Tuesday, December 29, 2020

FactSet: Amazon's "other" business unit, which is made up almost entirely of its ads business, will make $21B in revenue in 2020, up 47% YoY (Dave Lee/Financial Times)

Dave Lee / Financial Times:
FactSet: Amazon's “other” business unit, which is made up almost entirely of its ads business, will make $21B in revenue in 2020, up 47% YoY  —  Ads unit grows faster than retail or cloud computing divisions  —  The surge in online shopping triggered by the Covid-19 pandemic …



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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;...