Friday, May 12, 2023

China’s JD.com promotes finance chief to CEO role as Xu Lei resigns

Xu Lei, who has officially been CEO for a year, said on a call with analysts after the company reported first quarter earnings that he had resigned to spend more time with his family.

from Tech-Economic Times https://ift.tt/C7AIZR1

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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-...