SoftBank CEO Masa Son is skipping entire Saudi summit

Riyadh, Saudi Arabia (CNN Business)Masayoshi Son, the tech tycoon who has spent billions of Saudi money, is staying away from the kingdom’s major investment summit this week.

The founder and CEO of Japanese tech company SoftBank (SFTBY) won’t attend the Future Investment Initiative in Riyadh, a person familiar with the matter told CNN on Wednesday.
Dozens of other top business leaders have canceled plans to take part in the event, which is widely known as “Davos in the desert,” following international uproar over the killing of Saudi journalist Jamal Khashoggi.

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