Sunday, April 28, 2024

Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill (Wall Street Journal)

Wall Street Journal:
Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill  —  Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app



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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;...