Thursday, April 25, 2024

Interviews with 24+ current and ex-ByteDance staff: the Beijing-based company has increasingly taken a grip over TikTok's operations, leading to a culture clash (Financial Times)

Financial Times:
Interviews with 24+ current and ex-ByteDance staff: the Beijing-based company has increasingly taken a grip over TikTok's operations, leading to a culture clash  —  Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership



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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;...