Friday, January 29, 2021

Filing: Xiaomi has sued US Defense and Treasury departments, after the DOD blacklisted the company thereby blocking US investors from buying Xiaomi's securities (Bloomberg)

Bloomberg:
Filing: Xiaomi has sued US Defense and Treasury departments, after the DOD blacklisted the company thereby blocking US investors from buying Xiaomi's securities  —  - Pentagon had called it a ‘Communist Chinese military company’  — The move prohibits U.S. investors from buying Xiaomi's shares



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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;...