Monday, August 28, 2023

Chinese EV giant BYD's electronics unit strikes a deal with US-based Jabil to buy the key Apple supplier's manufacturing business in China for ~$2.2B (Bloomberg)

Bloomberg:
Chinese EV giant BYD's electronics unit strikes a deal with US-based Jabil to buy the key Apple supplier's manufacturing business in China for ~$2.2B  —  - US firm Jabil joins tech companies reducing exposure to China  —  The electronics arm of electric-vehicle maker BYD Co. agreed …



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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;...