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Lenovo seeks $2 billion loan to refinance existing debt

Lenovo is seeking a $2 billion loan priced below an earlier facility it plans to refinance, Bloomberg reports, citing people familiar with the matter. Banks in Asia remain eager to lend to major Chinese firms amid a shortage of deals.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Musk plans SpaceX-Tesla merger that would create $3.6T company

Elon Musk is planning to combine SpaceX and Tesla into a company valued at $3.6T, the Financial Times reported. The proposed merger would bring the two businesses into one company, but faces hurdles including shareholder votes and...

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OpenAI expands ChatGPT advertising to 26 additional countries

OpenAI said it is extending ChatGPT Ads to 26 additional countries, bringing availability to 89 countries. Advertisers in the new markets can buy placements through technology partners or through self-service access in Ads Manager...

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Spotify launches native app in five Audi models

Spotify launched a native in-car app for Free and Premium listeners in Audi's A6 e-tron, Q6 e-tron, A5, Q5 and A6 on October 21, the company announced. Available through the Audi Application Store, it runs on the vehicle's infotai...

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ServiceNow and Nvidia make Arc enterprise agent available on Mac

ServiceNow and Nvidia's Arc enterprise AI agent is now generally available on Mac, ZDNET reported. Originally announced in May, Arc handles work involving tools such as email and Microsoft Teams and can run locally on an employee'...