China’s leading podcast and audio app Ximalaya dropped its plans to list in the U.S. and will instead go public in Hong Kong, Reuters said. The company abandoned plans to list in the U.S. where it had sought to raise as much as $500 million under pressure from Chinese regulators amid a regulatory tightening over media and tech companies. Reuters said it would file paperwork for a Hong Kong...
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Search Has Its Goliath. Could Richard Socher Be Its David?
On a rare rain-free afternoon this spring, Richard Socher stood atop a hill, surveying the direction of the wind. The wind often interests Socher, the 38-year-old co-founder and CEO of search engine You.com, because in his spare time he likes to fly around on a paramotor, a parachute-like contraption supported by a backpack propeller. We were standing at one of his launch spots, a short hike...
Fidelity Marks Down Twitter Stake Another 7.9%
Coinbase Hires Former Shopify Executive as Country Director
Circle’s USDC Outflows Exceed $10 Billion Since Crypto Bank Crisis
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