Wednesday, February 23, 2022

BharatPe sacks Madhuri Jain amid charges of financial fraud

Madhuri Jain has been in charge of finances at BharatPe valued at $2.8 billion since October 2018, and was also named in the preliminary investigation by Alvarez & Marsal investigation, linking her to the financial irregularities in the startup.

from Tech-Economic Times https://ift.tt/nJ9GXE8
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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-...