China’s market regulator plans to impose a roughly $1 billion anti-monopoly fine on the country’s largest food delivery and on-demand services app Meituan, the Wall Street Journal reported. The State Administration for Market Regulation is alleging that Meituan abused its dominant market position and pressured merchants to avoid working with other platforms that compete with Meituan, according...
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The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
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Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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