One of the reasons why China’s government suspended Ant Group’s initial public offering in November was that the company’s investors who stood to gain from its $37 billion IPO included those with ties to political families that represent a potential challenge to President Xi Jinping, the Wall Street Journal reported. For example, one of Ant’s shareholders is private equity firm Boyu Capital,...
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The Weekend Media/Telecom Startups
How Taylor Lorenz Became America's Most Polarizing Tech Reporter
Hi, welcome to your Weekend! I wish I was writing you in happier circumstances, and could simply talk up Annie's riveting profile of Taylor Lorenz, below. But this has been a tragic week. The mass murder of 19 kids and their two teachers in Uvalde, Texas, has been on all of our minds. Unfortunately, the hopelessness you're probably feeling is justified. Recent history gives us little...
SEC Confirms Scruitiny Elon Musk’s Initial Disclosure of Twitter Stake
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