With Epic Games’ antitrust suit against Apple less than a month away from trial, the iPhone maker is clashing with Facebook over access to documents it says are necessary to defend against the high profile case. In December, Apple subpoenaed Facebook, which is not a party to the case, for information about how it distributes its apps, how it’s been affected by Apple’s App Store approval...
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Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
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