Thursday, July 29, 2021

Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO (Jing Yang/Wall Street Journal)

Jing Yang / Wall Street Journal:
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO  —  Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog



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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;...