Friday, January 29, 2021

Financial operations of Facebook, Google, Amazon regulated

The RBI has informed the Delhi high court that operations of tech fin firms such as Facebook, Google and Amazon in India's financial sector space are being regulated under the relevant laws and they have been permitted to function only after necessary compliances.​​ A similar stand has been taken by markets regulator Sebi. https://ift.tt/3iXZn8m

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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;...