Uber’s stake in Didi shrank by $2 billion this week amid China crackdown on U.S. listings

Uber CEO Dara Khosrowshahi speaks at a product launch occasion in San Francisco, California on September 26, 2019. Philip Pacheco | AFP through Getty Pictures Uber’s one-time, $9.4 billion stake in Chinese language ride-hailing large Didi has dwindled by half in lower than a month as China escalates its threats to U.S.-listed corporations. Greater than […]

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Shopify Inventory Hits a New Excessive

Textual content measurement Dreamstime Shopify inventory surged to a brand new excessive Thursday, as Wall Avenue ratchets up expectations for the corporate’s June quarter earnings, coming subsequent week. Shopify shares on Thursday rose virtually 2% to $1,599.22, and traded as excessive as $1,602.57, an intraday file. The inventory has rallied 41% yr to this point, […]

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Macron holds cybersecurity assembly in wake of Pegasus adware allegations

Issued on: 22/07/2021 – 17:08 French President Emmanuel Macron held an emergency cybersecurity assembly Thursday to weigh doable authorities motion after reviews that his cellphone and people of presidency ministers might have been focused by adware. Macron adjustments his telephones frequently and is “taking the matter very severely,” authorities spokesman Gabriel Attal mentioned Thursday on […]

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