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Asia

Trump Throws Lifeline to Troubled Chinese Tech Giant ZTE

President Donald Trump said in a tweet Sunday that he and Chinese President Xi Jinping are working together to help Chinese telecom equipment maker ZTE “get back into business, fast.” The U.S. Commerce Department last month banned ZTE from buying components from American suppliers because the Chinese firm violated the terms of its agreement signed last year when it pleaded guilty to illegal...

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Markets
DoorDash, Airbnb Face Wary Investors in Plans to Go Public

Casper Sleep’s nightmare of a public market debut earlier this month has demonstrated that investor skepticism toward money-losing tech companies persisted into 2020. And that raises questions for several high-profile tech names contemplating going public this year, including two of the most highly valued, Airbnb and DoorDash.

Unless they can demonstrate a reversal of 2019 trends and turn ...

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