Amazon’s board of directors has been meeting weekly by phone to discuss the company’s response to the coronavirus, the company undercharges for its Prime membership service and Amazon isn’t rattled by growing scrutiny of its size. Those were among the more noteworthy statements by Jeff Bezos, Amazon’s CEO and founder, during the company’s annual shareholder meeting on Wednesday morning. Like...
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Another Major Venture Firm to Separate China Investment Partners Following U.S. Pressure
GGV Capital, a prominent venture capital firm managing $9.2 billion in assets, plans to separate its China and U.S. teams following scrutiny from lawmakers in Washington about the national security implications of the firm’s investments in Chinese artificial intelligence and semiconductor firms, according to a notice the firm sent to its investors on Thursday. The move comes a few months...
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