Microsoft plans to recruit new Chinese staff in the coming year, growing its Chinese headcount to 10,000 from roughly 9,000 today, senior vice president Hou Yang said in a statement posted to Microsoft’s Chinese-language Weibo page Wednesday. Microsoft will also expand its office footprint in China, building out centers in Beijing, Shanghai and Suzhou in the next three to five years. The plans...
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The Briefing startups uber/lyft
Oscar Health’s New CEO Has a Tough Job—but Lyft’s New CEO Has It Worse
Mark Bertolini must be feeling pretty good. Since he was named the new CEO of Oscar Health on Tuesday, Oscar’s long-suffering stock has bounced 78%. OK, skeptics will point out that bounce was off a very low base—the stock was at $3.59 on Monday. And even after the rally, Oscar stock is still down 84% from its initial public offering price. But any stock lift is better than the alternative,...
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