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 Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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