Monday, August 10, 2020

Facebook Forms Financial Unit to Help Payment Services on Its Platform

Facebook said it has created a new unit, Facebook Financial, devoted to financial services to harmonise payment systems on its platform. The new group will be headed by former PayPal President David... https://ift.tt/2DOv2IW

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...