Friday, May 26, 2023

Sources: the record $279M whistleblower award issued by the SEC earlier this month stemmed from a 2019 bribery case in which Ericsson paid a $1.1B settlement (Mengqi Sun/Wall Street Journal)

Mengqi Sun / Wall Street Journal:
Sources: the record $279M whistleblower award issued by the SEC earlier this month stemmed from a 2019 bribery case in which Ericsson paid a $1.1B settlement  —  The largest-ever award in the SEC's cash-for-tips program was related to Ericsson's bribery case



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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;...