An exlclusive look at Trump and Trudeau's Mar-a-Lago meal! | This Hour Has 22 Minutes
Dementia Don the first convict to be elected President of the USA
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Jobs, jobs, jobs. 100,000 new jobs.
SoftBank Pledges $100 Billion of U.S. Investments in Show of Confidence for Trump Administration
SoftBank Group, the Japanese investment powerhouse led by CEO Masayoshi Son, announced plans on Monday to invest $100 billion in U.S. projects over the next four years, a move that underscores renewed optimism about the American economy as President-elect Donald Trump prepares to return to the White House.
The announcement, made at Trump’s Mar-a-Lago resort, highlighted the Japanese company’s focus on cutting-edge technologies such as artificial intelligence, data centers, and chip manufacturing. SoftBank estimates the investment will create 100,000 jobs in the United States by 2029.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.👍 1Comment
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A convict is not the same as a felon, but both terms refer to someone who has been convicted of a crime:- Felon
A person who has been convicted and charged with a felony, which is a serious crime that usually carries a prison sentence of more than one year. Synonyms of felon include criminal, crook, malefactor, and outlaw. - Convict
A person who is serving a sentence in jail or prison. Synonyms of convict include con, inmate, and yard bird.
Some say that it's better to use people-first language, such as "person who was convicted of a crime" or "person who is incarcerated".
I was wrong to name this thread using the word convict. Trump is a felon, not a convict.Comment
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Jobs, jobs, jobs. 100,000 new jobs.
SoftBank Pledges $100 Billion of U.S. Investments in Show of Confidence for Trump Administration
SoftBank Group, the Japanese investment powerhouse led by CEO Masayoshi Son, announced plans on Monday to invest $100 billion in U.S. projects over the next four years, a move that underscores renewed optimism about the American economy as President-elect Donald Trump prepares to return to the White House.
The announcement, made at Trump’s Mar-a-Lago resort, highlighted the Japanese company’s focus on cutting-edge technologies such as artificial intelligence, data centers, and chip manufacturing. SoftBank estimates the investment will create 100,000 jobs in the United States by 2029.
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(Bloomberg) — President-elect Donald Trump announced that SoftBank Group Corp. planned to invest $100 billion in the US over the next four years during an event alongside Chief Executive Officer Masayoshi Son on Monday.
“I’m very, very excited,” Son, who met with Trump at his Mar-a-Lago estate in Florida, told reporters. “I would really like to celebrate the great victory of President Trump and my confidence level to the economy of the United States has tremendously increased with his victory.”
The plan includes a pledge to create 100,000 jobs focused on artificial intelligence and related infrastructure, including investments in data centers, semiconductors and energy, according to a person familiar with the plan.
The SoftBank announcement immediately prompted the question of where the company will get the capital for its latest pledge. During Trump’s last term, Son was raising his $100 billion Vision Fund with money from outside investors and poured the cash into startups such as WeWork, Uber Technologies Inc. and DoorDash Inc.
SoftBank doesn’t have the cash on hand to deliver on Son’s pledge this time. The company had the 3.8 trillion yen ($25 billion) in cash and equivalents on its balance at the end of September. Still, the company’s finances have recovered with the initial public offering of chip design firm Arm Holdings Plc. SoftBank still owns about 90% of Arm, which now has a market capitalization of about $160 billion.- Consider this SoftBank's version of an inaugural donation, in the pursuit of a lighter regulatory touch for the firm and its portfolio companies. For example, SoftBank has a stake in TikTok parent company ByteDance.
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