Monday, September 21, 2020

Beijing unlikely to approve ByteDance's TikTok deal with Oracle: Report

ByteDance has said it will create a US subsidiary partly owned by Oracle and Walmart and managed mainly by Americans, to pacify the administration of Donald Trump which had planned to ban TikTok on security grounds. https://ift.tt/3kGW5pJ 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;...