Masayoshi Son

Masayoshi Son, CEO and founder of SoftBank Group (pictured), was reported to have stepped down from the board of Alibaba today (25 June), the same day the Chinese e-commerce giant’s co-founder Jack Ma departed SoftBank’s board.

Masayoshi Son, chairman and CEO of SoftBank, maintained a recent focus on AI, arguing Japanese authorities must prioritise education in the subject to address what he believes is a loss of leadership to China and the US.

SoftBank splashed almost half of its $98. 6 billion Vision Fund in the first 18 months of operation, as CEO Masayoshi Son eyes the creation of a second massive investment pot.

SoftBank netted a hefty increase in profit for the first half of its fiscal year, as increased revenue from its telecoms businesses was backed-up by takings from its vaunted technology investment Vision Fund.

SoftBank CEO Masayoshi Son (pictured) plans to raise $100 billion every two-to-three years to fuel its strategy of making huge investments in high-growth technology companies, Bloomberg reported.

SoftBank is set to launch mobile digital payments in Japan by the end of the year, collaborating with Indian wallet provider Paytm to develop the service, Bloomberg reported.

SoftBank chairman and president Masayoshi Son (pictured) vowed to switch his attention towards investment in high-growth companies, having previously dedicated 97 per cent of his time on its operations in the telecommunications sector.