Techmeme

Results 61 - 70 of about 725:

Michael Moritz / Financial Times:
Western tech companies will increasingly need to compete with Chinese counterparts where employees work very long hours and enjoy few perks   —  The declaration by Didi, the Chinese ride-hailing company, that delivery business Meituan's decision to launch a rival service would spark …
Jan 18, 2018, 11:00 PMIn context
Leslie Hook / Financial Times:
Uber's $9.3B deal with SoftBank closes; new board member Rajeev Misra says Uber should return focus to US, Europe, Latin America, Australia to become profitable   —  Uber's largest shareholder has called for the car-booking company to focus on recovering market share in the US and growing …
Jan 18, 2018, 3:38 PMIn context
Tobias Buck / Financial Times:
SoftBank agrees to invest €460M in German online car dealer Auto1 at €2.9B valuation; half of the investment will be made through the issue of new shares   —  Japanese conglomerate SoftBank has agreed to invest €460m in Auto1, a fast-growing German online car dealer …
Jan 14, 2018, 12:45 PMIn context
Rochelle Toplensky / Financial Times:
Sources: EU set to approve Qualcomm's $47B acquisition of NXP next week, after the companies address regulator's concerns about competition   —  Brussels is set to approve Qualcomm's $47bn takeover of NXP next week, greenlighting the chip industry's largest deal and strengthening …
Jan 10, 2018, 4:55 PMIn context
Yuan Yang / Financial Times:
Didi Chuxing expands into China's crowded bike-sharing market, says it will partly take over the running of failed bike-sharing company Bluegogo's services   —  China's ride-sharing giant Didi Chuxing is expanding into the bubble-prone bike-sharing sector, the company said on Tuesday.
Jan 9, 2018, 12:15 AMIn context
Anna Nicolaou / Financial Times:
Vevo says it broke even in 2017, with revenue rising 30% YoY to ~$650M, and expects to be profitable in early 2018   —  Vevo, the music video company owned by a group of leading record labels, increased its revenues by 30 per cent in 2017 thanks to swelling global audiences for high-budget pop star videos.
Jan 1, 2018, 11:10 PMIn context
Financial Times:
Pavel Lerner, an executive of Bitcoin exchange Exmo who was kidnapped in Ukraine, was released after paying $1M+ ransom in bitcoins, according to a Ukrainian MP   —  An executive of a UK-registered cryptocurrency exchange kidnapped in Ukraine this week has been released after paying a ransom …
Dec 29, 2017, 3:10 PMIn context
Financial Times:
China's central bank announces plans to limit payments via static QR codes to ~$76/person/day; Alipay and Tencent say they approve of the new regulations   —  China's central bank has tightened rules on mobile payments made by scanning a barcode, imposing restrictions that could slow …
Dec 28, 2017, 3:55 PMIn context
Gabriel Wildau / Financial Times:
Pilot program in Guangzhou, one of China's largest cities, allows residents to link their national ID cards to Tencent's WeChat, may roll out nationwide in Jan.   —  One of China's largest cities will allow residents to link their national identity cards to the ubiquitous mobile messaging …
Dec 27, 2017, 5:15 PMIn context
Leslie Hook / Financial Times:
Uber's new COO Barney Harford talks about his plans to make Uber more efficient by reining-in promotions and discounts, reducing ride drop rates   —  Uber's newly appointed chief operating officer, Barney Harford, is planning to reduce costs and “bring a dose of financial discipline” …
Dec 25, 2017, 10:45 AMIn context

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