Wednesday, July 26, 2023

Alphabet Q2 results: Profit beats expectations, CFO Ruth Porat to assume new role

Porat, hired in 2015, is one of Silicon Valley's most prominent female executives and oversaw tremendous growth at Alphabet. She will become chief investment officer and president starting September 1 and lead 2024 planning while her successor is sought.

from Tech-Economic Times https://ift.tt/6Pdx4Tv

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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-...