Chinese online grocery app Dingdong Maicai has slashed the size of its U.S. initial public offering by more than 70%. The move comes after Dingdong’s Chinese competitor, Missfresh, had a disappointing debut on Nasdaq Friday with its share price falling 26% from its IPO price. Dingdong, whose backers include SoftBank, General Atlantic and Sequoia Capital China, now aims to raise up to $94.4...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Weekend culture ai
Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
Twitter Releases Ranking Source Code Ahead of Verified-Check Removals
Meta Tells Managers to Temporarily Stop Hiring Remote Workers
Fidelity Marks Down Twitter Stake Another 7.9%
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive google ai
Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAI
Opinion entertainment media/telecom
The Streaming Business Model Is Hitting Its Half-Life
Data Point startups amazon
Satellite Internet Plans from SpaceX and Others Deserve a Pinch of Salt