SoftBank Vision Fund seems to be playing safe amid market chill

SoftBank Vision Fund seems to be playing safe amid market chill

FILE PHOTO: SoftBank's logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

The latest investment by SoftBank Group’s Vision Fund is a surprisingly safe choice that signals a departure from the daring moves of the past, as the Japanese tech giant reins in the venture capital business to a more stable place.