China’s top internet regulator has drafted new guidelines that require major Chinese internet companies to gain the government’s approvals before making investments or fundraising deals, Reuters and Chinese media outlets reported. The new guidelines from the Cyberspace Administration of China will apply to companies that have more than 100 million users or more than 10 billion yuan ($1.58...
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How Stitch Fix Fumbled a Make-or-Break Pivot
Stitch Fix planned to revive sales growth by turning its original strategy on its head. Inside the company, there were warning signs that the effort would struggle. The retailer, which is best known for sending customers five-piece boxes of clothes and accessories picked out by stylists, hoped to broaden its appeal by using algorithms to recommend items for people to buy directly online. But a...
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Musk Says Twitter’s Legal Team Accused Him of Violating NDA
Twitter CEO Still Expects Musk Deal to Close
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