Sunday, November 28, 2021

Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy (Financial Times)

Financial Times:
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy  —  Move would be the first time the competition watchdog has reversed a Big Tech acquisition  —  The UK competition regulator is expected to block Meta's acquisition of online gif platform Giphy in the coming days …



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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;...