Jidu, the electric vehicle unit of Chinese search provider Baidu, just got more money. Jidu said in a statement that it has raised $400 million from its parent Baidu and Chinese automaker Geely, a strategic partner that will manufacture Jidu’s cars. The investment comes as Baidu, whose once-dominant position in China’s internet and digital advertising industries has declined over the past...
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Why Amazon Is Giving Employees Record Amounts of Stock, Even as It Trims Head Count

At a moment when Amazon’s overall workforce is shrinking, the company is awarding stock to employees at a record-breaking clip to keep top talent from heading for the exits. Amazon granted 138 million restricted stock units to employees in the second quarter, as the chart above shows—an 82% increase from the number of restricted shares for employees it issued during the same period...
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