The Chinese billionaire who founded electric-vehicle startup Faraday Future has filed for Chapter 11 bankruptcy in the U.S., The Wall Street Journal reported, citing court filings. Jia Yueting, who also founded Chinese internet TV streaming service LeEco, is seeking protection from creditors owed as much as $3.6 billion, the newspaper said, adding Jia will give up his stake in the holding...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
Amazon Fresh Hikes Grocery Delivery Fees
Shopify CTO Departs Following Layoffs of Technical Leaders
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
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