Billionaire Son Bets on Sprint as Softbank Shares Plunge: Tech

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Softbank Corp.’s Masayoshi Son has a history of picking winners. Investors say his latest choice may not be a repeat performance.

Son’s $20 million investment in Alibaba Group Holding Ltd. may be worth about $10 billion, and his $1.2 million purchase of a stake in Yahoo Japan Corp. may be worth more than $8 billion.