Wednesday, October 27, 2021

TikTok tells US lawmakers it does not give information to China's government

Senators at the hearing also voiced concerns that TikTok, owned by Beijing-based internet technology company ByteDance, and rivals YouTube, owned by Alphabet Inc., and Snapchat have algorithms that can be harmful to young people.

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

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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-...