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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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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