A stock and a hard place: SoftBank's $150 billion Alibaba warchest in spotlight

TOKYO (Reuters) - SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm's $150 billion (£115.5 billion) stake in e-commerce giant Alibaba , after prominent activist investor Elliott Management called for big buybacks.The emergence of New York-based Elliott as a SoftBank shareholder has renewed focus on the company's 26% stake in China's Alibaba, the Japanese firm's biggest asset and Son's most successful tech bet to date.Elliott, one of the world's best known..