China’s state-owned media reported that the country’s regulators and their U.S. counterparts are working with each other trying to find solutions “as soon as possible” to the auditing problem facing New York-listed Chinese companies. The report comes as the U.S. Securities and Exchange Commission has named some U.S.-listed Chinese companies, including China’s Twitter-like microblog Weibo, as...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
Meta Platforms’ Revenue and Profit Fall in Q4
Checkout.com Shuffles Executives to Double Down on U.S. Expansion
Judge Tells Sam Bankman-Fried to Stop Texting Former FTX Colleagues
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