Friday, September 25, 2020

Despite app ban, ByteDance doles out cash bonuses to employees in India

The move is in line with a global announcement through an internal memo earlier this month, wherein ByteDance stated it will be issuing a cash bonus to all eligible employees to help them overcome the ‘challenges posed by the Covid-19 pandemic and the changing macro environment.’

from Tech-Economic Times https://ift.tt/2FSUK0i

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...