Sources: Meituan considers raising $1B+ via a bond offering this year as the food delivery and shopping platform seeks to repay some debt and fund its expansion — - Chinese online retailer is working with banks on a bond sale — Proceeds to be used to repay some debt, fund overseas growth
In preliminary findings, the EU charges Microsoft with antitrust violations over concerns that it gave Teams an “undue advantage” by bundling it with Office — Allegations that software giant is ‘tying’ its video app to Office are the first such case against it in more than a decade
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M — One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …
Sources: Shein confidentially filed with UK's markets regulator in early June for a potential London IPO; it was valued at $66B in a 2023 fundraising round — Shein has confidentially filed papers with Britain's markets regulator in early June for a potential London listing, two sources said …
An interview with Open Source Initiative executive director Stefano Maffulli on what makes an AI open source, creating the Open Source AI Definition, and more — Meet the guy working to find “the definition” — The struggle between open source and proprietary software is well understood.
Y Combinator and 140 AI startups sign a letter opposing California's AI safety bill, saying the bill could harm California's ability to retain its AI talent — THE BUZZ: FIRST IN PLAYBOOK: One of Silicon Valley's heaviest hitters is wading into the fight over California's AI regulations.
Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...
