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Closing the de minimis exemption cuts into Big Tech ad revenues, as Temu cut US digital ad spending by 31% and Shein by 19% in the two weeks starting March 31 (New York Times)

New York Times : Closing the de minimis exemption cuts into Big Tech ad revenues, as Temu cut US digital ad spending by 31% and Shein by ...

1 April 2025

Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI (Bloomberg)

Bloomberg:
Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI  —  The bridge loan under discussion has a tenor of about 12 months, said the people, who asked not to be identified discussing private matters.

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