Friday, July 30, 2021

China urges tech companies to step up management of critical data exports

The Internet Society of China, a non-governmental organisation, has met representatives from Alibaba and its fintech affiliate Ant Group, Tencent, ByteDance, Meituan, Baidu and others to address the implementation of China's Data Security Law, under the authorisation of MIIT, the ministry said in a statement. https://ift.tt/3fePP8m

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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;...