Friday, August 30, 2024

China's top antitrust regulator says it has seen "effective results" that Alibaba has ceased the monopolistic practices that prompted an investigation in 2020 (Bloomberg)

Bloomberg:
China's top antitrust regulator says it has seen “effective results” that Alibaba has ceased the monopolistic practices that prompted an investigation in 2020  —  - Antitrust watchdog says Alibaba has ceased monopolistic acts  — Fallout from the crackdown years persists across the industry



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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;...