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SoftBank’s Masayoshi Son may have become billions richer in one day

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The massive gains on Thursday came after SoftBank Group announced what one investor called an “enormous” stock buyback on Wednesday.

SoftBank Group said it would repurchase 112 million shares worth 600 billion yen (approx $5.46 billion) in the next 11 months, or about 10.3 percent of its total outstanding shares, excluding treasury stock. That came as the company announced a more than 50 percent surge in its net income for the first three quarters of the fiscal year.

SoftBank has been thrust into the spotlight in recent years as a result of its Vision Fund, which has shaken up the global technology landscape. The fund has invested in companies such as WeWork operator The We Company and ride-hailing giants Uber, Didi Chuxing, Grab and Ola.

According to Forbes’ real-time tracker, Son has a net worth of about $21.4 billion.

— Reuters contributed to this report.

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Journalism’s top honors awarded amid attacks on the press

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The South Florida Sun Sentinel and the Pittsburgh Post-Gazette won Pulitzer Prizes on Monday and were recognized along with the Capital Gazette of Maryland for their coverage of three horrifying mass shootings in 2018 at a high school, a synagogue and a newsroom itself.

The Associated Press won in the international reporting category for documenting the humanitarian horrors of Yemen’s civil war, while The New York Times and The Wall Street Journal were honored for delving into President Donald Trump’s finances and breaking open the hush-money scandals involving two women who said they had affairs with him.

The Florida paper received the Pulitzer in public service for its coverage of the massacre of 17 people at Marjory Stoneman Douglas High School in Parkland and for detailing the shortcomings in school discipline and security that contributed to the carnage.

The Post-Gazette received the prize in the breaking news category for its reporting on the synagogue rampage that left 11 people dead. The man awaiting trial in the attack railed against Jews before, during and after the massacre, authorities said.

After the Pulitzer announcement, the newsroom in Pittsburgh observed a moment of silence for the victims. At the Sun Sentinel, too, the staff took in the award in a sober spirit.

“We’re mindful of what it is that we won for,” Editor-in-Chief Julie Anderson said. “There are still families grieving, so it’s not joy, it’s almost … I don’t know how to describe it. We’re emotional, as well.”

So, too, at the Capital Gazette, which was given a special citation for its coverage and courage in the face of a massacre in its own newsroom. The Pulitzer board also gave the paper an extraordinary $100,000 grant to further its journalism.

“Clearly, there were a lot of mixed feelings,” said Rick Hutzell, editor of Capital Gazette Communications. “No one wants to win an award for something that kills five of your friends.”

The Annapolis-based newspaper published on schedule, with some help from The Baltimore Sun, the day after five staffers were shot and killed in one of the deadliest attacks on journalists in U.S. history. The man charged had a longstanding grudge against the paper.

The Pulitzers, U.S. journalism’s highest honor, reflected a year when journalism also came under attack in other ways.

Reuters won an international reporting award for work that cost two of its staffers their liberty: coverage of a brutal crackdown on Rohingya Muslims by security forces in Myanmar.

Reporters Wa Lone and Kyaw Soe Oo are serving a seven-year sentence after being convicted of violating the country’s Official Secrets Act. Their supporters say the two were framed in retaliation for their reporting.

Reuters also won the breaking news photography award for images of Central and South American migrants heading to the U.S.

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Scenes of Notre Dame Cathedral in flames

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People watch the landmark Notre-Dame Cathedral burning in central Paris on April 15, 2019- A fire broke out at the landmark Notre-Dame Cathedral in central Paris, potentially involving renovation works being carried out at the site, the fire service said. (Photo by Nicolas Liponne/NurPhoto via Getty Images)

Nicolas Liponne | NurPhoto | Getty Images

People watch the landmark Notre-Dame Cathedral burning in central Paris on April 15, 2019- A fire broke out at the landmark Notre-Dame Cathedral in central Paris, potentially involving renovation works being carried out at the site, the fire service said. (Photo by Nicolas Liponne/NurPhoto via Getty Images)

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Paris’ Notre Dame Cathedral on fire

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The roof of Paris’ Notre Dame Cathedral collapsed as a massive fire ripped through the structure on Monday, days before Easter.

Paris Mayor Anne Hildago and firefighters warned people to stay away from the area. There have been no confirmed deaths, according to Paris police, while a French government official said no injuries had yet been reported.

No injuries were reported in the early stages of the blaze. It was not immediately clear what had caused the fire, while local media reported that police in the city were treating it as an accident. The Paris Prosecutor’s office announced that it has started an inquiry into the fire

Emergency services also attempted to salvage the artwork stored in the cathedral, which had been undergoing renovations.



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