China announced sweeping new rules governing the overseas listings of Chinese companies, in a move that could stifle the path for many Chinese companies to go public outside the mainland. It also pledged to improve laws on “data security, cross-border data flow and confidential information management,” key themes in China’s concerns of data sovereignty. The new guidelines – part of a...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
Alibaba to Split Into Six Business Units in Major Restructuring
Zoom Adds OpenAI Productivity Features, Launches Digital Assistant
Ten Private Equity Firms Contacted Sumo Logic Before Buyout
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