Jack Ma is stepping down from the board just as Softbank announced a record $13 billion loss

· Jack Ma is resigning from SoftBank's board of directors effective June 25.
· Ma has been a director at SoftBank for 13 years.
· News of his departure came just as SoftBank posted a $13 billion loss, while Softbank's flagship vision fund suffered a $17.7 billion loss. 
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