President-elect Donald J. Trump said on Twitter that SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son will invest $50 billion in the U.S., creating 50,000 new jobs.
Son told reporters the funding would go to “new companies, startup companies in the United States.” The Japanese billionaire is developing a $100 billion technology fund with the government of Saudi Arabia, though it’s unclear whether that would be part of the U.S. investment. Continue reading “Japan’s SoftBank to Invest $50 Billion in U.S., Trump Says”
