Tuesday, November 30, 2021

Adobe: online US consumers spent $7.1B on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores (Charity L. Scott/Wall Street Journal)

Charity L. Scott / Wall Street Journal:
Adobe: online US consumers spent $7.1B on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores  —  Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores



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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;...