Meituan, China’s biggest food delivery app, reported a 28% rise in revenue for the third quarter. Demand for deliveries of meals and groceries was strong during the quarter, as China’s strict Covid-19 restrictions forced many consumers to spend more time at home. Meituan’s solid growth stands when most other Chinese internet giants are struggling to adapt to a tough economic environment....
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The Electric electric vehicles
The Electric: A Rift Over the Climate Law Bursts Into the Open
Tension over the $369 billion climate law boiled over Wednesday, with Sen. Joe Manchin (D-W.Va.) threatening to sue to stop implementation of the legislation if he believes the White House is doing it the wrong way. His admonishment came ahead of the Biden administration’s scheduled release of guidance Friday for which electric vehicles will qualify for $7,500 per vehicle in consumer tax...
Alphabet’s DeepMind and Google Brain Set Aside Rivalry, Target OpenAI
Startup Wiz Finds Critical Azure Flaw Tied to Bing Search
ByteDance Promoting Lemon8, New Community App in U.S.
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