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Sources: Meta cuts its annual distribution of stock options by ~5% for most of its staff, equating to tens of thousands of employees, after a ~10% cut in 2025 (Hannah Murphy/Financial Times)

Hannah Murphy / Financial Times : Sources: Meta cuts its annual distribution of stock options by ~5% for most of its staff, equating to t...

2 September 2024

Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan (Chien Mi Wong/Bloomberg)

Chien Mi Wong / Bloomberg:
Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan  —  - Loan carries greenshoe option that allows size to increase  — Citigroup, Goldman Sachs, JPMorgan are the loan coordinators

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