Friday, November 4, 2022

Google-Facebook ad duopoly continues; Ajit Mohan quits Meta to join Snap

Google and Facebook combined posted a 77% year-on-year jump in their ad sales last fiscal while the equalisation levy they paid soared 82%, as per their RoC (Registrars of Companies) filings sourced from Altinfo.

from Tech-Economic Times https://ift.tt/4uw0QyC

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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-...