Tuesday, December 28, 2021

Ant Group will close Xianghubao, a crowdfunding service for medical bills, on January 28, as China cracks down on fintech businesses (Bloomberg)

Bloomberg:
Ant Group will close Xianghubao, a crowdfunding service for medical bills, on January 28, as China cracks down on fintech businesses  —  - Program to be shuttered Jan. 28 and cost sharing has stopped  — Move follows similar closures by peers earlier in the year



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...