So he is supporting a Chinese company?

Good Job America you worship a money loving man instead of God. You watch your country fall apart and you do nothing to make it great again. Idolizing a man who has made merchandise out of his name, but he is righteous in your eyes.
Matthew 15
14 Let them alone: they be blind leaders of the blind. And if the blind lead the blind, both shall fall into the ditch.

Better to do business with Japanese than Chinese.

That’s really great. So many jobs coming to our economy!

The adults are back in charge!!!

SoftBank, as one of the world's largest and most high-profile investment firms, has been involved in several controversies, scandals, and legal issues over the years. Below are some of the notable ones:

1. The WeWork Debacle (2019)

Overview: One of the biggest controversies for SoftBank was its involvement in WeWork, the co-working space startup. SoftBank had heavily invested in WeWork, but things went awry when WeWork's IPO attempt in 2019 collapsed amid questions over its business model, valuation, and the leadership of its co-founder, Adam Neumann.

Scandal: Neumann was criticized for his eccentric management style, potential conflicts of interest, and questionable financial practices. SoftBank had agreed to a $3 billion buyout offer to take control of WeWork, but when the IPO failed, SoftBank walked back on some of its promises, leading to lawsuits from WeWork's shareholders and Neumann himself.

Outcome: The scandal severely damaged SoftBank's reputation, and it faced multiple lawsuits from WeWork investors. SoftBank was also forced to write down billions of dollars in WeWork's valuation, a significant hit to its Vision Fund, which had invested heavily in the company.


2. The Vision Fund's Losses and Write-Downs

Overview: SoftBank's Vision Fund (a $100 billion fund aimed at investing in technology companies) has been a major part of its strategy, but it has faced significant losses, especially during the COVID-19 pandemic and its aftermath.

Controversy: Many of the Vision Fund's investments in startups like WeWork, Uber, Slack, and Oyo have faced challenges. In 2020, the Vision Fund reported a loss of $17.7 billion, raising concerns about SoftBank's risk management and the long-term viability of its investment model.

Outcome: The fund's poor performance led to accusations of reckless investment strategies and a lack of due diligence. This prompted some investors to question whether SoftBank's aggressive approach to investing was sustainable.


3. Financial Manipulation Allegations (2000s)

Overview: In the late 1990s and early 2000s, SoftBank faced some financial scrutiny over its accounting practices. These allegations were linked to the company’s rapid expansion during the dot-com boom and the subsequent bursting of the bubble.

Controversy: Some analysts raised concerns about aggressive accounting techniques used to inflate revenues, and SoftBank had to face legal challenges over these practices. There were questions about how SoftBank accounted for its investment stakes and how it valued its subsidiaries and assets.

Outcome: While there were no significant legal penalties, SoftBank was forced to adjust its financial reporting, and the company became more transparent in subsequent years. However, the controversy damaged its reputation in some investor circles.


4. Legal Troubles in the U.S. (2019)

Overview: In 2019, SoftBank was sued by Shareholders of Sprint, which was one of its major investments. Sprint alleged that SoftBank had breached fiduciary duties in its acquisition of the company.

Controversy: SoftBank had taken Sprint private and subsequently merged it with T-Mobile, which led to claims of unfair treatment and violation of fiduciary duties to Sprint's minority shareholders.

Outcome: The lawsuit was eventually settled in 2021 for an undisclosed amount, and SoftBank continued its involvement in Sprint's transition into T-Mobile.


5. The ARM Acquisition Controversy (2020-2021)

Overview: SoftBank acquired the UK-based chip designer ARM Holdings in 2016 for $31 billion. ARM is a major player in the semiconductor industry, and SoftBank’s acquisition attracted significant attention.

Controversy: In 2020, SoftBank announced that it would sell ARM to NVIDIA for $40 billion, a deal that raised concerns over the potential consolidation of power in the semiconductor industry. Regulatory bodies, especially in the U.S., UK, and EU, expressed concerns about the competitive impact of the deal, particularly the control of critical technology.

Outcome: The acquisition was delayed as antitrust investigations were launched. As of 2024, the deal is still pending regulatory approval, and there’s ongoing debate over whether it will be allowed to proceed.


6. Relationship with Saudi Arabia

Overview: SoftBank's Vision Fund received $45 billion in funding from Saudi Arabia’s Public Investment Fund (PIF), raising concerns about SoftBank’s ties to the controversial Saudi government.

Controversy: The Saudi Crown Prince Mohammed bin Salman (MBS) is widely believed to have been involved in the murder of journalist Jamal Khashoggi in 2018, which caused a global uproar. Critics have pointed to SoftBank’s reliance on Saudi funding as problematic, especially given the international backlash against the kingdom.

Outcome: SoftBank faced criticism for continuing to work with the Saudi regime, but it has defended its relationship by stating that the funding is used to support the Vision Fund's investment in technology and job creation.


7. Alleged Conflicts of Interest

Overview: Some of SoftBank's business activities have raised concerns about potential conflicts of interest. One example is SoftBank's role as both an investor and a major corporate player in the technology space.

Controversy: Critics argue that SoftBank’s dual role in both funding and competing in certain industries creates conflicts, especially in sectors like telecommunications and technology. For example, SoftBank is a major investor in Uber, while also running its own telecommunications business.

Outcome: While no formal legal action has been taken over these concerns, the allegations have drawn attention from analysts and investors who question SoftBank's corporate governance.


8. The Tokyo Stock Exchange and Corporate Governance Issues

Overview: In 2020, SoftBank came under pressure from the Tokyo Stock Exchange to improve its corporate governance practices. Japan has traditionally been less stringent in enforcing governance standards, but there have been increasing calls for greater transparency and accountability from large firms like SoftBank.

Controversy: SoftBank faced criticism over issues like executive compensation, lack of independent board members, and excessive risk-taking behavior. These concerns were heightened by the poor performance of some of SoftBank’s key investments, such as WeWork and other Vision Fund projects.

Outcome: SoftBank made efforts to address these issues by improving governance practices and offering more detailed disclosures, though critics argue that more needs to be done.


Conclusion

While SoftBank remains a major player in global finance and technology, its history has been marked by high-profile controversies and legal challenges. From the fallout of the WeWork debacle to ongoing concerns over its ties with Saudi Arabia and the Vision Fund's performance, SoftBank has faced significant scrutiny. However, the company has consistently managed to maintain its position due to its vast financial resources, global influence, and its strategic role in the tech industry.

St Luigi save us from Trump and his cultist swine

How’s he more active than Biden?

Only IT jobs

Like his other alleged big company investors that fell flat last time? Japanese can do this but they can't buy steel. 🤔

the amusing thing about this one is that in japan, the owner/ceo is suspected of being a n. korean operative. 😂

Bringing the mic down for ol boy is such a power move 😂

It's missing a 15 million😜 PAY UP BIA!CH😆

The golden years are ahead

MAGA 🇺🇸 🇺🇸

Democrats are only happy when money is going to Ukraine