China’s state-owned automaker FAW Group is considering buying a substantial stake in troubled ride-hailing giant Didi Global, Bloomberg reported. The possible investment comes as Didi continues to grapple with the Chinese government’s intense scrutiny. Didi, which went public in the U.S. last June against the wishes of China’s top internet regulator, faced major setbacks as Beijing launched a...
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The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
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