Thursday, January 26, 2023

Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the offense and speaking out publicly (New York Times)

New York Times:
Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the offense and speaking out publicly  —  Keeping its head down has not paid off for the company, which now faces regulatory pressure on many fronts.  So it is starting to speak out.



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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;...