An effort by Amazon warehouse workers in Alabama to form a union looked in question Thursday, as votes against the union effort outnumbered those in favor by more than two-to-one. As of 3:30 PM Pacific time, there were approximately 841 votes against the formation of the union, and 365 votes in favor of it, according to a New York Times live tally of the ballot count. In total, there were...
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The Briefing Facebook Apple
Today’s Lessons in How Apple Wields Power
Apple’s legal battle with Tim Sweeney of Epic Games is turning into one of those off-putting television dramas where none of the characters are likable. Sweeney, in particular, is losing credibility by the day. After the court ruling on his antitrust case against Apple two weeks ago, he described the decision as a loss for developers and consumers and defiantly vowed not to return to the App...
GM to Invest $300 Million in China’s Self-Driving Firm Momenta
SoftBank-Backed Oyo Seeks to Raise $1 Billion in IPO
Toast and Freshworks Have Strong Public Company Debuts
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Could Didi List in Hong Kong to Stop Bleeding for Shareholders?
Could the path to relief for Didi Global’s beleaguered shareholders run through Hong Kong? It’s a pressing question as Full Truck Alliance, a U.S.-listed Chinese commercial freight company, which like Didi is under cybersecurity investigation by Chinese authorities, explores with bankers the possibility of listing its shares in Hong Kong, according to two people familiar with the matter.