Wednesday, September 23, 2020

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

What appeared as a coup clinched by Mnuchin, a former Goldman Sachs Group investment banker, did not hold. https://ift.tt/363IO6A https://ift.tt/eA8V8J

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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...