Saturday, August 28, 2021

Didi, which grew by moving in regulatory gray zones before the US IPO, became a bellwether for how far China is ready to go in Big Tech crackdowns (New York Times)

New York Times:
Didi, which grew by moving in regulatory gray zones before the US IPO, became a bellwether for how far China is ready to go in Big Tech crackdowns  —  Didi pushed the limits and thrived in legal gray areas.  Until China cracked down.  —  China's leading ride-hailing company, Didi …



US House panel seeks records from Google, Twitter, Facebook and others in riot probe

The House panel investigating the riot at the US Capitol issued sweeping document requests on Friday to social media companies, expanding the scope of its investigation as it seeks to examine the events leading to the Jan. 6 insurrection. https://ift.tt/3joonY3

Microsoft Is Said to Discontinue Support for Office Apps on Chromebook

Microsoft is reportedly discontinuing support for its Office apps on Chromebook. A new report states that the company wants Chromebook users to transition to Web versions of these apps. This decision... https://ift.tt/3mHvwF8

Google Pay Said to Offer Fixed Deposit Facility in India

Google Pay will soon allow its customers in India to open Fixed Deposits (FD) on its platform, according to a report. https://ift.tt/3sVAnU5

Future Group Files New Case Against Amazon Over Reliance Deal

Future Retail has filed a new case against Amazon in the Supreme Court. This is its latest effort to seek clearance for its $3.4 billion retail assets sale to Reliance, which Amazon has challenged. https://ift.tt/2WzVu20

Salesforce-rival Freshworks files for IPO, reports 53% revenue jump

Business and customer engagement software company Freshworks Inc on Friday made public its filing for an initial public offering in the United States, reporting a nearly 53% surge in revenue as more customers signed up for its services. https://ift.tt/2UVlKnj

Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...