Here are the China trends investors bet money on during a sluggish few months
Manufacturing, especially semiconductors, was the most popular sector for deals in China during the first half of the year, according
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Venture capital
Activist investor group asks SEC to investigate Tesla over plan to shrink board
SOC Investment Group alleges Tesla's board isn't independent enough and favors Elon Musk's personal interests over shareholders'. Source link
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Tesla is cutting about 200 Autopilot jobs and closing office in San Mateo, California
Tesla is closing its San Mateo, California office, and laying off about 200 Autopilot data labelers amid a broader restructuring,
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Tech leaders react to Roe v. Wade reversal
Noteworthy tech executives spoke out against Friday's Supreme Court ruling overturning Roe v. Wade, which established the constitutional right to
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Brex drops tens of thousands of small business customers as Silicon Valley adjusts to new reality
The move is the latest sign of a sea change occurring among start-ups as an abrupt shift in market conditions
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‘The mood is very grim’: Once-hot fintech sector faces IPO delays and consolidation
The bosses of major fintech players have sounded the alarm about deteriorating macroeconomic conditions. Source link
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Stripe co-founder hits back at rivals accusing the company of unfair competition
John Collison, Stripe's president, said he's "pretty unapologetic" about decisions to launch similar features to rival fintech firms. Source link
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Here’s the email Elon Musk sent all Tesla employees about 10% head count reduction
Tesla is cutting 10% of its salaried employees CEO Elon Musk wrote in an email to all employees there on
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Tesla monitored its employees on Facebook with help of PR firm during 2017 union push
Records show that Tesla paid MWW PR to monitor workers online in 2017, including in a Tesla employee Facebook group.
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