Thursday, December 30, 2021

Xiaomi fined over false advertisement of this smartphone

Xiaomi has been reportedly fined by the Chinese authorities over false advertisement of a smartphone. According to a report by ithome, the company was punished by the market supervision department for violating the "Advertising Law of the People's Republic of China." https://ift.tt/3FGAicF

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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;...