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SoftBank says its loan-to-value ratio, a measure of net debt against the value of its holdings, could exceed its 25% limit as it commits another $30B to OpenAI (David Keohane/Financial Times)

David Keohane / Financial Times : SoftBank says its loan-to-value ratio, a measure of net debt against the value of its holdings, could ex...

1 May 2024

Changpeng Zhao's short sentence suggests he had some leverage, and the hearing had references to sealed documents and "cooperation", perhaps over user details (Elizabeth Lopatto/The Verge)

Elizabeth Lopatto / The Verge:
Changpeng Zhao's short sentence suggests he had some leverage, and the hearing had references to sealed documents and “cooperation”, perhaps over user details  —  There are a lot of differences between Changpeng Zhao and Sam Bankman-Fried, and now we can add one more to the list …

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