Monday, August 31, 2020

How RIL discretly blocked rival Amazon out in Future Retail biz

According to the contours of the deal between Future Group and RIL, the former will merge 19 retail and its related back-end infrastructure companies, including Future Retail, into Future Enterprises. https://ift.tt/34QP4hp https://ift.tt/eA8V8J

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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;...