Chinese social e-commerce platform Xiaohongshu has put its plans for a U.S. initial public offering on hold, Bloomberg reported. Beijing’s recent cybersecurity crackdown already has forced a wide range of Chinese tech startups—from home design software maker Kujiale and logistics firm Lalamove—to put their New York IPO preparations on hold. Some bankers and investors say they expect the path...
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The Briefing microsoft enterprise
Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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