Chinese internet giant Tencent plans to sell all or a bulk of its stake in food delivery app Meituan, Reuters reported. Tencent’s 17% stake in Hong Kong-listed Meituan is worth about $24 billion. Tencent has been in talks with financial advisors in recent months to figure out how to execute the sale, according to Reuters. The report comes as Tencent, which has a vast portfolio of...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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