Saturday, June 1, 2024

Sources: a16z and other investors in the fintech Synapse, which filed for bankruptcy in early May, were aware of recordkeeping discrepancies for years (Michael Roddan/The Information)

Michael Roddan / The Information:
Sources: a16z and other investors in the fintech Synapse, which filed for bankruptcy in early May, were aware of recordkeeping discrepancies for years  —  Millions of consumers who kept their savings with digital banking startups such as Yotta or Juno have lost access to their money as a result …



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...