Not content with simply controlling the software and social networks we use to stay connected, Silicon Valley is ploughing billions of dollars into dominance of something else: the raw wires and cables which form the basic physical plumbing of the global Internet. At stake is the very future of the web […]
seize
Chinese regulators raid Luckin offices and seize documents
NEW YORK — Chinese regulators have begun an investigation into Luckin Coffee, whose scandal involving fabricated sales figures is seen as risking the trustworthiness of other U.S.-listed companies from China. Luckin confirmed the probe Monday via Weibo, China’s Twitter equivalent, citing “market regulation authorities” — an apparent reference to the State […]
Rubicon Project, Telaria complete merger to seize on booming CTV space
UPDATE: April 1, 2020: Rubicon Project and Telaria completed their merger following stockholder approval, creating the largest independent sell-side platform in advertising, according to a press statement. The deal closed earlier than an initial July 2020 projection, and the combined company will take on a new name in the coming […]