Thursday, May 28, 2026

Sources: Australia-founded Airwallex, which Keith Rabois accused of being a "Chinese backdoor", is relocating some staff out of China amid its US expansion (Financial Times)

Financial Times:
Sources: Australia-founded Airwallex, which Keith Rabois accused of being a “Chinese backdoor”, is relocating some staff out of China amid its US expansion  —  Australia-founded Airwallex is pursuing US expansion amid intensifying rivalry between Washington and Beijing



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Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over weakened engagement and a depressed stock price (Matthew Belloni/Puck)

Matthew Belloni / Puck : Sources: Netflix is preparing for layoffs that will impact ~5% of employees, or ~850 jobs, amid pressure over we...