Wednesday, March 31, 2021

TikTok Parent ByteDance Says It Is 'Bleeding' Due to Bank Account Freeze

A Mumbai court granted no relief to China's ByteDance in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations. https://ift.tt/3sSUoKp

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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;...