China Fines Didi $1.2 Billion as Tech Sector Pressures Persist
Regulators sought to make the company an example of the consequences of mishandling data — and of the grave political error of ignoring the authorities.
Regulators sought to make the company an example of the consequences of mishandling data — and of the grave political error of ignoring the authorities.
An inversion of the bond market’s yield curve has preceded every U.S. recession for the past half century. It is happening again.
The European Central Bank raised its key interest rate by half a percentage point, a bigger-than-expected move. Christine Lagarde, the bank’s president, also introduced a new measure aimed at countries’ diverging borrowing costs, an increasingly worrying problem for the eurozone.
Tech workers took out loans based on the value of their start-up stock in recent years. That may come back to haunt them.
A tech entrepreneur turned academic takes on the “disruption myth.” Big companies, he argues, have built software moats against rivals.
The prices of food and fuel continued to rise fast, and consumers were squeezed as wages failed to keep up.
She was the first Black woman in the position, which she held for two years. Her hiring came amid a push for diversity in the industry.
The streaming giant, facing significant headwinds, had said it expected to lose two million subscribers in the second quarter.
Twitter had sought to expedite the case by requesting a trial in September, which Mr. Musk had countered by asking for a trial in February.
The toymaker was able to raise prices to offset higher costs, but its revenue took a hit overseas because of a strong dollar.