He says Facebook counters China’s influence, but Frances Haugen painted a different picture. Read More
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China’s leaders have supported a five-year development strategy focused on lessening the market ’s dependence on overseas investment and technologies. A communique published Thursday, after a four-day assembly of the Communist Party’s Central Committee, sketched the broad shapes of the program, the 14th because the formation of the Individuals ’s Republic, also summarized a grand”vision” […]
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The U.S. is facing a worker shortage. Could it spur dealmaking in the hiring space—as well as in acquihires? Patreon acquires a recruiting company, while Twitter bulks up. Read More
Can Peloton become Netflix?
Peloton was a risky bet even among venture capitalists. At its core, the company sells a piece of hardware with virtual cycling lessons, a model skeptics say is easily copyable. They aren’t wrong: As Peloton has grown in the pandemic, so have its rivals including NordicTrack and fitness equipment maker Nautilus. Despite the naysayers, Peloton […]