Below is an extract of a post published on Guardian titled "Silicon Valley's Saudi ties face fresh scrutiny in wake of Khashoggi affair"
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Via: Guardian
SoftBank, the world’s largest tech investment fund, partnered with the Kingdom to pump billions into America’s startups In December 2016, newly elected Donald Trump pulled a beaming Japanese billionaire named Masayoshi Son into a half-hug in front of cameras and reporters gathered in the golden lobby of Trump Tower. “Ladies and gentlemen,” Trump said with a smile, “this is Masa from SoftBank of Japan, and he has just agreed to invest $50bn into the United States.” Along with the promise of 50,000 new American jobs, the announcement was considered an early win for the president-elect. But, Son, the CEO of a Tokyo-based telecommunications conglomerate, had bigger ideas. He had already begun solidifying plans to build the largest tech investment fund in history, with an eye on Silicon Valley’s startups. Related: Evidence suggests crown prince ordered Khashoggi killing, says ex-MI6 chief SoftBank is struggling with what everyone is struggling with – the tension between moral clarity and short-term profits Continue reading…
