Goldman Sachs faces massive writedown on CEO David Solomon’s sick-fated GreenSky deal

Crucial Details

Goldman Sachs is probable to consider a large writedown for its 2021 acquisition of fintech loan company GreenSky soon after searching for to unload the small business, CNBC has discovered.
KKR, Apollo International Administration, Sixth Road Companions, Warburg Pincus and Synchrony Bank have been among the asset professionals and creditors concerned in the first round of bids, in accordance to resources.
“Everybody’s been coming in reduced, and the Goldman workforce keeps pushing back again, pounding the table about the price of it,” reported 1 of the bidders.

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AI humans in China just proved they are better influencers. It only took a duo 7 hours to rake in more than million

Finance

AI humans in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million

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Key Points A Chinese entrepreneur raked in $7.65 million after streaming using an interactive digital avatar. That was more than what he earned from his previous livestream, which he hosted personally. “This is a DeepSeek moment for China’s entire livestreaming and digital human industry,” an analyst said. Source

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Finance

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