Telecoms

The rollercoaster ride of the world’s most reckless investor

For a few days in February 2000, Masayoshi Son was the richest person in the world. A risk-taker and showman, universally known as Masa, he had long been disdainful of Japan’s staid ‘salaryman’ business culture and was riding the wave of dot-com mania. His company SoftBank, founded in 1981, had bet big on the growth of online shopping. The bullish mood didn’t last, and Masa slunk away from the limelight – but only for a while. A techno-optimist, the now 67-year-old has repeatedly reinvented himself, urging doubters to see beyond the immediate: ‘You’re limiting your field of vision to 30 years… Start bold and think 300 years ahead.’ Masa’s greatest

The Huawei decision does not make technological sense

We’re fairly used to this government’s IT blunders now. Only recently there was the fiasco of the NHS coronavirus app – it was predicted here that it would be ‘dead-on-arrival’, weeks before the government was eventually forced to admit the same. Now with each passing month comes yet another poor decision by the UK. The latest of which is the plan to remove Huawei from UK 5G infrastructure over the next seven years. Politically, the justification is sensible. Technologically, it borders on farcical. To understand the Huawei issue, it’s best to think of a simple home network, involving a modem, a WiFi router and a smart TV. All three of these