Thursday, May 27, 2021

TikTok owner ByteDance launches share buyback after shelving IPO plans

In an email sent to current and former employees this week, ByteDance said eligible shareholders can apply to sell their holdings by June 20 at $126 per share for current employees and $100.80 per share for former employees.

from Tech-Economic Times https://ift.tt/3fnPFM5
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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-...