A Didi Chuxing autonomous taxi during a pilot test drive on the streets in Shanghai. Hector Retamal/AFP/Getty Images Didi Global , ...
Home » Archive for June 2021
After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO - Yahoo Finance
(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to riva...
Stock futures are flat as S&P 500 sits at record, Wall Street set to kick off second half of 2021 - CNBC
U.S. stock futures were steady in overnight trading on Wednesday as investors gear up for the second half of 2021. Dow futures rose about...
Amazon seeks to force FTC chair Lina Khan to step aside from investigations - Financial Times
Amazon is seeking to force Lina Khan , the new chair of the US Federal Trade Commission, to recuse herself from any investigations involvin...
Didi shares pop more than 17%, valuing Chinese ride-hailing company near $80 billion - CNBC
In this article DIDI DIDI Shares of Didi Chuxing were up a modest 4% Wednesday afternoon after spiking as much as 28.6% in the C...
Amazon Seeks Recusal of FTC Chairwoman Lina Khan in Antitrust Investigations of Company - The Wall Street Journal
Lina Khan, who was designated FTC chairwoman this month, has been a leading critic of dominant technology companies. Photo: graeme j...
Robinhood ordered to pay $70m penalty to US regulator - Financial Times
A Wall Street regulator has ordered the retail trading platform Robinhood to pay more than $70m in penalties for causing what it described...
Amazon seeks recusal of FTC chair Lina Khan in antitrust probes of the company - CNBC
Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and...
Volvo's Concept Recharge offers a peek at the company's 'pure' EVs - Engadget
Volvo's electric vehicles to date have been offshoots of existing car platforms (yes, even the Polestar 2 ), but it's now ready to...
Robinhood Agrees to Pay $70 Million to Settle Regulatory Investigation - The Wall Street Journal
Robinhood now has 31 million customers. Photo: Associated Press WASHINGTON—Robinhood Financial LLC has agreed to pay nearly...
Didi gears up for blockbuster US IPO in quest to go 'truly global' - CNN
Stock in China's biggest ride-hailer is set to start trading Wednesday in New York, the company announced. Didi priced its shares at $...
5 things to know before the stock market opens Wednesday - CNBC
Here are the most important news, trends and analysis that investors need to start their trading day: Wall Street set to close first hal...
UPDATE 1-Berkshire's Munger says China right to clip Ma's wings - Yahoo Finance
(Recasts with quotes about Jack Ma, adds details from interview, changes date in dateline) June 30 (Reuters) - Berkshire Hathaway Inc Vice...
China's Didi raises $4.4 bln in upsized U.S. IPO -sources - Reuters
Didi sold 317 mln ADS, more than planned 288 mln -sources Sells ADS at $14 a piece - sources Would give Didi $73 bln valuation on full...
Facebook antitrust lawsuit dismissed, becomes $1 trillion company - Yahoo Finance
Myles Udland and Brian Sozzi discuss the ramifications of the dismissal of the U.S. government's antitrust lawsuit against Facebook aft...
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