Sources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40B bridge loan signed in March (Bloomberg)

ByteDance obtained a $29.6 billion USD loan, marking Asia’s second-largest dollar-denominated borrowing this year after SoftBank’s $40 billion bridge loan. Meta released Muse Spark 1.3, claiming notable gains in coding and agentic tasks while keeping the same pricing as Spark 1.2. Google rolled out Gemini 3.8 Flash with reduced token rates and benchmark advantages, and a U.S. judge ruled the company need not sell its ad exchange but must enable its ad-tech tools to interoperate with rivals.