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SoftBank Takes Another Multibillion-Dollar Hit From Bad Bets

TOKYO — SoftBank Group has taken another multibillion-dollar hit from its ambitious but costly bets on once high-flying companies like Uber and WeWork, putting growing pressure on the Japanese conglomerate to get its financial house in order. The company and its founder and chief, Masayoshi Son, have dominated the world of technology investment through the

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Judge Drops Some Charges Against Theranos’s Elizabeth Holmes, Leaves Wire Fraud

(Reuters) — A federal judge late on Tuesday dismissed some charges against Theranos Inc. founder Elizabeth Holmes, but let stand wire fraud charges accusing her and an associate of misleading patients about the abilities of her company’s blood tests. The court ruled that since the tests were paid by their medical insurance companies the patients

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Jimmy Fallon Actually Thought He Was Canceled After Awkward Moment

For anyone wondering, this is what it looks like when you die inside. Last week when interviewing RuPaul on “The Tonight Show,” host Jimmy Fallon had an awkward moment when he referred to the star as a “drag queen” while showing RuPaul’s Vanity Fair magazine cover. “A drag queen! A drag queen!” said RuPaul, seemingly shocked.

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