Recent Posts

Snap CEO dismisses growth shortfall, scoffs at Facebook

Bloomberg For a guy who just lost about a quarter of his net worth, Snap Inc. co-founder Evan Spiegel exuded confi- dence on his first earnings conference call, explaining away the company’s shortcomings and even throwing shade at his bigger — and far more successful — social media rival, Facebook Inc. Facebook has been copying some of Snapchat’s most popular ...

Read More »

Uber suffers setback as EU court aide says it’s more than an app

Bloomberg Uber Technologies Inc. suffered a legal setback in its fight against being regulated as a traditional taxi service, after an adviser to the European Union’s top court rejected the argument that the car-hailing application is just that, an app. The question has vexed regulators and lawmakers across the region for years and Thursday’s non-binding opinion gives an indication that ...

Read More »

China’s big road is going to be awfully bumpy

As they’ve guided China’s remarkable economic ascent over the last four decades, the country’s leaders have largely been content to focus on raising incomes and building factories. They’ve steered clear of messy international entanglements that could undermine economic progress, and with it the public support that keeps them in power. Over the past decade, of course, a richer, more confident ...

Read More »
Send this to a friend