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Briefing

Inspection Team Starts Onsite Investigation of Didi Global

By
Shai Oster
· · Source: The Information

A central government inspection team began an onsite investigation of Didi Global, the Chinese ride hailing company under review for violation of cybersecurity laws just days after it raised $4.4 billion in a New York initial public offering. According to an official announcement, officials from China’s internet regulator will work along with the ministries of national and public security,...

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Clockwise from top left: Julie Bornstein, Esther Crawford, Mark Hammond, Max Cutler, Kağan Sümer. Photos via Julie Bernstein, Robert Cowherd, Microsoft, Wikimedia and Kağan Sümer.
Call them acqui-fires. Several founders who took positions at the bigger tech companies that bought their startups recently lost their jobs when layoffs rolled through Silicon Valley. That means managers and engineers who also have the entrepreneurial bug are now on the market. Twitter’s most recent round of job cuts included at least four such founders, including the entrepreneurs behind...
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