Friday, April 29, 2022

Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy (Tracy Qu/South China Morning Post)

Tracy Qu / South China Morning Post:
Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy  —  A symposium involving Chinese Big Tech has been scheduled after the Labour Day holiday to assure business leaders on the new direction …



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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;...