The fallout from Beijing’s crackdown on the ride-hailing app Didi has ensnared even those who made it a point to not mix business with politics.
Tag: Venture Capital
How China’s Tencent Avoided an Antitrust Push, For Now.
Tencent’s popularity may help it avoid trouble with Beijing. But its vast power could still squelch innovation in the world’s largest online market.
Clubhouse, a Tiny Audio Chat App, Breaks Through
The 11-month-old app has exploded in popularity, even as it grapples with harassment, misinformation and privacy issues.
Clubhouse, a Tiny Audio Chat App, Breaks Through
The 11-month-old app has exploded in popularity, even as it grapples with harassment, misinformation and privacy issues.
SoftBank’s Troubles Deepen With Warning of $16.7 Billion Writedown
The Japanese conglomerate, which bet big on tech start-ups with its $100 billion Vision Fund, also expects its first annual loss in 15 years.
At SoftBank’s Jewel in India: ‘Toxic’ Culture and Troubling Incidents
Backed by SoftBank, Oyo aims to be the world’s biggest hotel chain. But its growth was fueled by questionable practices, employees said.
Crisis Looms in Antibiotics as Drug Makers Go Bankrupt
First Big Pharma fled the field, and now start-ups are going belly up, threatening to stifle the development of new drugs.
The SoftBank Effect: How $100 Billion Left Workers in a Hole
SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents around the world.
The Shift: The 2018 Good Tech Awards
Scandals and wrongdoing in tech rightly get a lot of attention, but there’s good — yes, really — happening elsewhere.