Saturday, July 30, 2022

Meta's Mark Zuckerberg: Company's pandemic-era forecast was too rosy

Mark Zuckerberg, responding to an employee question at a company-wide meeting on Thursday, said he had hired too aggressively and failed to account for the possibility of an economic downturn, according to a person who heard the remarks.

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

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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-...