Japan’s SoftBank Group marks a return to profit as it cuts Vision Fund losses

TOKYO — Japanese technology conglomerate SoftBank Group returned to profitability in October-December after four straight quarters in the red, the company said Thursday. Tokyo-based SoftBank reported a 950 billion yen ($6.4 billion), profit for the October-December quarter, a reversal from a 783 billion yen loss in the same period a year earlier. It remained in … Read more