Tuesday, October 26, 2021

Facebook profits rise amid revelations from leaked papers

Facebook’s net income grew 17% in the July-September period to $9.19 billion, buoyed by strong advertising revenue. That's up from $7.85 billion a year earlier. Revenue grew 35% to $29.01 billion.

from Tech-Economic Times https://ift.tt/3nxn5Ll

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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-...