China says it will support Chinese IPOs abroad, calls for closure on tech crackdown

Traders work during the IPO for Chinese ride-hailing organization Didi World wide Inc on the New York Stock Trade (NYSE) floor in New York Town, U.S., June 30, 2021. Brendan…

These Companies Have Left Russia: The List Across Tech, Entertainment, Finance

Tech companies across the globe are pulling out of Russia. Jakub Porzycki/Getty Images This story is part of War in Ukraine, CNET’s coverage of events there and of the wider…

Peter Thiel, the contrarian tech investor turns to politics

Is Washington completely ready for Peter Thiel’s radical brand of anti-establishment wondering? One particular of the most effective Silicon Valley traders and business owners of the very last two many…

Peloton names tech exec Barry McCarthy to replace CEO John Foley

John Foley, CEO of Peloton. Adam Jeffery | CNBC Peloton is replacing its CEO and slicing approximately 20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its company workforce as it hopes to get again investors’ confidence…

UBS Purchase of Wealthfront Puts Advisors, Tech on Collision Course

UBS is obtaining software package-only automatic guidance platform Wealthfront for $1.4 billion, according to an announcement. The deal marks the finish of independence for Wealthfront, which was started in 2008…

China Notifies Firms of Tougher Investment Rules for Big Tech

SINGAPORE—China has notified some companies of new policies that would require the country’s largest online firms to search for acceptance for financial commitment offers, a system that is probable to…