Japanese billionares wipe out $4 billion in pissing match

In an ego match of global swollen-head proportions, poophead Masayoshi Son of Softbank/Yahoo and puke-punk Hiroshi Mikitani of Japan’s No. 1 e-retailer Rakuten are trying to destroy the only functioning forward-looking part of the Japanese economy. Their $4 billion pissing match is worthy of a kindergarten sandbox war.

Billionaire Cannibals Wipe Out $4 Billion in Son-Mikitani Fight
bloomberg.com / Oct. 9, 2013
Billionaire Masayoshi Son, Japan’s second-richest person, mounted an attack on the next wealthiest, Hiroshi Mikitani, wiping out a combined $4.3 billion in their companies’ market values.
softbank-vs-rakuten
More…

Poophead vs Puke
—nobody wins—
poophead vs puke bad-to-the-bone


Pox on both their houses.

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Taro

I'm a boring pale alien salaryman, who worked 25+ years at "Maybe-the-Largest Inc" in Tokyo.

5 thoughts on “Japanese billionares wipe out $4 billion in pissing match”


  1. Billionaire Cannibals Wipe Out $4 Billion in Son-Mikitani Fight

    IN PRETEND MONEY

    We are talking aboot the stock market here…

  2. Coligny wrote:
    IN PRETEND MONEY

    And an almost pretend internet. The fact that Yahoo is Japan’s main portal (and running on an interface even the ailing Yahoo US ran about 10 years ago) is the real joke here. Don’t get me going on Rakuten’s “interface”.

  3. Operate a shop on Yahoo without the monthly butt-reaming BS fee…that’s a good thing.


    “We are not planning to change our fee structure at all,” Jeremy Tonkin, spokesman at Tokyo-based Rakuten, said by phone. “Rakuten operates from a position of strength in the e-commerce market.”

    LOL Rakuten, this kind of attitude is what seems to fuck most Japanese companies into eventual submission/decline.

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